ServNet Auctions and Automotive Finance Corporation are offering dealers the opportunity to floorplan their purchases with AFC for up to 90 days for an exclusive promotional rate of $90.
Read More →The estimated average transaction price for a light vehicle in the U.S. in October was $34,663, a 2.3% increase over the same time last year, according to Kelley Blue Book.
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Pricing for car and truck segments weakened heading into the fourth quarter, which is typical this time of year. Crossovers and SUVs led the way with the highest value decline last week — the full-size crossover/SUV segment fell 1.12%.
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Nissan is offering a "work truck package" with its 2017 Frontier mid-size pickup, which will retails for at least $19,330 and is on sale now, Nissan has announced.
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Auction Academy’s Class Group 4 completed its seventh quarterly session during a trip to Dallas, Texas, the group’s second to last meeting before graduating from the academy.
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Volkswagen has revealed its new flagship SUV, called Atlas, ahead of the Los Angeles Auto Show — a three-row utility vehicle that brings the automaker into a highly competitive category.
Read More →New-vehicle sales, including fleet, should decline 6% from a year ago to 1.35 million units in October, Kelley Blue (KBB) said today. If realized, the used-vehicle information site’s prediction would put the month’s seasonally adjusted annual rate (SAAR) at 17.9 million, down from 18 million one year ago but up from September’s 17.7 million SAAR.
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GM’s redesigned Duramax 6.6L turbo-diesel offers a number of advantages to fleets including increased horsepower and torque, and fleets are showing interest in the new engine, which will be available in the 2017 Chevrolet Silverado HD.
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Car and truck segment values fell last week by 0.57% and 0.36% respectively in what were significant drops from the prior week, Black Book has announced.
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Volkswagen will begin buying back its 2.0L diesel models following approval Tuesday of a $14.7 billion settlement by a federal judge and expects to complete the process by the middle of November.
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