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OPENLANE, Inc., an operator of digital marketplaces for wholesale used vehicles, announces the company has named Brad Herring as EVP and Chief Financial Office. Herring will be responsible for leading…
Total new-vehicle sales for April 2025, including retail and non-retail transactions, are projected to reach 1,519,900, a 10.5% increase from April 2024 according to a joint forecast from J.D. Power…
Over a decade since the National Highway Traffic Safety Administration (NHTSA) launched a nationwide recall due to the potentially life-threatening risks posed by Takata airbags, 5.7 million vehicles across the…
Likely motivated by concerns about tariffs and future higher prices, new-vehicle shoppers were out in force early in April and, according to the Cox Automotive forecast, helped keep the new-vehicle…
Lendbuzz, an AI-based fintech company, announced the launch of Express Contract, its expedited loan approval offering for dealers financing borrowers with thin to no credit history. Express Contract uses Lendbuzz’s…
Ford Motor Company is recalling certain 2025 Explorer vehicles. The powertrain control module (PCM) may reset while driving, which can damage the park system or cause an engine stall. The…