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BBL Fleet expanded its footprint in the fleet management industry with the acquisition of Velcor Leasing Corporation of Madison through a stock purchase agreement finalized Feb. 27, 2026.
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Volvo Cars will shift production of its XC90 luxury SUV to an assembly plant it will build at a cost of $1.1 billion in the Charleston, South Carolina, from its current production line in Sweden, the company has announced.
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Franchise dealers now view the used car market more optimistically than the new vehicle market, according to a new sentiment index from Cox Automotive. The finding speaks to the current shift of car buyers with prime and subprime credit toward the used market.
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Daimler is investing $1 billion in its Tuscaloosa, Ala., assembly plant that will include a new battery plant and the creation of 600 jobs, the company announced.
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Volvo has unveiled its new XC40 in Milan, Italy, and a new vehicle subscription plan aimed at driving its luxury compact SUV off dealer lots.
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Ford Motor Co. will halt production of its Transit full-size van for two weeks to better align production with demand, the company said.
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Nissan's 2018 Versa Note hatchback will retail for at least $16,365, which is unchanged from the 2017 model year, Nissan has announced.
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The 2017 Automotive Fleet & Leasing Association (AFLA) Conference was held in Las Vegas from Sept. 17 to 20. Read full coverage of the conference here. Photos by Eric Gandarilla.
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The Acura MDX compact luxury SUV will add a dual screen user interface and enhanced 7-inch touchscreen as part of a mid-cycle refresh for the 2018 model year, Acura has announced.
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Volvo Cars is expected to double its investment in a South Carolina assembly plant that's now under construction and should open in late 2018 to produce the next generation of its S60 sedan, reports the Post and Courier.
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Nearly 1,600 of KAR’s 17,400 employees are located in Indiana, and the new location provides space for an additional 400 jobs.
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