The National Highway Traffic Safety administration announced it will open twin probes into thousands of complaints of noncrash fires in Hyundai and Kia vehicles sold in the U.S.
The U.S. new-vehicle sales forecast improved to 17.42 million units in March, but sales fell 3.1% year-over-year against slowing demand fueled by higher interest rates, prices, and payments and reduced incentive spending.
Dealer lighting provider LSI Industries has hired business development expert and startup veteran Steven Moeglin to lead its commercial sales team.
An ‘insights-driven’ upgrade to vAuto’s Conquest platform was designed to drive new efficiencies in the dealer-to-dealer new-unit trading process.
Porsche’s new Cayenne variant is a four-door coupe that adds horsepower to a growing midsize luxury CUV segment, reaching a top speed of 178 miles per hour with a zero-to-60 time of 3.7 seconds.
NextGear Capital announced that founder and floorplan financing innovator John Fuller has died at the age of 75.
The National Automobile Dealers Association wants U.S. dealers to participate in its 2019 Dealership Workforce Study, offering complimentary custom reports to respondents based on the survey’s findings.
Accelerate turn and maximize gross profit by stocking smarter, identifying your fastest-moving units, and testing new digital tools designed to drive efficiency throughout your used-car operation.
Bloomberg reports executives and lobbyists representing dealers, manufacturers, and various suppliers are converging on Washington to voice their opposition to new levies on imported vehicles and parts.
Wells Fargo President and CEO Tim Sloan will retire effective June 30, ending an era marked by a series of scandals that rocked the company’s auto, home, and consumer banking divisions.
The latest forecast from Cox Automotive puts March new-vehicle sales at 1.547 million, a nearly 7% year-over-year decline, but raises the SAAR from 16.5 million to 16.8 million.
Is the world ready for Renault Nissan Fiat Chrysler? Sources tell the Financial Times FCA could finally have a buyer once Renault and Nissan’s houses are in order, creating a new global automotive manufacturing powerhouse.
Maritz and Northwood University announced a program designed to develop the next generation of automotive industry leaders through student internships, guest lectures, and a new scholarship.
The Supreme Court of Texas has reversed a lower court decision in favor of a Mercedes-Benz dealer who claimed the factory tricked him into purchasing a dealership and won a multimillion-dollar award that was upheld on appeal.
Acquisitions helped #1 Cochran Automotive and Morgan Auto improve their positions in Automotive News’ most recent list of the nation’s biggest auto retailers, but the top 10 remain entrenched.
Kelley Blue Book editors rank and comment on the 10 Best Back-to-School Cars for 2019, all starting at around $20,000 or less and still available on new-car lots.
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