The used car market is experiencing a wave of fluctuations and they’re not only restricted to internal combustion powertrains. After two years of...
Used Hybrid and EV Prices are Rising Fast
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Recall Volume Remains Elevated as Voluntary Notices Create New Risks
Automotive recalls continue to be a critical issue affecting road safety and consumer trust. Over 28 million passenger vehicles, light trucks, and...
Senate Votes to End California EV Mandate
The United States Senate voted Thursday to repeal California’s plan to end the sale of gas-powered vehicles by 2035. The vote was 51-44 in favor of...
Carvana Achieves Record-Breaking Q1 Results Amidst Shifting Market
Carvana released its first quarter financial results last week and they paint quite a picture for the automotive ecommerce platform. Carvana...
The AI-Powered Car: Inevitable, but Will Drivers Embrace It?
The automotive industry is racing into the AI era, promising smarter, more intuitive vehicles. AI in cars is not just a possibility—it’s an...
Dealership Profits Up in Q1 Even with Uncertainty on the Horizon
The automotive retail industry has been on a rollercoaster ride over the past few years, but it appears to have finally reached some stability, at...
Lotlinx Q1 Report: Inventory Tightening Even as Carryover Increases
Aging vehicles are yet another challenge dealerships will be facing in the coming months as new vehicle carryover inventory has increased by eight...
Santander US: Middle-Income Americans Are Revving Up Auto Demand
According to a new report from Santander US, automotive demand is on the rise amongst middle-income Americans. Despite increasing costs, 47 percent...
Consumers Leasing EVs At Greater Numbers
With electric vehicles (EVs) continuing to become a viable option for prospective vehicle shoppers, Experian found one trend that is standing out:...
What’s Preventing More Auto Retailers from Additional Cyber Defense?
Sure, technology is rapidly advancing the automotive retail and lending industries, but this evolution has also brought about new challenges in the...