Honda views its CR-V and sedans as equals

Honda is riding high on the crossover trend, with a CR-V that has been one of the nation's most popular utility vehicles and a redesigned version queued up to go on sale this month. But Honda doesn't see the CR-V replacing either the Accord or the Civic as its most notable seller.

HYUNDAI-KIA: Fatter deals, small cars, crossovers drive Nov. records

Hyundai and Kia set sales records for November, reporting a combined 9 percent gain for the month, bolstered by fatter discounts and higher demand

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Honda views its CR-V and sedans as equals

Honda is riding high on the crossover trend, with a CR-V that has been one of the nation's most popular utility vehicles and a redesigned version queued up to go on sale this month. But Honda doesn't see the CR-V replacing either the Accord or the Civic as its most notable seller.

Penske acquires used-only dealership group

Penske Automotive Group is adding used-only vehicle dealerships. The nation’s second-largest auto retailer has signed a deal to acquire CarSense, a stand-alone retailer of used vehicles with stores in Philadelphia, Pittsburgh and southern New Jersey.

China slaps 10% tax on ultraluxury vehicles

China introduced a 10 percent tax on vehicles such as the Ferrari GTC4Lusso, Bentley Bentayga and Aston Martin DB9 to combat conspicuous consumption and promote more fuel-efficient vehicles.

VW: Losing streak ends; Audi rolls on

Volkswagen of America posted a 24 percent gain in November sales, breaking a yearlong streak of falling sales and signaling that the worst retail effects of its diesel emissions scandal may be over.

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