The dealer should understand each red-flag alert on a consumer-vetting report and address it appropriately.Pexels/Dave Garcia Statistics show that the Federal Trade Commission received more than 1.1 million complaints of identity theft in 2024, a 9.5% increase over 2023. The FTC is the governing body that oversees the Red Flags Rule. The rule states that a…

Average used car prices are up 1% this month to $18,234, though they’re down year-over-year by the same rate, Carfax reported. Pexels/Richard Taveira Used-vehicle prices are on the rise as supply remains constrained, pickup truck prices surging the most this month. A Carfax report shows the average used truck price has spiked almost $1,100 in…

Vehicle design can increase fatality risk in various ways, including higher front ends in higher-speed crashes and those with blunt front ends, IIHS has found. Pexels/Sarmad Mughal A new vehicle safety analysis method shows that some top-selling vehicles’ blind spots have expanded significantly over the past quarter-century. The Insurance Institute for Highway Safety compared the…

Learn why top-performing F&I agents focus on strategy over quick wins. Get insights to refine your approach and drive real results in our latest white paper — It’s a Marathon, Not a Sprint: A Fresh Take on F&I Prospecting. You will learn:  Why strategic prospecting helps set the stage for next-level sales performance How to…

More than half of Hyundai’s some 900 U.S. dealerships have finished upgrades, the automaker says. Hyundai said many of its U.S. dealerships are completing major store renovations in what it describes as an effort to improve customers’ shopping experience. The South Korean automaker said more than half of the dealers, or over 450, have voluntarily…

With digital deal jackets, dealerships can centralize all critical documents related to a car deal without the need for physical storage.  Pexels/Kindel Media Today’s leading auto retailers widely recognize the significance of digital deal jackets in their operations. The comprehensive electronic records have transformed legacy dealership processes, covering all aspects of vehicle sales. However, just…

The top three companies that exceeded each category’s average score were awarded first-place Diamond, second-place Platinum, and third-place Gold honors. The publishers of Bobit’s Dealer Group, home to Auto Dealer Today, Agent Entrepreneur, F&I and Showroom, and Providers & Administrators magazines have announced the winners of the 2025 Dealers’ Choice Awards. Now in its 21st year, the…

The material was developed by a Swiss company that BMW owns a stake in. BMW says it’s developed a renewable vehicle material derived from flax in efforts to make its production more sustainable. The fiber, created in collaboration with Swiss clean-technology company Bcomp, has been under development for several years, said BMW, which owns a…

The recall affects 2021 to 2025 Mach-Es. Ford recalled nearly 200,000 Mustang Mach-Es due to risk of back-seat occupants being locked inside when the vehicle battery charge has dropped to a low level. The recall affects 2021 to 2025 Mach-Es. When the driver or front-seat passenger gets out of the electric SUV and shuts the…