ProMax Complete now features ProMax BDC AI, a new agent designed to engage and converse internet, text and phone leads around the clock. +
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. +
Caribou analysts say most Americans know their monthly car payment but few know whether they are protected by a factory warranty, service contract or GAP. +
The Dealertrack Credit Availability Index climbed to 107.1 in September as all six components — including subprime share — contributed to the gain. +
Tim Michael and his family-owned group plan to carry forward Larry Cloninger’s "Just Better" mantra as the new owners of his Ford, Honda and Toyota dealerships. +
NEXUS was designed to coordinate a dealership’s connected AI agents across sales, service, customer follow-up and internal communications. +
Cox’s acquisition of Fullpath promised dealers the ability to deliver highly personalized shopping experiences. A new CRM integration is a key step. +
inride announced the launch of Trade Agent Acquire and the initiation of beta testing on new agents built to seek trades from F&I and service customers. +
Greenway Auto Group avoids restitution and admission of wrongdoing in its settlement with the FTC but could face steep fines for future offenses. +
CDK analysts say the popularity of AI among dealership workers and cybercriminals has created a significant gap between usage and governance. +
