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. +
FullThrottle Technologies announced the launch of The Automotive DSP, a new, AI-powered platform designed to allow dealers to create and execute tierless marketing campaigns. +
In a post-tax credit world, CarEdge’s Justin Fischer believes the same EVs that sold themselves through government incentives are being sold just as effectively by family, friends and coworkers. +
TrueCar co-founder Scott Painter will return to the CEO position he left in 2015 after leading an effort to acquire the company in a $227 million deal with Fair Holdings Inc. +
Commercial vehicle dealers tell Equipment Finance News’s Quinn Donoghue that AI is moving the needle at their stores by helping their sales teams work smarter and faster. +
GoTo’s new Connect AI Receptionist was designed to automate dealership sales and service scheduling by handling routine questions, setting appointments and balancing service demand. +
A successful test run at a Texas Hyundai store preceded the nationwide launch of D.A.I.V.E., a new AI agent designed to connect with and assist car shoppers walking dealership lots. +
Executives say increased financing options with familiar partners will help Amazon-partnered Hyundai dealers reach more used car buyers and sell more F&I products. +
GM tells Bloomberg the factory will replace the expired $7,500 federal EV tax credit with $6,000 in “lease support” cash following unrelated reports of a similar move at Stellantis. +
AutoSonix has launched an AI-powered platform designed to give dealers, wholesalers and warranty providers “unprecedented” visibility into a vehicle’s condition and value. +
