KBB reports the average transaction price for a new vehicle increased for the fourth straight month in September, falling $52 short of the all-time record. +
A new DriveCentric platform was designed to help multistore dealers create a shared data foundation built to support new AI and engagement capabilities. +
Nearly one-third of leaders in the retail, insurance, repair and product and provider segments cite the lack of a trusted partner as a barrier to new revenue. +
ProMax Complete now features ProMax BDC AI, a new agent designed to engage and converse internet, text and phone leads around the clock. +
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. +
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. +
The Dealertrack Credit Availability Index climbed to 107.1 in September as all six components — including subprime share — contributed to the gain. +
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. +
NEXUS was designed to coordinate a dealership’s connected AI agents across sales, service, customer follow-up and internal communications. +
Cox’s acquisition of Fullpath promised dealers the ability to deliver highly personalized shopping experiences. A new CRM integration is a key step. +
