News

Dealer Ops•by Staff•November 4, 2022

Carvana’s Q3 Disappoints

Used-car retailer misses expectations in face of industry pressures.

Auto Finance•by Staff•November 3, 2022

Third Quarter Auto Finance Digital Transformation Index Illustrates Additional Growth to Digital

Digital adoption and conversion of back-office processes from paper to digital has continued this year, despite slowing auto sales compared to last year.

Dealer Ops•by Staff•November 3, 2022

NADA: October New Light-Vehicle Sales Up Nearly 10% from September

New light-vehicle sales in October 2022 totaled a SAAR of 14.9 million units, the second-highest monthly total this year.

Dealer Ops•by Staff•November 3, 2022

Ford Sales Drop in October

Supply issues continue to stymie carmaker.

F&I•by Staff•November 3, 2022

Auto Loans Follow Interest Rate Hikes

APR for new cars hits 3-year-plus high.

Industry•by Staff•November 2, 2022

CornerStone United Named Top Employer

Business North Carolina recognizes warranties and service contracts provider and administrator.

Dealer Ops•by Staff•November 2, 2022

McGovern Auto Group Opens Luxury Dealerships in Albany, NY

New Jaguar Land Rover and Volvo locations expand auto powerhouse’s reach in New York.

Auto Finance•by Staff•November 2, 2022

Subprime Lender Has Mixed Q3 Results

Credit Acceptance boosts loan volume, value but lowers collection rate forecast.

Dealer Ops•by Staff•November 2, 2022

Lithia Outpaces AutoNation in Q3

Dealer group posts record profit, sales jump.

Auto Finance•by Staff•November 1, 2022

Black Book: Weekly Market Report

It was another stable week in the lanes last week. Inventory is still available and consistent, but there has been a noticeable increase of IF sales and no sales.

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