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Report finds U.S. market hits ‘peak truck’ as consumers seek more affordability
Pickup trucks and SUVs have long been the dominant vehicles in the U.S. market, but that dominance could be diminishing, ...
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Canadian wholesale values hold strong; government pauses iZEV program
The week ending Jan. 18 was a relatively strong one for Canadian wholesale used-vehicle values. The overall market was down just 0.17% for the week, according to Canadian Black Book’s weekly Market ...
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Reports: Dealership profits will fall, but dealers still optimistic about 2025
Dealership profits are expected to fall in 2025 – but franchise dealers are still bullish on what’s ahead this year. That’s ...
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CFPB focuses on forwarders in new report about repossessions
The industry’s waiting for the Consumer Financial Protection Bureau (CFPB) to release more findings stemming from its project ...
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Cars Commerce acquires dealer-to-dealer wholesale platform DealerClub
Cars Commerce has strengthened its position in the wholesale automotive space this week with the acquisition of DealerClub, a ...
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NADA CEO thanks industry for resilience, says focus is to ‘give everyone the best NADA Show experience possible’
It has been quite an odd and unprecedented week for the auto industry and its largest annual event. Amid the historic snowstorm that hit New Orleans on Tuesday and hampered travel into the city for ...
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Impel integrates its conversational AI technology into FordDirect platform
Artificial intelligence technology provider Impel is joining with FordDirect in a strategic partnership to bring Impel’s ...