Denton County Fire responded to a large fire at a car auction facility Sunday morning.
Both new and used car purchases were expensive for drivers this year, as limited inventory and high borrowing costs affected affordability.
Experian has released new data showing that the average loan amount for both new and used vehicles decreased in the third quarter of 2023.
GM bought out about half of its 2,000 Buick dealers over the last year as part of the voluntary buyout program
For the past couple years, all the smart money was on a US recession taking place sometime before the next presidential election. To be clear: That absolutely could still happen. In the world of economics, nothing is certain.
Trends in 2024 will demonstrate the need for extended collaboration at all stages in the automotive development process.
It’s a situation known as negative equity, and last month, American consumers were “underwater” on their loans by an average of $6,054, the most since April 2020, Bloomberg News reported Saturday (Dec. 16), citing data from automotive information firm Edmunds.com.
It's pretty fair to say that 2023 has been an expensive year to borrow money. And the reason has to do with inflation and the Federal Reserve's response to it.
The Ford Escape Hybrid, a super popular crossover, and the Maverick Hybrid, the equally popular compact pickup, are selling well and taking up some of the slack in a down EV market.
Combating Auto Retail Scams (CARS) Rule targets bait-and-switch tactics, junk fees; includes clear protections for military members, who are frequent targets for vehicle scams
The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023.
Auto loan access declined in November disrupting months of recovery, as lenders, consumers and dealers grappled with economic challenges
Against that backdrop, there is still some hope for buyers. Hot Cars compiled a list of cars with an MSRP (manufacturer’s suggested retail price) under $20,000.
Carketa, the dealership Decision Intelligence System, today announced a partnership with ProGuard Warranty to bring Carketa's inventory management tools to ProGuard dealers
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Consumers may think that odometers in the digital age are less of a target for fraud – but they’d be wrong. For cheaters, it’s never been easier – or cheaper – to remove thousands of miles from a car’s history in one fell swoop.
Hyundai has also selected AWS as its preferred cloud provider and next-generation Hyundai vehicles will be even more responsive and interactive with Alexa Built-in.
"The DeVos Graduate School has a long history of providing customized corporate and industry master's programs in the automotive sector, and we are very excited to add a leadership-focused program," stated Dr. Lisa Fairbairn, dean of the DeVos Graduate School.
Lender directed customers to dead-end cancellation hotline, withheld refunds, and knowingly tarnished credit reports with false data
Cox Automotive surveyed 393 franchised dealers, 2,962 people who recently bought a car, and 1,650 people currently shopping for a vehicle to understand their feelings on digital retailing tools.