REDWOOD CITY, CALIF., and SEOUL, Korea – May 7, 2025 – Hyundai Motor Group is deploying its dedicated private cloud platform, HCloud, within Equinix data centers globally to enhance customer...
Ford has increased prices on three of its Mexico-manufactured vehicles effective May 2, becoming one of the first major automakers to adjust sticker prices following U.S. President Trump’s new auto...
The Federal Reserve left interest rates unchanged Wednesday after its third meeting of 2025. This marks the third consecutive month the Fed has held rates steady, and they did not...
Carvana reported record-breaking first-quarter results on Wednesday, surpassing Wall Street estimates as consumer demand surged in anticipation of potential vehicle price hikes tied to auto tariffs.
The online used car retailer...
Wholesale used-vehicle prices jumped in April, fueled by stronger-than-usual seasonal demand and growing concerns over new tariffs. According to the latest Manheim Used Vehicle Value Index (MUVVI), prices rose 2.7%...
The German automaker, BMW, said Wednesday that it expects some U.S. auto tariffs to decline starting in July, noting discussions with American policymakers and signaling confidence in its 2025 financial...
In an aggressive push to revive lagging U.S. sales, Nissan is launching a new dealer incentive program called Nissan One, effective June 3. The initiative overhauls the automaker’s approach to...
Volvo Cars said it will cut approximately 125 jobs, or 5% of the workforce, at its Charleston, South Carolina factory as the company adjusts to shifting market conditions and evolving...
Waymo, Alphabet's autonomous vehicle division, has revealed rare details about its fleet as it plans a significant expansion. The company announced it will add 2,000 robotaxis to its current fleet...
DETROIT, May 06, 2025 -- Lotlinx, the auto industry’s leading VIN-specific data company for dealership inventory management, announced today the appointment of Kerri Wise as Chief Marketing Officer. With over 25...