Top stories
GM, Ford face profit declines amid EV challenges and cyberattack disruptions. Read More
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Featured Interview
Ben Keating reveals recovery and resilience post-hurricane and CDK outage Earlier this month, Hurricane Beryl made its way to the city of Houston and surrounding areas causing death, damage, and left many residents without power. Among those impacted were local car dealerships. Ben Keating, owner and president of Keating Auto Group, which has 11 dealerships in the affected area, is joining us on the latest episode of Inside Automotive with an update on post-hurricane operations. Watch the full segment here.
How automotiveMastermind is revolutionizing dealership profits with advanced data and AI – Matt Leone
Dealers may not realize just how much data is coming into their dealership. Since 2012, automotiveMastermind has been the automotive industry’s trusted data and technology provider, and in today’s episode of Driving Solutions, we’re learning how they’re helping dealers drive more profit. Joining us is Matt Leone, the CEO of automotiveMastermind. Watch the full segment here.
For Dealers
Auto repossessions surge amid economic strain: A looming crisis for dealerships
In the wake of mounting inflation and soaring interest rates, millions of Americans face a harsh reality—the inability to sustain exorbitant monthly vehicle payments. A recent report from Bloomberg reveals a staggering 23% surge in auto repossessions during the first half of this year, surpassing pre-COVID levels by a troubling 14%. This uptick signals a looming crisis threatening to ripple through the automotive market, impacting consumers and dealerships. Read More
