In October 2023, the Federal Trade Commission (FTC) implemented an amendment to the Safeguards Rule. This latest development adds a layer of responsibility for dealerships to safeguard sensitive customer information, particularly when it comes to doc

Dealers in the U.S. are entering the second quarter of 2024 with an inventory that has increased over 50 percent from last year. According to Cox Automotive, dealers nationwide opened in March with 2.74 million new vehicles on hand— 942,000 units,

According to a joint forecast from J.D. Power and GlobalData released March 21, total new-vehicle sales for March 2024 are projected to reach 1,525,700 units, a 12.1 percent increase from March 2023 The seasonally adjusted annualized rate (SAAR) for

In the ever-evolving landscape of financial markets, the auto securitization sector stands at the intersection of technological innovation and traditional finance. One of the pivotal advancements shaping this industry is the integration of digital co

We are witnessing a transformative era similar to what we felt when the internet emerged, and how we shop changed forever. Artificial Intelligence (AI) promises to unlock the true potential of the massive amounts of data that the automotive aftermark

For auto dealers with electric vehicles sitting on their lots—which is nearly everybody— 2024 will be another year of confusion. On average, auto dealers are sitting on nearly 120 days of electric vehicle (EV) inventory which is about double the

In the dynamic and competitive world of automotive dealerships, mastering the art of financial management is not just a necessity; it’s a critical factor for success and sustainability. The dealership landscape is marked by intricate financial

This story was first published by RFIDJournal.com. Global tire company Goodyear is partnering with electronics provider TDK Corporation to test connected tire sensors to make it safer for the driver. The sensors, using TDK’s Piezoelectric material

This story first appeared in RFIDJournal.com NXP has released a new version of its radar automotive products at the 2024 CES, aiming to enable a new generation of software-defined vehicles that can receive updated features as they come available as w