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KBB.com Names 10 Most Awarded Cars, Brands of 2019
Peak Performance Adds Coffey, Martin

Peak Performance Adds Coffey, Martin

Tina Coffey and Serena Martin have joined Peak Performance Team as Southeast regional sales director and business development manager, respectively.

July 18, 2019

Price Hike: Tesla Drops Base Models

Price Hike: Tesla Drops Base Models

The starting prices for the Model X SUV and Model S sedan went up nearly $5,000 overnight following the abrupt deletion of their ‘standard range’ variants from Tesla’s lineup.

July 17, 2019

Calif. Dealer Wins $15.8M in Toyota Lawsuit

Calif. Dealer Wins $15.8M in Toyota Lawsuit

An Orange County jury found in favor of Toyota dealer Roger Hogan, who sued the factory for fraud and breach of contract amid claims the manufacturer concealed safety defect data and retaliated against him for going public with his concerns.

July 16, 2019

Ford, VW Reach Deal on Global Technology Partnership

Ford, VW Reach Deal on Global Technology Partnership

Ford Motor Co. and Volkswagen AG have forged a new partnership centered on electric-vehicle and autonomous driving technology that calls for billions of dollars in investments and the introduction of a range of new vehicles.

July 12, 2019

Last VW Beetle Rolls Off Production Line

Last VW Beetle Rolls Off Production Line

Volkswagen de Mexico has built its final Beetle, capping a legacy of 21.5 million units sold worldwide — including 5 million in the U.S. alone — and clearing the way for a new SUV.

July 11, 2019

NIADA Debuts ‘Custom-Tailored’ Compliance System
Report: Slow Sales Aside, Auto Groups Outperform Market

Report: Slow Sales Aside, Auto Groups Outperform Market

Kerrigan Advisors analysts say the stock prices for America’s seven publicly traded dealership groups are outpacing the broader U.S. equity markets and could soar higher on lower interest rates and new trucks.

July 10, 2019

Used Vehicle Retention Index Ticks Up in June

Used Vehicle Retention Index Ticks Up in June

Black Book analysts say full-size vans and premium sports cars helped used-vehicle values start summer on a strong note, ticking up 0.6% from May to finish at 115 in June.

July 9, 2019

fusionZONE Forms Dealer Advisory Council

fusionZONE Forms Dealer Advisory Council

fusionZONE Automotive executives say representatives of dealerships and dealer groups will help shape the company’s processes and product development.

July 8, 2019

New-Car Prices Up 3.1% in June

New-Car Prices Up 3.1% in June

Kelley Blue Book analysts report average transaction prices for U.S. new-vehicle sales increased by 3.1% on a year-over-year basis in June but declined slightly from May.

July 3, 2019

SAAR Holds at 17M as June Sales Slip

SAAR Holds at 17M as June Sales Slip

U.S. dealers sold 2.6% fewer new cars and light trucks in June than in the same month a year ago, but standout performances in key segments kept the seasonally adjusted annualized selling rate above 17 million for the second straight month.

July 3, 2019

Industry Leader Lee Iacocca Dead at 94

Industry Leader Lee Iacocca Dead at 94

Famed auto executive and visionary Lee Iacocca has died, leaving a legacy of leadership, ingenuity, and a no-nonsense approach to the design, sale, and financing of American vehicles.

July 3, 2019

IHS: Average Age of U.S. Vehicles Continues to Rise
Reinsurance X Offers Timely Solution to Tax Concerns

Reinsurance X Offers Timely Solution to Tax Concerns

National Automotive Experts has released ‘A New Reinsurance Plan for Uncertain Times,’ a new whitepaper addressing the implications of the Trump administration’s tax reform on several dealer participation programs and detailing Reinsurance X, the company’s new alternative.

June 24, 2019