Vehicle Management Systems has launched Virtual Fleet Manager, a fleet- and dealer-facing AI-first platform designed to provide an intelligent operating layer for connected vehicles and fleets. +
Attorneys representing Tesla in North Dakota, where the EV manufacturer hopes to sell vehicles directly to consumers, have asked a state court to declare it is not, in fact, a manufacturer. +
Cox Automotive and Moody’s Analytics report higher incomes, steady interest rates and increased incentives offset a near-$50,000 average transaction price in March. +
Optimism is down and pessimism is up among U.S. franchised dealers — as well as manufacturers and suppliers — in Automotive News’s latest quarterly Auto Industry Confidence Index. +
Sales of full-size SUVs and pickups — and a decreased appetite for small cars — pushed the average U.S. new vehicle transaction price to $49,275 in March. +
Factories sharing new vehicle sales reports with the Automotive News Data Center suffered a roughly 5% drop in total volume in the first quarter, driven in large part by a double-digit decline in March. +
Daniel Pellegrini says his new auto sales platform, AI2Mob, leverages AI to help dealers spend less on ads by monetizing the trust they have built in their communities. +
Sony Honda Mobility has canceled two EVs that were set to be built in the U.S. and sold directly to consumers — a plan opposed by Honda dealers and trade groups — citing declining EV demand. +
A new framework for TrueCar’s dealer program was built to promote pricing transparency, accountability, accuracy and fair competition while protecting front-end gross. +
Lotlinx dealers can now use COOPABLE to apply manufacturer co-op funds to their inventory management solutions without the need for manual approvals or submissions. +
