Analysts say econtracting adoption has slowed for consecutive quarters but improved dramatically compared with the fourth quarter of 2023. +
An eLEND Solutions survey found 90% of respondents believe AI-based pricing is contributing to inaccurate online quotes. +
WardsAuto’s Alysha Webb offers tips dealers can use to counter an expected shortfall of more than 1 million off-lease units and help prevent future shortages. +
The Federal Reserve Board’s first meeting of 2025 ended with its target lending rate unchanged as the agency pursues its “dual mandate” to limit inflation and unemployment. +
A new partnership that pairs Reynolds and Reynolds’s DMS with Sunbit’s prescreening technology was designed to allow dealers to deliver automated financing offers to service customers. +
More than two-thirds of U.S. dealers who responded to the Kerrigan Dealer Survey fear EVs will hurt business in 2025, likely contributing to a six-year low in profit expectations. +
In a survey of 3,900 U.S. franchised dealers, Presidio Group analysts found gross profit per vehicle fell in 2024 while new vehicle sales, F&I income and total revenue improved. +
Brady Jones has joined Prosidium as executive vice president of dealer success for the U.S. market following a successful tenure at Cilajet. +
Experts say identity fraud is on the rise and costing the American auto industry billions while inconveniencing legitimate customers. The Detroit Free Press investigates. +
700Credit will integrate its services into Botdoc Connect, promising faster and more efficient hard and soft credit pulls with enhanced data security. +
