News

F&I•by Staff•November 8, 2022

Vroom Cuts Losses in Q3

Vehicle retailer trims costs, increases profit per vehicle.

Auto Finance•by Staff•November 7, 2022

Dealer Image Pro/Rapid Recon Integration Improves Time to Market for Dealer Reconditioned Cars

Dealers can now get reconditioned vehicles front line-ready faster and boost sales.

Auto Finance•by Staff•November 7, 2022

Fewer Dealers Look to Buy, See Profits Rising While More See Their Value Falling

Most survey respondents predict their profits will be flat or rise, though fewer expect an increase.

Digital•by Staff•November 7, 2022

South Korea Seeks Grace Period to New EV Credit Rules

South Korea wants a three-year grace period on the U.S. Inflation Act to enable Korean automakers to keep receiving U.S. electric vehicle (EV) incentives.

Digital•by Staff•November 7, 2022

Japan Warns EV Tax Credit Changes Will Slash EV Auto Pool

New U.S. EV tax credit changes are coming under fire as Japan's government warns these credits could thwart further EV investment.

F&I•by Staff•November 4, 2022

Car Buying Gets Easier as Dealer Inventory Rises

CDK Global’s monthly purchase scorecard highlights October consumer buying trends

Digital•by Staff•November 4, 2022

EpicVIN Improves Trade-Ins With Dealer Tools

Program helps connect car buyers with dealer inventory and mobile vehicle history reports.

Showroom•by Staff•November 4, 2022

Volvo Car AB Reports Sales Rose in October

Volvo Car AB of Sweden reported sales grew 7% year-over-year in October.

F&I•by Staff•November 4, 2022

Another Interest Rate Hike Looms Large

Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.

Auto Finance•by Staff•November 4, 2022

Subaru CEO Gives Optimistic Sales Outlook

Demand for new vehicles in the United States remains strong despite rising interest and loan rates, reported CEO Tomomi Nakamura.

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