Carmax recently reported 3Q results showing total used vehicle unit sales increased 1.0 percent while comparable store used-unit sales decreased 0.8 percent. This compares with increases of 11.0 percent and…
NextCar Holding Company Inc. (NXCR), a fintech and insurtech vehicle subscription platform, and Westlake Financial have signed a letter of intent to secure a NXCR $400 million debt facility, and…
IAA Inc., a global digital marketplace connecting vehicle buyers and sellers, announces increased capacity of its IAA High Desert branch located in Hesperia, Calif., and the overall Boston market. This…
A lawsuit continues in California that may change how dial gear shifters are installed in vehicles across the country. Shadi Farhat, 41, of Los Angeles, Calif., was pulled underneath her…
Sonic Automotive Inc., a Fortune 500 Company and one of the nation’s largest automotive retailers, announced the opening of its newest EchoPark specialty pre-owned vehicle store in the Atlanta market.…
Michelin North America Inc. has announced price increases up to 5 percent on select Michelin and BFGoodrich passenger and light truck tires as well as on select commercial offers to…
DealerSockethttps, a SaaS provider to the automotive industry, announced the appointment of Byron McDuffee as chief operating officer (COO). The 22-year automotive industry veteran will oversee DealerSocket’s operations, customer success…
NACTOY jury voting for the 2021 North American Car, Truck and Utility Vehicle of the Year Finalists is in and has been tallied and audited by Deloitte in Detroit. The…
ACV Auctions, an online automotive marketplace for dealers and commercial partners, announced the launch of Marketplace 2.0, the digital redesign of its ACV Auctions buying experience. This launch represents ACV's…