Toyota drops new diesel for C-HR crossoverThu, 29, Sep 2016
Toyota has decided not to sell a new diesel engine it is developing in its C-HR crossover because demand for the powertrain technology is falling.
Skoda CEO says U.S. launch not a priorityThu, 29, Sep 2016
Skoda may take another year before deciding whether to sells its cars in the U.S. Volkswagen Group's value brand plans first to enter the South Korean and Iranian markets next year.
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.
'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.
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.
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.
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.
Hyundai's great leap forwardMon, 19, Sep 2016
After pressing pause on years of breakneck expansion to nail quality, restock the product pipeline and streamline production, Hyundai is on the offensive again.
After disaster, expect peak sales in 60-120 daysSat, 17, Sep 2016
After a major natural disaster, dealerships in the affected area can expect to see vehicle sales stall for 30 days.