September 24, 2020
Dealer News
Kia Tops 45,817 in May
Staff Writer
June 04, 2020
Kia Motors America announced May sales of 45,817 vehicles. Demand for Kia’s lineup of SUVs remained strong as Sportage and Sorento topped the sales chart and the all-new Seltos SUV…
Hyundai Retail Sales Grow
Staff Writer
June 03, 2020
Hyundai Motor America reported total May sales of 57,619 units, with retail sales growing 5 percent in May despite the COVID-19 pandemic. Fleet sales were down 79 percent and represented…
Sales Forecast Jumps in May
Staff Writer
May 29, 2020
Edmunds is forecasting that May U.S. new car and truck sales will hit 1,074,542, an estimated seasonally adjusted annual rate (SAAR) of 11.8 million. This reflects a 32.5 percent decrease…
Autotrader Picks Top CPO Brands
Staff Writer
May 28, 2020
Autotrader has picked Hyundai and Lexus as the best CPO programs for 2020 in both the non-luxury and luxury categories. “We selected Hyundai and Lexus CPO programs due to their…
Longtime Alabama Dealer Dies
Staff Writer
May 26, 2020
Longtime Alabama auto dealer Lester Earl Oden died on April 2 after a long battle with cancer. He was 73. Oden was the founder and president of MTO Motor Leasing…
Moody’s Offers Auto Loan Data
Staff Writer
May 26, 2020
Moody’s Analytics has announced it will provide complimentary access to loan-level mortgage and auto data, to help market participants analyze the impact of an anticipated COVID-19-related recession on their securitization…
State Approves Auto Sales
Staff Writer
May 22, 2020
Michigan Gov. Gretchen Whitmer issued a new executive order allowing appointment-only auto sales beginning May 29. The executive order was released in conjunction with a press conference on May 21:…
Buyers Plan Holiday Shopping
Staff Writer
May 21, 2020
Cars.com revealed its latest research that suggests that of those who are currently in the market to buy a car this year, 33 percent will do so this weekend. A…
Tucson Hits Milestone
Staff Writer
May 19, 2020
Hyundai’s Tucson SUV recently surpassed the milestone of 1 million unit sales in the U.S. market. The Tucson nameplate entered the U.S. market in 2004 and has spawned two all-new…
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