The review comes amid pressure from an activist investor that has called for a leadership change or sale of the new and used-vehicle shopping site if there is not a marked improvement in results.

Vehicle prices and monthly payments are hitting all-time highs, making the NADA chief wonder whether it's time for a new Henry Ford.

A Manheim auction site in Atlanta has been revamped as the flagship hub for present-day fleet servicing and forward-looking mobility solutions.

KAR Auction Services has named Peter Kelly president, a newly created role at the company. In the position, Kelly will oversee ADESA, Automotive Finance Corp. and Openlane, as well as KAR's remarketing and digital services business.

U.S. sales for each of the five largest auto brands — Ford, Toyota, Chevrolet, Honda and Nissan — declined in 2018. But the No. 6 brand, Jeep, grew enough to keep the entire industry in the black for the year.

As Hyundai continues to focus on expanding its crossover lineup, the automaker's U.S. sales slide appears to be ebbing.

After a jury's fraud judgment — and an eye-popping $5.8 million award — over the sale of a used Ferrari, an Arkansas dealership is arguing that the punishment does not fit the alleged misdeed — or the law.

The 2015 Nissan Leaf, for example, has actually grown slightly in value over the last year.

Higher fleet deliveries, low unemployment, tax reform and Tesla's rapid production ramp-up are among the reasons that U.S. light-vehicle sales likely increased in 2018, even in the face of lower retail volume and rising interest rates and vehicle prices, analysts say.

Cars.com, one of the auto industry's largest online shopping sites, is restructuring its sales operations and eliminating more than 100 positions amid pressure from an activist investment group.