Hyundai Motor America reported September sales of 51,951 units, a 9 percent decrease in comparison with September 2018. Following two straight months of double-digit sales growth in July and August,…
Economists raised caution signals even as retail used sales increased and employment remains strong. A presentation of the Cox Automotive Q3 Auto Sales report in a conference call Sept. 26…
KAR Auction Services Inc. has rebranded and will begin doing business as “KAR Global.” The move comes after several years of rapid geographic expansion across North America and Europe, as…
Letgo announced the addition of 12 auto inventory, marketing and live chat partners to its letgo PRO platform. New integrations with V12, AutoSweet, TapClassifieds, DealerCenter, Dealer Car Search, Goxee Dealer…
CarMax, Inc. reported increased sales and net income for the second quarter ended Aug. 31. During the quarter, net sales and operating revenues increased 9.1 percent, to $5.20 billion; used…
AuctionTime.com sold more than $18 million (gross auction proceeds) in construction equipment, agricultural equipment, trucks, and trailers during a two-day online sale in September. More than 6,400 bidders from 48…
New-vehicle retail sales in September are expected to fall from a year ago, according to a forecast developed jointly by J.D. Power and LMC Automotive. Retail sales are projected to…
In the wake of Hurricane Dorian and Tropical Storm Imelda thousands of damaged and flooded vehicles are emerging, presenting the potential for fraudsters to prey on used-car buyers and dealers.…
Hunter Malone, owner of DealerMax, announced the sale of his firm’s assets to Jim Maxim Jr. and Jim Maxim Sr. Profit By Design, the Maxim family enterprise out of Wayne,…