AI powers pricing: Cox Automotive integrates AI into its dealer platforms to deliver real-time, market-based pricing and inventory optimization. Margin protection focus: The tools aim to help dealers ...

In recent years, dealers enjoyed record-high gross margins on new and pre-owned car sales. However, with inventories returning to pre-COVID levels, dealers are facing a marketplace with increasingly ...

As the automotive dealership industry has long relied on human intuition and historical sales data to guide inventory management decisions, dealers continue to face a constant balancing act: having ...

Why it matters: Digital wholesale solutions help dealers stay agile, reduce costs, and increase profitability in a rapidly changing automotive market. What’s new: Platforms like OPENLANE offer ...

BUFFALO, N.Y., Jan. 11, 2024 (GLOBE NEWSWIRE) -- ACV (Nasdaq: ACVA), the leading digital automotive marketplace and data services partner for dealers and commercial clients, will be taking center ...

Leading distributor of agricultural and construction machinery equipment selects Syncron Retail Inventory for optimized dealer inventory management that aligns aftermarket strategies with dealer ...

NEW YORK--(BUSINESS WIRE)--AutoManager Acquisition, Inc. (“AutoManager”), a provider of dealer management software (“DMS”) to the auto dealership industry is pleased to announce that it has acquired ...

This spring, American Eagle Outfitters announced a $75 million inventory write-down and withdrew its fiscal guidance for 2025, citing macroeconomic uncertainty and operational challenges. The retail ...

In machine shops, the “parts” — i.e., the raw materials, MRO supplies and equipment, works-in-progress, and the finished goods — are vital role in the success of the business. Without effective ...