As we set our sights on 2025, the automotive industry is set to navigate significant shifts, with Cox Automotive highlighting five transformative trends poised to shape the market. First, new vehicle sales are forecasted to…

The automotive sector is evolving, with dealers turning to technology-driven acquisition strategies to tackle inventory challenges and stay competitive. Tools like AI and predictive analytics are revolutionizing inventory management and supply chains, enabling smarter, data-driven…

 📈 Key Trends from Q3 2024: What It Means for Administrators and Agencies:As the market evolves, F&I administrators and agencies must continue to differentiate themselves through product innovation, operational efficiency, and alignment with dealership priorities….

The auto finance market is at a critical juncture, with affordability concerns, negative equity, and rising delinquencies reshaping consumer and lender dynamics. For business owners in the auto finance and dealership sectors, understanding these shifts…

Several leading U.S. equipment manufacturers are experiencing rising warranty costs, but are reducing warranty accruals on their financials (less set aside for future claims). However, companies like Paccar report growth in amortized revenue from extended…