Rivian steps up hands-free driving push with expanded AI strategy
The EV maker is rolling out its first autonomy packages to customers next year, while it’s set to ship a new, custom silicon processor with its upcoming R2 models. (3 min. read)
TransUnion sees auto loan delinquencies leveling at 1.54% by end of 2026
Lenders are keeping the credit game alive by stretching payments instead of shutting borrowers out, and dealers will likely indirectly pay for it over time. (2 min. read)
Wholesale used car prices edge higher in November as depreciation levels out
The luxury and EV segments saw the largest price increases during the month, while heightened sales conversion indicated a slight strengthening of overall demand. (4 min. read)
Toma CEO Monik Pamecha explains why more car dealers are going ‘all-in’ on AI
“We built the product thinking that it's for people who don't want to have anything to do with AI,” Pamecha said. “It turns out there is this class of employees we're seeing within the dealership who are really savvy.” (4 min. read)
Capital One's Sanjiv Yajnik: Dealers who open financing talks early win long-term customers
Encouraging customers to utilize digital tools to learn more about their financing options can play an important role in building customer confidence. (3 min. read)
Credit card fees are gaining traction in auto retail, but missteps can trigger penalties
Dealer Pay CEO Julie Douglas joined the Daily Dealer Live show to discuss the complexities of managing compliance concerns with credit card fees. (4 min. read)
Q2 dealership profits rebounded for the first time in years — report
Vehicle demand surged in Q2, while fixed operations remained strong and the dust from tariff announcement had (mostly) started to settle. (2 min. read)
This aggressive used car inventory strategy helps dealers stay profitable, says David Spisak
CarMax last year wholesaled nearly 600,000 vehicles because their data showed they wouldn’t offer a profitable outcome within 30 days, explained Spisak. (3 min. read)
How one Texas dealer is handling the new metal license plate mandate
“We might be a little bit ahead of the game of some people, but, yeah, we've put a process together for just about any hiccup that we've run into so far,” says Justin Villa, GM of Clay Cooley Ford in Texas. (3 min. read)
Tesla robotaxis might mean fewer service customers for everyone else, says EV Auto’s Alex Lawrence
Tesla’s robotaxi program could steal market share from dealership service centers down the road, though it could provide additional revenue streams if dealers are strategic. (3 min. read)