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OPENLANE iQ Speeds Up Platform for Vehicle Buyers, Sellers
Two Charged With Stealing Diesel VWs

Two Charged With Stealing Diesel VWs

Two Michigan men have been charged with allegedly conspiring to steal Volkswagen and Audi diesel vehicles involved in the emissions scandal that were parked at the Pontiac Silverdome, U.S. Attorney Matthew Schneider announced March 11.

March 12, 2019

More Loans, Fewer Leases for GM Financial in Q3

More Loans, Fewer Leases for GM Financial in Q3

General Motors Financial Company Inc. reported operating lease originations for the nine months ended Sept. 30, 2018 at $17.3 billion, compared to $19.6 billion for the nine months ended Sept. 30, 2017.

November 1, 2018

Upstream Remarketing Aiding 2018 Used Vehicle Values
Final VW Diesel Modification Approved

Final VW Diesel Modification Approved

Volkswagen has gained approval from air regulators of the final modification plan for the remaining vehicles that contain software designed to defeat emissions tests, the California Air Resources Board has announced.

July 17, 2018

Mercedes-Benz, FCA Set Three Tiers for Subscription Services

Mercedes-Benz, FCA Set Three Tiers for Subscription Services

Mercedes-Benz has provided pricing for its three-tier subscription service, while Fiat Chrysler Automobiles will offer Jeep Wave that will also allow drivers to use a vehicle for a monthly fee across three levels similar to a short-term rental.

June 6, 2018

Volkswagen Storing 300,000 Diesels Around U.S.

Volkswagen Storing 300,000 Diesels Around U.S.

Volkswagen has been storing the diesel-powered vehicles it bought back from customers at 37 secure storage facilities that include a suburban Detroit football stadium, former Minnesota paper mill, and desert parking lot near Victorville, Calif., Reuters is reporting.

March 30, 2018

Lincoln Adds Used Vehicles to Subscription Service

Lincoln Adds Used Vehicles to Subscription Service

Lincoln is expanding its luxury subscription pilot service in West Los Angeles by bolstering the services’ inventory with a slate of used 2017 Lincoln vehicles, according to a company announcement.

March 30, 2018

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