Dealer News

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 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…
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 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 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 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…
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:…
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…
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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