News Feed
Carvana’s top shareholder files to sell $245 million in stock
Carvana Co.’s largest shareholder, Ernie Garcia II, who is also the father of the auto retailer’s founder and chief executive...
Complaint pace reignites after March slowdown (Under the Hood)
Auto loan- and lease-related complaints filed through June 30 with the Consumer Financial Protection Bureau surged 38% year over year....
Nissan clinches $4.5 billion bond deal after orders soar
Nissan Motor Co. has raised $4.5 billion from a junk-bond sale in US dollar and euros, with the embattled automaker...
HOG closures accelerate amid declining sales, pending HDFS transaction
Amid declining sales and pending leadership changes, Harley-Davidson dealerships are shuttering on the heels of several nationwide dealership closures in...
New-car prices could jump by up to 8% as tariffs hit
Auto tariff-related price increases are expected to hit dealer inventory this summer after OEMs delayed the hikes to drive sales. ...
Q2 used-vehicle values buck seasonal trends
Used-vehicle values continue to trend above pre-pandemic levels amid higher-than-normal wholesale price increases driven in part by a pull forward...
US jobless claims fell a fourth week during July 4 holiday
Applications for US unemployment benefits fell for a fourth week to the lowest in two months during a period that...
Consumers hit the gas on hybrids
Hybrid vehicle adoption is expected to increase exponentially as state and federal policy shifts pull back consumer incentives for pure...
