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Subaru has begun selling its three-row Ascent midsize SUV, and offered the first production unit to a loyal Subaru owner in Mequon, Wis., Subaru has announced. The initial vehicle was sold by the Sommer's Subaru dealership.
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With the labor market continuing to strengthen and economic activity rising at a solid rate, the Federal Reserve raised the Federal Funds Rate a quarter percentage point for the second time this year — putting the target for short-term rates in the 1.75 to 2% range.
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When procuring replacement parts for their vehicles, more than two-thirds of commercial fleet managers surveyed by Automotive Fleet don't mandate factory parts and nearly three of four didn't identify a preferred brand.
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BMW's finance arm has launched a new vehicle subscription service that provides users with unlimited access to certain BMW vehicles for a monthly price across two tiers that includes maintenance, insurance, and roadside assistance.
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Hyundai Motor America and Genesis Motor America have begun the process of selecting dealers to operate 100 stand-alone Genesis stores, which would be built out over the next three years, according to the company.
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The Automotive Fleet and Leasing Association (AFLA) has added four new board members, including Siemens fleet manager, Dejana's fleet and leasing director, the president of an influential fleet dealer, and the vice president of Fleet Street Remarketing.
Read More →Volvo will offer its owners in Seattle several concierge services through a smartphone app to fill the fuel tank or have the vehicle washed while the vehicle would be parked.
Read More →United Kingdom-based Jardine Motors has signed a three-year deal with British Car Auctions (BCA) to remarket roughly 20,000 vehicles a year.
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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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The Miami International Auto Show has been canceled for the first time in its nearly 50 years due to Hurricane Irma, show organizers announced on Facebook.
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