REPORTER

Wholesale vehicle prices reached the highest point since October 2017 last month.

June Wholesale Prices Reach Highest Point in 2018

Wholesale prices had been on the decline since April 2018, however, a strong showing in June bucked that trend and moved current wholesale price performance ahead of last year.

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Sen. Charles Schumer asked the FTC to add a flood check element to used car Buyers Guides due to...

Sen. Schumer Calls for 'Flood Check' in Used Car Buyers Guides

More stringent guidelines may be coming to used car Buyers Guides, the document that dealers need to include in every used car they offer for sale, according to the Associated Press.

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Alliance Auto Auction Raising Money for Human Trafficking Victims

For every vehicle that the auction group sells in 2018, it will donate a portion of the proceeds to the foundation. The auction group's goal is to raise $50,000 this year.

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Lease originations have been down slightly at dealerships through 2018.

Lease Approvals Tumble in June

Lease credit approvals on Swapalease’s marketplace took a small dip in June, falling to 68.4%, the company noted in an announcement.

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Small pickup trucks had the best performance during the week, as values for the segment were up,...

Wholesale Market Sees Four Weeks of Stable Depreciation

Overall, car segment values decreased 0.34% last week, compared to 0.30% the week before. Truck segment values decreased 0.25% last week, the same decline the segment experienced the week before.

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The sweep was conducted in 20 cities nationwide between April and June 2018. According to the...

Agencies Conduct Used Car Rule Compliance Sweep of Dealers

The Federal Trade Commission, working jointly with 12 partner agencies in seven states, conducted the first compliance sweep of car dealerships since its amended Used Car Rule took effect earlier this year, the regulator announced.

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Toyota Financial Services Names CIO

Toyota Financial Services USA has named Vipin Gupta as its new chief information officer and group vice president, the company has announced.

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