The results of Automotive News’s inaugural Auto Industry Confidence Index survey show U.S. franchised dealers were less optimistic about the industry’s prospects in July than they were in June. +
Volvo Car Financial Services now offers auto, home and personal insurance coverage through Volvo Car Insurance Services, a new, independent insurance agency. +
The latest benchmark report from StoneEagleDATA finds U.S. dealers enjoyed a 10% increase in F&I income in July as deal count volume rebounded from a relatively slow June. +
Kerrigan Advisors’ Blue Sky Report for the second quarter shows merger and acquisition activity in the dealership sector improved on a year-over-year basis in the first half of 2025. +
Ford and Lincoln dealers using the factory’s FordDirect customer engagement platform now have a new employee in “Jerry,” Podium’s AI-powered, inbound lead-handling virtual sales assistant. +
Presidio Group analysts say U.S. dealership buy-sell activity was roughly on par with last year for the first two quarters of 2025, but blockbuster deals could portend a busier second half. +
vAuto will leverage the power of AI to enhance the trade-in appraisal and service lane sourcing processes and generate instant offers for quality units with UVeye’s “MRI for cars.” +
Group 1 Automotive has acquired a Mercedes-Benz dealership located in an uptown Atlanta neighborhood known for its high-rise office and condo towers and wealthy residents. +
Tesla is allowed to sell its EVs directly to consumers in Ohio, but its competitor, Rivian, is not. The latter is suing to end the state's ban on DTC sales and its rival’s carveout. +
An Ohio woman whose vehicle was repossessed by Taylor Kia of Lima following a conditional delivery is suing the dealership after successfully claiming its business name. +
