Tag: Coronavirus

Wells Fargo’s move to halt contract funding from a majority of the independent auto dealers on its network is spurring ...

This week, OEMs’ monthly sales figured pointed toward promising signs of recovery in the new-vehicle market, with American Honda, Mazda ...

After a historic plunge in April used-vehicle values, the market is tracking on a positive trajectory, according to Manheim‘s monthly used-vehicle ...

Bentley Motors Ltd. plans to slash as many as 1,000 jobs in the U.K., about a quarter of its workforce, ...

Ally Financial launched a campaign of initiatives yesterday to provide digital support for struggling dealerships nationwide, according to a company ...

As business reopenings picked up nationwide, Americans filed nearly 2 million applications for unemployment benefits last week, reflecting a slowing ...

Automakers in the U.K. sold about 89% fewer cars in May than a year earlier with dealerships shuttered for a ...

U.S. automotive sales in May showed signs of bouncing back from the COVID-19 pandemic, with the seasonally adjusted annual rate ...