Average U.S. fuel economy holds steady in November

The average fuel economy for new cars and light trucks sold in the U.S. remained unchanged in November as an increasing number of light trucks were sold in comparison to cars, the University of Michigan Transportation Research Institute said today.

S. Korea to slap VW with record fine, pursue execs over emissions ads

South Korea will file criminal complaints against five former and current executives at VW Group's local unit and fine the automaker a record $32

Sign up for our afternoon newscast

AutoNews Now is our afternoon video roundup of the top news stories of the day.

MORE SALES NEWS MARKETING USED CARS
Average U.S. fuel economy holds steady in November

The average fuel economy for new cars and light trucks sold in the U.S. remained unchanged in November as an increasing number of light trucks were sold in comparison to cars, the University of Michigan Transportation Research Institute said today.

Penske to expand used-car stores

Penske Automotive Group has launched its own line of standalone used-car stores with the planned purchase of CarSense, which owns five used-only stores in the Philadelphia, Pittsburgh and southern New Jersey.

Incentives keep market running at record pace

After three consecutive declines, automakers managed in November to make the largest year-over-year U.S. sales gain since February, but it took a big jump in incentives to make that happen.

Newsletters