Pocket20’s new dealer- and agent-facing platform was designed to convert monthly financial statements into detailed, high-impact action items. +
Prosecutors say Andrea Nicole Doherty used the restoration and resale business she inherited from her father to defraud customers and collectors. +
New JD Power data shows growing numbers of premium compact car, compact SUV and midsize SUV owners are joining a “measurable” downmarket migration. +
Levels Dealer OS’s partnership with Keys Inc. will allow dealers to identify the correct key or fob for any vehicle in their system and connect with a locksmith. +
Subaru announced plans to form a new captive finance company that will offer loans, leases and floorplan financing to U.S. and Canadian dealers. The factory will extend partnerships with Chase and Toyota to facilitate the transition. +
Shine & Drive has partnered with LodeStar RE to add an industry-first contractual liability policy to its agent- and dealer-facing car wash program. +
George King adds Fortune 500 leadership and global investment banking experience to Lotlinx’s executive team as the inventory performance intelligence company expands its AI capabilities. +
Edmunds reports nearly 69% of trade-ins come with an average of more than $13,000 in positive equity despite easing inventory constraints. +
Atlanta will become Group 1 Automotive’s second-largest market with the billion-dollar purchase of Hennessy’s Automobile Companies’ 10 dealerships. +
Three Federal Reserve governors voted to lower interest rates despite persistently elevated inflation in Kevin Warsh’s second meeting as chairman. +
