The latest Presidio-NCM benchmark report finds average F&I income is within $3 of gross profit per new vehicle retailed, which declined for the fifth straight quarter. +
Automotive News reports U.S. new vehicle sales improved for the second straight month, building on momentum gained in September and fueled by hybrids and EVs. +
Ignited Services has partnered with FlexPath DXP to create a new tool that sends car shoppers to personalized, affordability-focused landing pages. +
Experts say a near-$4,000 gap between first and last list price proves dealers should treat unsold new vehicles less like products and more like investments. +
Chris Hudson says he designed Mark Miller Subaru’s new AI agent to help shoppers browse vehicles and get information without being pressured to purchase. +
Most dealers wait until a vehicle is 45 days old to act. LotLinx’s Len Short believes the real warning sign arrives much earlier — when shopper attention drops off. +
A new DriveCentric platform was designed to help multistore dealers create a shared data foundation built to support new AI and engagement capabilities. +
Penske Automotive Group has entered into a definitive merger agreement to be taken private by its two largest shareholders, Penske Corp. and Mitsui & Co., which will own 64% and 36% of the company, respectively. +
CDK analysts say the popularity of AI among dealership workers and cybercriminals has created a significant gap between usage and governance. +
Toyota is among the stars of JD Power’s latest brand loyalty study, which gives four out of the five highest-ranking marques a retention rate in the 60% range. +
