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The average price of a used vehicle dipped slightly in May, according to Black Book. Analysts with the firm said they expect higher depreciation between now and the end of the year.
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Auto Dealer TV's Jennifer Nebrich reports on the NADA's memo regarding biweekly payment products, the FTC's settlements with Nissan and 10 dealers, and setbacks for Tesla in Missouri and with Toyota.
Read More →New-vehicle sales in California improved for the 14th consecutive quarter in the opening quarter of 2014, with new-vehicle registration increasing 5.4% from a year ago, according to the state association.
Read More →Toyota will pay a $1.2 billion financial penalty — the largest penalty ever imposed on an automotive company — for concealing and making deceptive statements about two safety issues affecting its vehicles in 2009, the U.S. Department of Justice announced last week.
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