F&I data: More people were late on auto payments in Q1 2024
The percentage of motorists at least 30 days late on their auto payments rose year over year during the first quarter of 2024, as did the proportion at least 90 days delinquent, according to the Federal Reserve Bank of New York's Center for Microeconomic Data....
Allison Parliament, creator of Jeep ‘ducking’ movement, dies
The idea of leaving rubber ducks on Jeeps started with Allison Parliament's desire to compliment a fellow Wrangler owner, and it spread on social media during the pandemic....
World’s biggest suppliers are rethinking where, how to make parts
Revenue at the world's largest suppliers largely grew in 2023 from a year earlier as the supply chain chaos of the post-COVID global economy began to subside....
Hyundai, Amazon amp up pilot, ready launch
Hyundai Motor America is opening its program to its whole dealer body ahead of its late-2024 launch, but stipulates that Amazon lacks capacity to onboard everyone right away....
Massive Car Dealer Cyber Attack Cripples ‘Every Angle’ of Business
Nearly 15,000 dealers are still shut down. It's a nightmare, they say....
Why 3 Hyundai dealer agreement addendums could make business trickier for its retailers
The three franchise agreement addendums Hyundai wants its retailers to sign will not be legal in some states, and the changes don't take into account where today's industry stands, a dealer attorney says....
Top 5 stories of the week: CDK cyberattack; Fisker bankruptcy
A quick look at the top automotive stories of the week as determined by reader interest....
Welcome to the drought: Off-lease vehicle pool is about to dry up
Lease turn-ins are a valuable tool for dealers and automakers to control inventory levels. But the 2021 leasing collapse is about to shrink the pool sharply....
Despite chicken tax, Quartermaster pickup is worth importing for Ineos
Ineos Automotive's second model in the U.S. is the Grenadier Quartermaster pickup. It won't be cheap....
Editorial: Automakers, dealers must align for EV success
The industry is changing faster than ever. Automakers need to react, but they must take dealers with them....