A narrowing yield spread and a remarkable recovery in approval rates pushed Dealertrack’s Credit Availability Index to 103.7 in May, improving by 7.3% year over year to reach its highest level since April 2022. +

The owner of Sun GMC claims General Motors is starving the Long Island rooftop of the inventory it needs to remain in business and meet factory sales targets. +

Kerrigan Advisors’ Q1 Blue Sky Report finds multistore deals and soaring valuations helped drive a record 478 transactions over the past 12 months. +