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News
Fraud in the fast lane: 2 new reports spotlight what dealers need to know now
1+ day, 1+ hour ago (1227+ words) Hosting a breakfast at Digital Dealer with Steve Greenfield from Automotive Ventures. We’ll be sharing industry updates and comparing notes on what we’re seeing across automotive retail. Generously sponsored by The Shop and Podium. If you’re around, come join us....
America’s Car-Mart receives extension on outstanding debt
3+ day, 6+ hour ago (435+ words) America’s Car-Mart received another extension through Sept. 11 to work through its debt obligations after first-quarter 2027 numbers this week showed the BHPH company had a 57.3% year-over-year drop in revenue. Driving the news: America’s Car-Mart, based out of Arkansas, received a pair…...
Toyota models identified as most likely to hit 250K miles
3+ day, 7+ hour ago (454+ words) When buying a Toyota, there’s nearly a one-in-five chance that it will last 250,000 miles, an industry best, according to data collected by iSeeCars. Driving the news: Analyzing data from more than 395 million vehicles (excluding heavy-duty trucks), iSeeCars identified the top…...
New, used demand ticks up as buyers chase affordable inventory
4+ day, 2+ hour ago (534+ words) Used vehicle demand remains elevated, with growing demand for the youngest and oldest models, while new vehicle demand ticked up slightly but remains off 2025’s pace, according to CarGurus’ August Intelligence Report. Driving the news: Though cooling from a three-year…...
Volkswagen weighs Ducati sale as sweeping restructuring expands beyond core auto business
4+ day, 11+ hour ago (383+ words) Volkswagen Group is weighing a potential sale of Ducati as part of its sweeping restructuring plan aimed at improving the company’s core automotive operations. The details: The Italian motorcycle maker is one of 600 businesses under review out of roughly 2,000 owned…...
2026 models total 85% of new-vehicle inventory through end of August
5+ day, 2+ hour ago (392+ words) Through the end of August, model-year 2026 vehicles are still filling dealers’ lots, with CarGurus noting that 85% of new inventory is from this year. Driving the news: The analysis of inventory through the end of August showed that the current-year mix…...
Ford, GM turn underused EV battery capacity into new revenue stream
5+ day, 2+ hour ago (406+ words) General Motors and Ford are turning underutilized EV battery capacity into a new revenue stream as demand for battery energy storage systems (BESS) continues to grow. The details: The two Detroit automakers—which have written down billions in EV investments…...
Fewer ‘sweet spot’ vehicles from 6- to 12-years-old remain on the road
5+ day, 2+ hour ago (506+ words) As used inventory remains in demand, the number of vehicles in operation in the “sweet spot”, 6- to 12-years-old, declined slightly in the past year. But those vehicles from model years 2015 to 2021 still make up more than a third of the…...
Volkswagen sells German auto plant for defense production as sweeping restructuring takes shape
6+ day, 2+ hour ago (368+ words) Volkswagen will offload one of its plants for defense production as the automaker restructures its operations and reduces vehicle production capacity. The details: The automaker said Monday that it struck a deal to sell its factory in Osnabrück, which is…...
TrueCar CEO talks strategy behind native smartphone app: 'I believe that search is dead"
6+ day, 2+ hour ago (1111+ words) TrueCar recorded another profitable quarter since going private in January, added two more credit union partners, and is preparing to shift how it reaches customers. Driving the news: The financial news, continued business drive, and a stated commitment to full…...