Trending Auto Retail News
The Quiet Revolution in Online Auto Sales
When iA Financial Group announced its approximately $7.3 million USD strategic partnership with Clutch in July, it may have seemed like just another corporate investment. However, as we look back four months later, the impact of this move on Canada’s used car market...
Over 300 Dealership Transactions So Far in 2024: Kerrigan
The auto dealership buy/sell market rose to another record high, with 330 dealership transactions representing 544 franchises sold completed in the first nine months of 2024, according to recent report from Kerrigan Advisors. The recently-released Third Quarter2024...
Safeguarding Customer Data: The Critical Role of Encryption in Automotive Retail
The automotive industry faces unprecedented challenges in protecting customer data privacy. As vehicle transactions increasingly move online and dealerships collect more personal information, the need for robust security measures has never been more critical. Central...
CDK Introduces Industry-First Comprehensive Role-Based Product Certification Program
CDK, the leading automotive retail software provider, announced the launch of the company’s new software certifications and courseware, designed to equip dealership employees with the skills and credentials needed to excel in today’s rapidly evolving consumer vehicle...
Amazon Begins Selling Hyundai’s Online
Amazon Autos is live. Started last week, consumers in 48 U.S. cities were able to browse, order, finance, and schedule pickup of a new Hyundai vehicle from their local participating dealer directly on Amazon. The kickoff comes a year after the online behemoth and the...
How AI is Transforming the Automotive Industry
The automotive industry is at a turning point. Long-dominant carmakers in Europe and America now face tough competition from Chinese manufacturers, who are leading the way in electric vehicles (EVs). To stay competitive, many are turning to advanced technologies, with...
Total Contract Value of Lotus Technology’s Intelligent Driving Solutions Nearing $130 Million
Lotus Technology Inc. a leading global intelligent luxury mobility provider, announced that Lotus Robotics, a subsidiary of the company, has to date achieved a total contract value of approximately US$130 million for its intelligent driving solutions, symbolizing a...
Optimism Rises Among Auto Dealers Following Election: Cox
Dealers are increasingly optimistic about the future now that the 2024 Presidential election is over, according to the Q4 2024 Cox Automotive Dealer Sentiment Index (CADSI). The latest survey, conducted immediately following the national election in early November,...
TOPDON US Announces Agreement to Support Carroll Shelby Automotive Program at Northeast Texas Community College
TOPDON USA, the premier provider of cutting-edge technology and advanced tools for auto repair professionals and enthusiasts, announced an agreement with Northeast Texas Community College (NTCC) to help educate students attending the Carroll Shelby Automotive Program....
Infiniti to Share Rooftops with Nissan Dealerships
As sales for Infiniti’s continue a decade long decline, some dealers looking to keep their doors open are being approved for a joint location with Nissan stores. According to recent published reports, an Infiniti dealership sells approximately 24 vehicles monthly on...
Working Together: How Auto Industry Players Are Fighting Back Against Digital Fraud
Three dealers had fallen victim to the same sophisticated fraud scheme in just one week. The story spreading through dealership break rooms across the country is becoming all too familiar. A new wave of digital payment fraud has hit the auto industry hard, with a...
Foresight’s Cutting-Edge 3D Perception Technology in Line with Expected Trump Administration’s Support for Autonomous Vehicle Regulations
Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems, announced that its stereoscopic 3D perception systems would likely comply with the strategic initiative of the impending Trump administration’s recent publicly stated commitment to...
Join us for Digital Dealer Las Vegas 2021