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Used vehicles increased 0.4% in value in April, as buyers boosted the value of smaller cars, which have begun to shrug off several years of heavier declines, according to Black Book.
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EV sales jumped by 68% year over year in Q, and for the first time, EV sales in the U.S. nearly equaled hybrid sales.
Read More →The former Ford president and CEO takes over a transformed Hertz post-bankruptcy. Stone stays on to focus on operations and customer service.
Read More →Retail new-car prices increased $1,363 (up 4.3 percent) in May from a year ago, but fell $130 (down 0.4 percent) from April, according to Kelley Blue Book.
Read More →The Ninth Green Fleet Conference and Expo announced its schedule for the annual event in October. The 2014 keynote speakers are Mark Smith from the U.S. Department of Energy’s Clean Cities and John Viera from Ford Motor Co.
Read More →Top stories include new reports mandating seat belts.
Read More →Al Giombetti has been named general sales manager of the Lincoln Mercury Division. Giombetti replaces Dale Wendell. Succeeding Giombetti as executive director of Ford North American Fleet, Lease & Remarketing Operations (NAFLRO) is Kevin Koswick.
Read More →ADESA Canada, a subsidiary of Indianapolis, IN-based ADESA Corp, an ALLETE company, announced August 18 that General Motors Canada and Mitsubishi Motors have selected ADESA’s DealerBlockTM for online Canadian remarketing. Both clients join a lineup, which already includes BMW Group Canada/BMW Financial Services; FinanciaLinx; Ford Motor Co. of Canada; and General Motors Acceptance Corp. of Canada.
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