New-lease marketplace Wantalease.com reports falling average lease costs for a variety of Chevrolet and Ford vehicles.
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ADESA Buffalo recently earned two Ford Auction Service Award Program (ASAP) awards for its 2018 performance.
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The awards measure the cost-of-ownership of a vehicle using eight different cost factors: depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs.
Read More →Dale Jones, EVP of Ford Motor Credit has been elected chair elect of the American Financial Services Association (AFSA), according to a company announcement.
Read More →Ford or Lincoln vehicles have captured the most awards by a single manufacturer among the 39 vehicles named to Vincentric's Best Fleet Value in America list for the 2018 model year.
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Linda Silverstein accepted the International Automotive Remarketers Alliance's (IARA) Circle of Excellence award at a luncheon preceding the opening of the 2018 Conference of Automotive Remarketing (CAR).
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Media, insights and marketing solutions provider Jumpstart Automotive Media named the Ford Mustang the most-viewed vehicle of 2017. The Mustang has held the top spot since 2014, but as an outlier: Jumpstart’s analysts found Americans’ love for trucks, SUVs and crossovers remained on full display during 2017.
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The average transaction price for a new vehicle reached $36,113 in December in the U.S., a 1.6% increase from the same time last year and a 0.2% increase from the previous month, according to Kelley Blue Book.
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New-vehicle sales for 2017 should reach 17.1 million, which would make 2017 the fourth-highest year on record and signals continuing robust health in the automotive industry, according to Kelley Blue Book.
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Vehicle manufacturers sold 12.2% fewer cars, trucks, vans, and SUVs to rental, commercial, and government fleet buyers in April compared to a year ago in what has become a softening market for new vehicle sales.
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