ADESA has launched new condition report capabilities that include high-definition vehicle undercarriage photos on all ADESA condition reports. The launch of this enhanced imagery is aimed at providing buyers with…
Rawls Auto Auction, recognized as the nationโ€™s first auto auction by the National Auto Auction Association, has won multiple 2020 performance awards from Consumer Portfolio Services, GM Financial, and Westlake…
Poulin Auto Sales of Barre has reached a settlement regarding complaints filed with the Consumer Assistance Program. Poulin is accused of a deceptive direct mail advertisement. As part of the…
Hyundai Motor Group, which includes Hyundai Motor and Kia Corp., will invest $7.4 billion in the U.S. by 2025 to produce EVs, enhance production facilities and further its investments in…
The Consumer Price Index for All Urban Consumers increased 0.8% in April on a seasonally adjusted basis after rising 0.6% in March, the U.S. Bureau of Labor Statistics reported on…
The BMW 2 Series led the field in iSeeCarsโ€™ top 20 fastest-selling used vehicle list. The average used vehicle takes 39.4 days to sell, and the top 20 fastest-selling vehicles…
Following the completion of its court-approved Chapter 11 auction, Hertz has approved a revised proposal from certain funds and accounts managed by Knighthead Capital Management LLC, Certares Opportunities LLC, and…
Penske Automotive Group announced that its Board of Directors has increased the companyโ€™s dividend by 2.3% to $0.44 per share. The dividend is payable June 2, to shareholders of record…
This past week marked 15 consecutive weeks with the overall market increasing. Nine of those 15 consecutive weeks had increases of at least 1%. With the global microchip shortage and…