The latest annual Blue Sky Report from Kerrigan Advisors finds U.S. dealers bought and sold 458 franchises in 2025, beating the previous record of 438 set a year earlier. +
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. +
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 new framework for TrueCar’s dealer program was built to promote pricing transparency, accountability, accuracy and fair competition while protecting front-end gross. +
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. +
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. +
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. +
CarMax has agreed to pay $420,000 in damages and a civil penalty of $79,380 after repossessing vehicles owned by at least 28 U.S. servicemembers without court orders. +
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. +
