The average transaction price for a new vehicle in January is $48,759, a more than $10,000 spike from just five years ago, according to Cox Automotive. Surprisingly, luxury vehicle prices have dropped 7.4% compared with a year ago, an anomaly driven

Rapid Recon and Velocity Automotive, driven by Vehlo, will announce an integrated system for closing the trade appraisal gap at the National Automobile Dealers Association convention on February 1. This powerful appraisal-assist system delivers deep

Brand retention at auto dealers nationwide was up in 2023 to 43.7%, according to an annual report released by Reynolds and Reynolds. The 2024 Automotive Brand Retention and Defection Report is derived from finalized deals for new and used vehicles th

Car sales for for the first month of 2024 are expected show gains compared to a year earlier when sales figures are announced, according to officials at Cox Automotive. The January sales data falls in line with Cox’s 2024 prediction of a year retur

There’s no shortage of news in the automotive industry about vehicle affordability, high interest rates, confusion about electric vehicles, and a lack of used car inventory. But there is one headline that rises to the top: consumers are struggling

The Reynolds and Reynolds Company and CARFAX are announcing a collaboration simplifying automobile dealerships’ integration with CARFAX, while enhancing consumer confidence. Through the Reynolds Certified Interface program, dealerships that opt int

Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, recently launched Lotlinx Sentinel – a highly evolved vehicle risk mitigation platform. Sentinel protects dealers by forecasting risks and impleme

Ander, and its automotive division Quantum5, the first holistic learning ecosystem in automotive to drive measurable performance through engagement and proficiencies, is proud to announce the acquisition of Trivie, a modern workforce engagement platf

And today, a message in Latin about “threes.” Omne trium perfectum conveys “everything that comes in threes is perfect.” In other words, pay attention when things come in threes. As humans, we recognize things and process information