The partnership leverages the wide and deep scalability of the two automotive giants so they can target new EV models to large vehicle segments, including compact crossover utility vehicles.
The Bolt EV saw a 335% sales increase in July to its highest volume ever in a second quarter at 10,857 units.
Build Data comprises "as built" content such as optional equipment specific to a unique 17-digit VIN. This new integration will allow for a higher degree of valuation precision for General Motors vehicles.
General Motors and GM Financial hosted the sale of its 15 millionth remarketed vehicle on GMF DealerSource.
With an eye toward the future, Costabile focuses on relationship building, networking, and growth.
The Volkswagen Group, General Motors, and Toyota Motor Company are three of the OEMs that experienced the highest rise in average transaction price. Respectively, the three OEMs saw average transaction prices rise 7.1%, 3.5%, and 3.4%.
Dave Hansen, who previously served as general manager of GM Fleet & Commercial Operations for General Motors before his retirement, was inducted into the Fleet Hall of Fame at the 2017 AFLA Conference. Read the full story here.
GM Financial reported $202 million in net income in the first quarter of 2017, a 23% increase over the same time last year, despite pressure on used-car values, the company has announced.
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.
GM Financial presented its 2016 auction of the year awards to ADESA Kansas City for Open Sale Auction of the Year and Manheim Statesville in North Carolina for Closed Sale Auction of the Year award, the company announced earlier this week.
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