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Nov. 2, 2026

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Breaking News

Ignited Services Adds Credit Prequalification to Dealer Marketing Campaigns

Fed Holds Interest Rates in 10-2 Decision

RockED Creates Sales, BDC, Service and F&I Training for PromptPath Users

Lotlinx: Used Markdowns Hit 47% as Dealers Roll Aging Stock Into Q4

Intellicheck Adds Front-Door ID Check to Agility Credit Fraud Platform

Sales / Tech /
ProMax Adds AI Lead-Response Agent to CRM Platform
ProMax Complete now features ProMax BDC AI, a new agent designed to engage and converse internet, text and phone leads around the clock. +
M&A /
Penske to Go Private in $16 Billion Deal
Penske Automotive Group has entered into a definitive merger agreement to be taken private by its two largest shareholders, Penske Corp. and Mitsui & Co., which will own 64% and 36% of the company, respectively. +
F&I /
Survey: 71% of Car Buyers Unsure Whether They Have a Service Contract or GAP
Caribou analysts say most Americans know their monthly car payment but few know whether they are protected by a factory warranty, service contract or GAP. +

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3 Ways to Build Value in the VSC

F&I /
Subprime Pushes Auto Credit Access to 11-Year High in September
The Dealertrack Credit Availability Index climbed to 107.1 in September as all six components — including subprime share — contributed to the gain. +
M&A /
Retiring Cloninger Sells All Six Carolina Dealerships to Michael Family
Tim Michael and his family-owned group plan to carry forward Larry Cloninger’s "Just Better" mantra as the new owners of his Ford, Honda and Toyota dealerships. +
Fixed Ops / Sales / Tech /
IgniteUps.ai Adds ‘Performance Manager’ for Dealership AI Agents
NEXUS was designed to coordinate a dealership’s connected AI agents across sales, service, customer follow-up and internal communications. +

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