Volvo dealers sold 41.7% fewer new units on a year-over-year basis last month, contributing to a nearly 4% overall decline offset by increased sales for Hyundai, Toyota and Honda. +
Clyde Owen brings a diverse educational and executive background to his new role as CEO of PCMI, where he relies on an execution-focused approach to meet the growing and varied demands of their customers. +
The latest Digital Transformation Index shows a 4.6% decline in econtracting volume from the third quarter to the fourth but a 3.2% increase over the course of 2025. +
U.S. dealers sold more than 233,000 full-size pickups in December, propelling the average new vehicle price to a record $50,326 as incentives helped offset affordability concerns. +
Deloitte analysts say dealerships and dealer websites rank No. 1 and No. 3 among resources U.S. new car buyers say they use to research vehicle types, makes and models. +
The latest new vehicle sales reports show U.S. dealers sold more vehicles in 2025 than in 2024 but performed better in the first three quarters of the year than in Q4 and December. +
Tesla sold 418,227 new EVs in Q4, down 15% year-over-year, finishing 2025 with sales of 1.6 million new units, an 8.1% decrease from 2024 and less than half the global tally of China’s BYD. +
Tesla has been ordered to revise marketing language implying its vehicles can operate autonomously or face a 30-day suspension of its California dealer license. +
The Colorado Motor Vehicle Board voted 6-2 to grant a dealer license to Volkswagen subsidiary Scout Motors, allowing Scout to sell directly to EV buyers in that state. +
Experian Automotive’s Q3 auto finance report finds EVs were leased at a significantly higher rate than a year ago, setting the stage for a future disruption to the used car market. +
