A judge has ordered Abigail Kampmann to pay $20 million to Mark Smith, her soon-to-be former partner in the five-dealership, San Antonio-based Principle Auto group. +
Overfuel’s new Search Engine Intelligence platform was designed to give auto dealers detailed insights into how AI-savvy car buyers encounter and engage with their stores. +
Trinity Antonetty faces up to 30 years in federal prison on a single fraud count after prosecutors say she claimed to be a highline dealer in an attempt to explain a flagged check. +
Toma IQ was designed to allow AI agents in use at dealerships to continuously learn and evolve by listening in on phone conversations between customers and human workers. +
The Federal Reserve has decided to keep its target lending rate at 3.5% to 3.75% in an 11-1 vote held amid persistent inflation and new geopolitical concerns. +
A Pennsylvania judge has ordered Hyundai to pay Knight Motors $9,784,075 in storage fees after refusing to repair 163 Sonatas subject to an engine recall. +
Tekion and Numa have teamed up to help dealers schedule more service appointments by connecting Numa’s AI Appointment Agent with Tekion’s Automotive Partner Cloud. +
AutoRaptor’s AI-powered CRM now features Payment Penciling and Shop-by-Payment, a two-pronged integrated desking experience with a “powerful” new quoting and deal structuring module. +
MINI leads all mass market brands and Porsche remains the overall leader in dealership service customer satisfaction in JD Power’s latest report, which finds room for improvement in several key metrics. +
A “concerned” FTC director is warning U.S. dealerships and dealer groups that their advertised prices may fail to account for fees, down payments, discounts and financing. +
