Sony Honda Mobility has canceled two EVs that were set to be built in the U.S. and sold directly to consumers — a plan opposed by Honda dealers and trade groups — citing declining EV demand. +
A new framework for TrueCar’s dealer program was built to promote pricing transparency, accountability, accuracy and fair competition while protecting front-end gross. +
Lotlinx dealers can now use COOPABLE to apply manufacturer co-op funds to their inventory management solutions without the need for manual approvals or submissions. +
Kelley Blue Book’s Erin Keating sees rising ATPs as “more like normalization than a new pricing problem” as MSRPs — and incentive spending — ticked upward in February. +
Back at the helm of TrueCar after a 10-year absence, Scott Painter says he is leading the company in a new direction and challenges dealers to consider the car buying process from Captain Kirk’s perspective. +
Analysts say fewer than half of U.S. dealers are optimistic about the auto retail market in Cox Automotive’s latest Dealer Sentiment Index report, but expectations for the spring are notably higher. +
Volvo dealers sold 41.7% fewer new units on a year-over-year basis last month, contributing to a nearly 4% overall decline offset by increased sales for Hyundai, Toyota and Honda. +
Fullpath reports total traffic to dealer websites from AI platforms increased by more than 15 times on a year-over-year basis in January, reflecting a rare combination of trends. +
Reynolds and Reynolds has partnered with Intermedia to add real-time phone call activity to its proprietary unified data layer, enhancing a number of AI-powered tools. +
CarEdge’s newly launched Car Dealer Transparency Index was designed to use verified out-the-door quotes to rate dealerships based on the accuracy of advertised prices with no “pay to play” option. +
