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. +
Wolters Kluwer’s latest Auto Finance Digital Transformation index finds U.S. econtracting volume declined by 1.5% from Q1 2025 but “significantly” outpaced new vehicle sales. +
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. +
Attorneys representing Tesla in North Dakota, where the EV manufacturer hopes to sell vehicles directly to consumers, have asked a state court to declare it is not, in fact, a manufacturer. +
Cox Automotive and Moody’s Analytics report higher incomes, steady interest rates and increased incentives offset a near-$50,000 average transaction price in March. +
Optimism is down and pessimism is up among U.S. franchised dealers — as well as manufacturers and suppliers — in Automotive News’s latest quarterly Auto Industry Confidence Index. +
Why chase new service business when existing customers need help now? BizzyCar’s Ryan Maher shares a five-step plan to improve retention without adding a dime to your ad budget. +
Plans to accept nominations for future F&I Hall of Fame members are already underway following the induction of the Class of 2026 at this week’s Agent Summit. +
