Author: David Muller

Growth was largely attributable to a strong quarter for the company’s North America retail business, which got a boost from the acquisiton of ELEAD1ONE.

Despite a generally healthy U.S. economy, analysts continue to point toward rising prices and interest rates as a challenge for new vehicle sales in 2019.

The DMS giant said it is improving its customer service and will simplify its billing.

The used-car market is fragmented but also elastic; it can be stretched larger, Carvana CEO Ernie Garcia says.

Analysts predict a lackluster automotive market in 2019 amid uncertainties such as rising interest rates and federal tariffs in addition to record-high vehicle prices.

Analysts predict a lackluster automotive market in 2019 amid uncertainties such as rising interest rates and federal tariffs in addition to record-high vehicle prices.

A judge’s ruling that Ford Motor Credit can reclaim vehicles worth up to $90 million from bankrupt Texas dealership group Reagor Dykes likely will torpedo the retailer’s latest attempts to restructure.

The review comes amid pressure from an activist investor that has called for a leadership change or sale of the new and used-vehicle shopping site if there is not a marked improvement in results.

Vehicle prices and monthly payments are hitting all-time highs, making the NADA chief wonder whether it’s time for a new Henry Ford.

A Manheim auction site in Atlanta has been revamped as the flagship hub for present-day fleet servicing and forward-looking mobility solutions.