The first 15 days of October saw a 1.6% drop in wholesale used car prices from September. The midmonth Manheim Used Vehicle Value Index fell to 211.0, representing a 3.3%...
AutoNation on Tuesday rescinded its offer to purchase U.K.-based automotive retailer Pendragon, roughly three weeks after joining a bidding war composed of America's largest dealership groups.
In late September, AutoNation submitted...
The National Automobile Dealers Association (NADA) has elected Tom Castriota as its next vice chairman, indicating that he will likely be the organization's chairman in 2025, according to Automotive News.
At...
As with most sectors, the automotive industry must continue to come up with creative solutions and groundbreaking innovations to keep consumers happy. Professionals in the automotive retail industry have to...
On any given day in your dealership, a mechanic will grapple with diagnosing a perplexing issue in a customer’s vehicle. A tool that swiftly and accurately solves the mystery would...
Car buyers enjoyed a more affordable new vehicle market in September in spite of rising interest rates and economic headwinds.
According to Cox Automotive's monthly report, measures of affordability improved both...
The Alliance for Automotive Innovation, a lobby group representing major U.S. automakers, including the Detroit-Three, has submitted a new challenge to the National Highway Traffic Safety Administration's recommended fuel-efficiency standards.
If...
Cars.com today announced that its various commercial brands will come together under the new enterprise brand name, Cars Commerce. This change aims to enhance its platform strategy and better connect...
On October 17, a U.S. auto regulator confirmed that Tesla would recall 54,676 Model X vehicles manufactured between 2021 and 2023 because the car controller failed to detect low braking...
This October, Longo Toyota, the largest Toyota dealership in the world, will auction off a limited edition 2023 Toyota GR Corolla MORIZO, with the proceeds benefitting Vision To Learn and...