Unique market conditions due to the coronavirus (COVID-19) pandemic could be driving more consumers out of the new market and into used vehicles, according to the car shopping experts at…
Subaru of America, Inc. reported 53,911 vehicle sales for June 2020, a 12 percent decrease compared with record June 2019. These results reflect the impact of the COVID-19 global pandemic…
Asbury Automotive Group, Inc. entered into a definitive agreement to acquire certain assets of Park Place Dealerships, one of the country’s largest and most prominent luxury dealer groups for $685…
Auction Academy has launched a virtual classroom for the remainder of 2020 for its current Class 6 Group, reports Auction Academy President Penny Wanna. The group’s previously-scheduled quarterly meetings for…
Actor, producer and businessman Mark Wahlberg is growing his automotive dealership footprint with the acquisition of two more Columbus dealerships with his business partner, veteran automotive dealer Jay Feldman. The…
Manheim began adding 12 sites to its list of in-lane bidding pilot sites starting July 6. Digital Block sales offer in-lane bidding at Manheim physical auctions with a live auctioneer…
Ford Motor Co. sold a total of 433,869 in Q2, a 33 percent year-over-year from 2019, though retail sales were only 14.3 percent off year-over-year. Shutdowns and shelter-in-place restrictions had…
The Federal Trade Commission released the final agenda for a July 13, 2020 virtual workshop that will seek input on proposed changes to the Gramm-Leach-Bliley Act‘s Safeguards Rule, which requires…
The U.S. Equal Employment Opportunity Commission (EEOC) charged in a lawsuit on June 24 that James Cars of Hamburg, LLC, doing business as James Mitsubishi Hamburg, and its parent company…

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