Dealer News

Convenient Brands has acquired Dealer Pay LLC of St. Louis, Mo., and provided a strategic growth investment. Dealer Pay offers modern payments and point-of-sale software solutions for the dealership industries.…
Volkswagen Group of America is recalling certain 2021 Golf GTI, Jetta GLI, Jetta NF, Arteon FL, Tiguan LWB, 2022 Taos, Jetta PA, Tiguan PA, 2021-2022 Atlas Cross Sport, and Atlas…
Wholesale used vehicle prices in June were down from their spring/tax-refund seasonal peaks, but they remain near their historical highs, according to KAR Global Chief Economist Tom Kontos. Tight supplies…
Black Book, a division of Hearst that provides used vehicle valuations and residual value forecast solutions, released its Used Vehicle Retention Index for July 2022. The Index decreased to 189.4…
New-vehicle retail sales for July 2022 are expected to decline when compared with July 2021, according to a joint forecast from J.D. Power and LMC Automotive. Retail sales of new…
The Pennsylvania Attorney General has taken legal action against two used car companies for violating consumer protection law — Carspot in Philadelphia, and JK Motor Cars in Pittsburgh. “In Pennsylvania,…
New York City announced a settlement with Brooklyn Mitsubishi and Brooklyn Volkswagen that will deliver $304,900 to New Yorkers wronged by the companies’ deceptive practices when selling used cars. The…
Consumer sentiment declined by 14% from May, continuing a downward trend over the last year and reaching its lowest recorded value, comparable to the trough reached in the middle of…
For shoppers in the market for a used 4x4, Kelley Blue Book’s editors recommend the following trucks: 2016 – 2020 Toyota Tacoma TRD 2015 – 2020 Nissan Frontier Pro-4X 2015…
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