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The head of Cox Automotive's auction arm Manheim is moving to a new role in the company and is being replaced by a veteran Manheim executive.
The new venture from Scott Painter, former TrueCar CEO, markets cars based on monthly payments and no-cost returns.
CarMax's net income rose 12 percent in its fiscal second quarter as the largest used-vehicle retailer in the U.S. saw only a "modest" loss of sales from Hurricane Harvey.
Dealers expect the auto market will remain strong in the near term, but profitability is constrained by market conditions and competition, a new survey found.
Job seekers are willing to work at dealerships — but not selling cars.
A Cox study found job seekers' interest in working at a dealership jumps when told they won't have to sell cars, while most dealers don't have a staffing strategy.
KAR Auction Services plans a new $80 million headquarters two miles south of its current headquarters in Carmel, Ind.
The largest U.S. dealership group plans to close 76 stores in Florida -- nearly all of its outlets in the state -- at least through Saturday as it braces for Hurricane Irma.
Bracing for Irma, recovering from Harvey: 'Vicious uppercut' for Fla.?, Lost cars could top 130K; VW's mobility platform; Volvo valet venture; Ford owners livid about lug nuts.
AutoNation is among multiple retailers, auction houses and distributors bracing for Hurricane Irma's impact across South Florida this weekend.
How do you remove hundreds of thousands of damaged cars from a massive city still mired in water and muck? Tow-truck driver Alex Toll will tell you: one vehicle at a time.
Penske Automotive Group has acquired an additional 5.5 percent interest in Penske Truck Leasing from subsidiaries of GE Capital Global Holdings.
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