news

ACV reports Q1 net loss of $20M; revenue up 22%

ACV also said the number of used vehicles transacted by dealers and commercial auto companies...

New-vehicle inventory little changed at 2.86 million

New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox...

Automation supplier plots new HQ in Southeast Michigan

Convergix Automation Solutions is planning to expand with a new Auburn Hills headquarters in a...

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides...

Nearly 25% of Ford F-150s built are now hybrids, CEO says

The F-150 is a key pillar of Ford’s hybrid strategy, which is gaining importance amid...

NADA Academy preps future dealership owners, staff for changing times

Through in-person and online classes, the National Automobile Dealers Association trains dealership staff and future...

Editorial: Pedestrian safety measures should go beyond automatic emergency braking

The industry has five years to comply with NHTSA’s latest automatic emergency braking rule, but...

U.S. agency raises safety concerns on Ford crossover fuel leak recall

The National Highway Traffic Safety Administration (NHTSA) said last month it was investigating the adequacy...

Used-vehicle wholesale prices down in April, Cox Automotive says

Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower...

BYD will price its European plug-in hybrids close to ICE rivals

PHEV sales have jumped this year as the market for all-electric cars slumps. BYD, which...

Accounting change drives down Cars Commerce Q1 net income

Cars Commerce’s 2023 acquisition of D2C Media helped promote revenue gains, and price increases helped...

VW brand to strengthen plug-in hybrid lineup as EV sales slump

Volkswagen is adjusting its strategy to feature more PHEV models. Its latest plug-in hybrids have...

Need help?

If you need support, please send an email to [email protected]. Thank you.