The automotive industry is undergoing a huge transformation as this rise of software-defined vehicles (SDVs) and connected mobility drives OEMs to adopt more tech-driven strategies. This rise in SDVs is currently set to create over $650 billion in va

DealNow, the first-of-its-kind service that enables secure and seamless online transactions for any vehicle –including cars, RVs, boats, and other recreational vehicles– announced the launch of its new Instant Loan Lookup and Payoff Solution, des

Asbury Automotive Group has signed a definitive agreement to acquire one of the largest private dealership group New England for $1.34 billion. Asbury announced on Feb. 18 reached a deal with The Herb Chambers Companies (HCC), the fourteenth largest

The automotive retail world is changing fast, and dealerships are under pressure to keep up with customer expectations while staying profitable. One big shift is the move to direct-to-consumer (DTC) inventory sourcing. By cutting out auctions and who

Highnote, a leader in modern card platform management, announced the launch of a new consumer credit card program with Fasten Rewards. Leveraging Highnote’s customizable platform, Fasten aims to strengthen the relationship between drivers and d

A survey by financial services company Santander US found that a third of middle-income households making between $50,000 and $148,000 annually intend to buy a car this year. A number of those weighing whether to buy have started taking action. Abo

Competition has always been a significant challenge for dealerships, requiring more than just an impressive inventory to stay ahead. With more people expecting convenience, transparency, and value, dealerships must rethink their strategies and move b

The Utah Automotive Hall of Fame has inducted Ken Garff Automotive Group executive and partner Brad Eichers into the prestigious Utah New Car Dealer’s Hall of Fame, recognizing his remarkable contributions to the automotive industry and his las

Florida is the next battleground between franchised dealerships and automakers looking to sell directly to the consumer. Volkswagen and Audi dealers in the Sunshine State filed a lawsuit against Scout Motors that alleges its direct-sales model for ve