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E Automotive Inc. announced the acquisition of Houston Auto Auction, an independent auction that specializes in commercial sales. The acquisition is another strategic step for EBlock in executing against its…
The Federal Reserve decided to raise the target range for the federal funds rate by 0.25%, after a 0.50% increase in December and a 0.75% increase in November. The Federal…
America’s Auto Auctions received top awards from C&F Finance Company and C&F Remarketing. Named for their excellent performances in sales, transportation, invoicing, title processing and other tasks were America’s Auto…
Guidepoint Systems, a global provider of vehicle telematics and software as a service (SaaS) for automotive OEMs, vehicle dealerships, rental car agencies, and fleet managers, has promoted Erin Price to…
Dealers Auto Auction Group, headquartered in Franklin, Tenn., currently operating 10 auctions in the Southeast, has promoted Stacy Brown to the position of vice president of digital sales. Brown and…
Cox Automotive presented its annual Barbara Cox Woman of the Year Award to Beth Beans Gilbert, vice president at Fred Beans Automotive Group, headquartered in Doylestown, Pa. Fred Beans Automotive…
The Conference Board Consumer Confidence Index decreased in January following an upwardly revised increase in December 2022. The Index now stands at 107.1 (1985=100), down from 109.0 in December (an…
General Motors Co. recently reported fourth-quarter 2022 revenue of $43.1 billion, net income attributable to stockholders of $2.0 billion and EBIT-adjusted of $3.8 billion. GM’s full-year 2022 revenue was $156.7…
Ford Motor Co announced on Monday it was slashing prices on its Mustang Mach-E weeks after Tesla cut prices by up to 20% globally. The price cut averages out to…
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