'End of the beginning' of Volvo revivalMon, 26, Sep 2016
Volvo Car USA has turned a corner with two of its four 90 series vehicles on sale and two others due early next year, says its CEO.
Cadillac offering buyouts to 400 smaller U.S. dealersFri, 23, Sep 2016
Cadillac is offering its 400 smallest U.S. dealers as much as $180,000 if they would rather give up their franchise than make the investment necessary to meet a host of new standards being imposed by the brand.
Austria brothers aim to help BMW, VW, others tackle TeslaSun, 25, Sep 2016
Auto executives from BMW, VW and McLaren are seeking advice from three Austrian brothers who are designing electric cars they say can go faster and further than anything made by Tesla.
Industry-trouncing Kia expects big boost in CPOMon, 26, Sep 2016
Kia expects to sell 75,000 CPO units this year. More off-lease vehicles, more CPO listings online and more full-time CPO reps calling on dealers can make that happen, said Kia's manager of CPO and remarketing.
Beepi's new service will buy older carsMon, 26, Sep 2016
Beepi, an online used-car marketplace that competes with dealerships, is looking to expand into older used cars. The new service, called Beepi Blue, will buy those cars from private individuals and sell them at wholesale auctions.
Ex-refugee is right at home selling carsMon, 26, Sep 2016
When Ron Marhofer Chevrolet hired Bishnu Rai a year ago, it gave the group an opportunity to grow sales among the Bhutanese and Nepalese that have immigrated into the Akron area. Rai is on track to earn 50 percent more than he did at his previous job.
Honda projects declining U.S. auto sales to 'good industry' paceFri, 23, Sep 2016
Auto sales in the U.S. may not set a record this year and will probably decline from 2015's record in the coming years, said Honda's top American sales executive.
Volvo names new electrics, electronics bossFri, 23, Sep 2016
Volvo has appointed Oedgaerd Andersson as its head of electrics, electronics and chassis as the automaker embarks on ambitious plans to add self-driving and full-electric vehicles to its lineup.
CarMax quarterly earnings fall 5.7%Wed, 21, Sep 2016
CarMax's quarterly earnings dropped 5.7 percent, as customer demand leaned toward older, less expensive used vehicles, the retailer said. It also said a test to deliver used vehicles to customers' homes rolled into Charlotte, N.C.
Shift Finance targets dealerships, private salesWed, 21, Sep 2016
Captive lender Shift Finance, and its parent, peer-to-peer used-car marketplace Shift Technologies Inc., have high ambitions.
Will prime buyers dent service plans?Wed, 21, Sep 2016
Consumers' trend toward used cars, especially certified pre-owned, could eventually slow the growth in sales of extended service contracts.
Online used-car retailer Vroom gets $50 million in new fundingTue, 20, Sep 2016
Online used-car retailer Vroom raised $50 million in a funding round from existing and new investors, bringing the total funding to $218 million.