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SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold 35,702 new vehicles bearing the Volkswagen marque last month, a 14.4%...

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small part to strong fleet sales.

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Clark Joins NAC as CFO

Clark Joins NAC as CFO

National Auto Care has named 30-year finance industry executive Laura Clark as the company’s new chief financial officer.

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IHS: EVs Will Reach 7.6% Market Share in 2026

The upcoming 2020 Mercedes-Benz EQC is among the parade of new all-electric models set to enter...

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a segment driven by rapidly proliferating makes and models.

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FCA Proposes Merger With Renault

John Elkann, chairman of Fiat Chrysler Automobiles, is pushing a proposal to merge the...

The chairman of Fiat Chrysler Automobiles is pushing a proposal that would merge the Italian-American carmaker with France’s Renault, creating the world’s third-largest manufacturer.

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Subprime Up 13% as Total Auto Originations Decline

The Fed’s latest Household Debt and Credit Report finds subprime auto loan and lease...

The Federal Reserve Bank of New York’s Q1 U.S. household debt report finds auto loan and lease originations declined slightly year-over-year — except for sub-620 customers — while 90-day delinquencies grew by 9.2%.

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Dorfman Steps Down as APCO Chief

Dorfman Steps Down as APCO Chief

Larry Dorfman will step aside as chief executive of APCO Holdings, the company he founded 35 years ago and grew to include the EasyCare, GWC Warranty, and Covideo brands, yielding the company’s chairman and CEO position to former J.D. Power head Finbarr O’Neill.