CarNova’s owners say the new Denver-area dealership represents an emerging, AI-first model designed to engage car shoppers around the clock. +
Cox’s latest survey finds concerns over affordability, inflation, interest rates and economic and political uncertainty are weighing on dealers’ minds. +
A strategic integration connects ACV’s pricing engine and AI-powered vehicle inspection and valuation platform with DriveCentric’s fixed ops CRM. +
Sofia V2 is backed by Drivee AI’s new ATLAS intelligence engine, adding real-time context and actionable recommendations for dealership staff. +
Luke Ramseth of The Detroit News reports Carvana’s seven recently acquired Stellantis dealerships have sold new vehicles to customers in 37 states. +
Edmunds analysts say the average cost to buy a 3-year-old unit now stands at $32,461 as shoppers face a “fundamentally repriced” market. +
Levels Dealer OS’s partnership with Keys Inc. will allow dealers to identify the correct key or fob for any vehicle in their system and connect with a locksmith. +
Edmunds reports nearly 69% of trade-ins come with an average of more than $13,000 in positive equity despite easing inventory constraints. +
Edmunds reports the Toyota Tundra led all trade-ins in average negative equity in a Q2 list filled with models regarded as strong residual value performers. +
Edmunds analysts say affordability pressures are pushing U.S. new-car buyers to borrow more, put less down and pay more each month. +
