A new partnership pairs inride’s proprietary inventory sourcing platform with ClearCar, backing every trade-in offer with automated follow-up. +
The newly launched vAuto Test Drive is a digital platform designed to give dealers an opportunity to preview, test and contribute to the development of new and largely AI-powered inventory management tools. +
Luke Ramseth of The Detroit News reports Carvana’s seven recently acquired Stellantis dealerships have sold new vehicles to customers in 37 states. +
Multiple sources report Carvana has acquired Avon Lake (Ohio) Chrysler Dodge Jeep Ram from Elliot Schor and Scott Zuckerman, who owned the suburban Cleveland dealership for less than a year. +
CDK analysts report U.S. dealers earned a 66% “Easy to Purchase” score last month, down from 85% in October and the single lowest score in the survey’s history. +
Team Velocity and VINCUE have partnered to launch Trade Cycle Intelligence, a new, AI-based solution designed to target and engage customers who may be in the market for a new vehicle. +
Kelley Blue Book reports the average transaction price for a U.S.-sold new vehicle exceeded $50,000 for the first time in September despite increased incentive spending. +
Edmunds reports the average amount owed on upside-down car loans reached a new record of $6,905 in the third quarter as more new car buyers traded in vehicles burdened by negative equity. +
AutoSonix has launched an AI-powered platform designed to give dealers, wholesalers and warranty providers “unprecedented” visibility into a vehicle’s condition and value. +
inride has added Trade Agent AI, a new, agentic AI tool designed to proactively and autonomously identify trade-in and purchase opportunities and engage with vehicle owners. +
