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Industryby Tariq KamalMay 29, 2019

IHS: EVs Will Reach 7.6% Market Share in 2026

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a segment driven by rapidly proliferating makes and models.

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Awardsby StaffMay 28, 2019

Auto/Mate Earns CEG’s 2019 Economic Winner Award

Auto/Mate Dealership Systems has earned distinction as this year’s recipient of the Center for Economic Growth’s Economic Winner Award.

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Industryby Tariq KamalMay 28, 2019

FCA Proposes Merger With Renault

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s third-largest manufacturer.

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Industryby StaffMay 23, 2019

New ADESA Leaders to Focus on Mobile and UVA

Matt Laughridge and Sawyer Walker have joined ADESA as general manager of mobile auctions and national manager of dealer-to-dealer sales.

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Industryby Tariq KamalMay 22, 2019

NC Dealer Refuses to Lower Giant American Flag

Camping World and Gander RV’s Marcus Lemonis says his dealership’s 40-by-80-foot American flag is a tribute to military veterans and that he will not take it down, despite the threat of thousands of dollars in fines.

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Industryby StaffMay 22, 2019

Former Dealer Offers Car-Buying Advice for Women

Dealer principal turned consultant, speaker, and author Lisa Copeland has released ‘Car Buying, Her Way: The Fierce Girl’s Roadmap to The Car of Your Dreams,’ a new book designed to give female car buyers the ‘upper hand’ in the sales process.

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Product & Technologyby StaffMay 21, 2019

MAX Digital Partners With Lotpop

Lotpop has joined MAX Digital’s network of approved vendors, promising dealers a profit-driving pairing of platforms designed to improve sales and gross and manage inventory.

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Industryby Tariq KamalMay 21, 2019

Subprime Up 13% as Total Auto Originations Decline

The Federal Reserve Bank of New York’s Q1 U.S. household debt report finds auto loan and lease originations declined slightly year-over-year — except for sub-620 customers — while 90-day delinquencies grew by 9.2%.

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Industryby StaffMay 21, 2019

Dent Wizard to Sponsor Team Penske

A new partnership between Dent Wizard and Team Penske will put the F&I product provider’s logo on the No. 12 Ford Mustang driven by Ryan Blaney in two upcoming NASCAR races.

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Industryby StaffMay 20, 2019

Racing History Comes to Life in ‘Fast Forward’

Sportswriter Adam Skinner and illustrator James Gilleard have teamed up to present ‘Fast Forward,’ a new large-form book recounting 18 iconic moments in racing history.

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