There's an uncomfortable truth hiding in plain sight at most dealerships: fixed operations, the department that should be the most predictable and profitable engine in the building, is running on duct tape and good intentions.
https://t.co/WyhMmruQY6
They might be some of the younger personnel at their dealerships, but they’ve already shown their ability to thrive in a variety of roles and responsibilities.
https://t.co/FifhepkkEq
@zeigler_auto is on quite the dynastic run.
For the 20th consecutive year, the retailer has earned recognition as one of West Michigan's Best and Brightest Companies to Work For.
https://t.co/7tOgiIKUEl
Lithia Motors has sold its Ferrari of Denver store to Woodhouse Auto Family CEO Jason Pittack, according to a news release from Pinnacle Mergers & Acquisitions, which advised Lithia on the transaction.
https://t.co/WRQng8Omii
Steve Levine said dealers have been approaching him recently with an idea. Should they start a car-rental businesses to supplement their dealership revenues by providing affordable rentals to customers whose vehicles are out of service for repairs.
https://t.co/w23RPuAFwY
A new AI platform designed to help car dealerships with sales and service follow-up has launched.
https://t.co/MC27jCkPxP is designed to automate customer communication, giving dealers greater capability to capture, convert and retain more customers.https://t.co/oCHsiMitlP
Steve Levine said dealers have been approaching him recently with an idea. Should they start a car-rental businesses to supplement their dealership revenues by providing affordable rentals to customers whose vehicles are out of service for repairs.
https://t.co/w23RPuAFwY
Catalyst IQ and @JDPower each offered some clarity for why used-car retail prices are climbing even faster than ones for new models, which are just $30 below the record level seen in July 2023.
https://t.co/VUJuUWCHbJ
We continue our episodes of the Auto Remarketing Podcast originating from the Live Stage, which was sponsored by SYCN Auto Logistics, during the Used Car Industry Summit in Miami this spring.
https://t.co/E3gFhBw9tL
The @NAutoAuctionAsn introduced “targeted updates” to its NAAA Arbitration Guidelines on Monday, the trade group said in a memo to members.
https://t.co/PcF1jqUSpl
About six weeks after announcing the acquisition, @CoxAutomotive said Monday it has completed its purchase of customer data platform and marketing automation company @FullpathCDXP https://t.co/VMrZiTEtF0
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete.
https://t.co/Fb937cpOUu
While many dealers have always “trusted their gut,” the old instinct-driven approach to buying used car inventory is quickly becoming obsolete.
https://t.co/Fb937cpOUu
“There’s no (case where you) plug in AI and it’s magic,” Smith said in an interview on the sidelines of the J.D. Power Auto Summit, ahead of @NADAExpo 2026.
“A lot of it is training and coaching." https://t.co/uHJGC2iNAL
@Paragon_Honda, @Paragon_Acura, and @WPHonda , all led by Brian Benstock, have partnered with mobile service platform Curbee to deliver select dealership-certified mobile vehicle maintenance and repair services on demand to customers in their driveways. https://t.co/gBt97iP4Nv
There is likely to be about 26% year-over-year growth in lease returns this year, according to @edmunds
That’s nearly 500,000 more used cars hitting the market compared to last year
And that uptick is expected to continue in 2027!
https://t.co/4eHbyk28yn
It’s a bit of Catch-22.
With new cars out of reach for many, car shoppers are turning to the used-car market to find affordable options.
But that rush of interest is driving up prices in pre-owned, too.
https://t.co/9fulcuJI1l
A 14.2-mile interior fence. Tough terrain. Multiple security personnel. Two or three vehicles churned from wear and tear annually. A looming United States Customs Trade Partnership Against Terrorism (CTPAT) audit in jeopardy.
https://t.co/YEPMAe9KA6
The used electric and hybrid vehicle market was already set to benefit from a boost in supply. Now, the recent surge in fuel costs has led to greater demand, higher prices and quicker turn times for these vehicles.
And significant increases in sales.
https://t.co/9yEL5vzbev
@BlackBookAuto tackled predictions for depreciation and residual values along with pinpointing a variety of factors that could be either tailwinds or headwinds for the used-car market as part of its Vehicle Depreciation Report 2026.
https://t.co/j53LYKilAD