Mark Hollmer

Dealerships are moving swiftly to adopt AI tools across operations, including service scheduling and answering calls.

Once a curiosity, TikTok has evolved into a mainstream tool for dealerships — helping them reach Gen Z buyers, scale inventory advertising and fill hard-to-hire service roles.

FTC rules on advertising apply to TikTok and social media posts — and dealership employees don't always know it. Here's what to do to stay compliant.

Dominion DMS will stop supporting its Vue dealership management system by Dec. 31, the company told dealership customers.

U.S. private equity firm Ridgeview has made a non-binding £545 million ($724.4 million) cash offer for Pinewood.AI, the U.K. dealership management system provider expanding in North America. Pinewood's board recommends shareholders support the deal ahead of an Aug. 21 deadline.

Carvana is expected to report strong second-quarter results July 29, but higher reconditioning costs and lost tariff credits weigh on projections.

Carvana's CEO said new car sales are profitable for the comapny, without offering further details. His comments came after the company reported robust net income and revenue gains for the second quarter.

The six largest publicly traded U.S. auto retailers reported a tight supply of affordable inventory in the second quarter — even as they pursued off-lease volume and new sourcing strategies to close the gap.

U.S. private equity firm Ridgeview Partners agreed to acquire dealership management system provider Pinewood.AI to fund technology investment and accelerate North American expansion.