Agentic AI advertising solutions provider Synter has announced a series of platform enhancements designed to close the “execution gap” in automotive advertising. +
Lotlinx’s Q1 2026 Vincensus Report finds new vehicle sales are down and inventories are up — along with prices, which climbed by 2% year-over-year and 3% from the prior quarter. +
The Federal Reserve board of governors voted 8-4 in favor of holding its target lending rate at 3.5% to 3.75%, where it has stood since December, in what was likely its last meeting led by chairman Jerome Powell. +
Cars.com’s new VIN-level, AI-generated video ads are the first to be powered by demand signals from in-market car buyers and appear to be driving results for early adopters. +
Autoblog’s Leroy Marion reports on the “full replica” of a Georgia Lexus dealer’s online presence that convinced a would-be customer to pay $77,300 for a nonexistent vehicle. +
Ford’s Dealer Technology division has added myKaarma as a preferred partner, giving service departments a factory-endorsed suite of AI-based video inspection tools. +
Big-ticket acquisitions helped Penske Automotive Group move ahead of former No. 2 AutoNation in Automotive News’s rankings of America’s biggest new car retailers. +
Multiple sources report Carvana has acquired Avon Lake (Ohio) Chrysler Dodge Jeep Ram from Elliot Schor and Scott Zuckerman, who owned the suburban Cleveland dealership for less than a year. +
Agents in attendance at last week’s Agent Summit witnessed the reveal of Nation Safe Drivers’ OnRamp product lineup and NSD360, a new agent- and dealer-facing learning management system. +
Vehicle Management Systems has launched Virtual Fleet Manager, a fleet- and dealer-facing AI-first platform designed to provide an intelligent operating layer for connected vehicles and fleets. +
