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U.S. dealers started the month with a 78-day supply of unsold vehicles, the highest number for March since 2009 and the largest total volume since July 2017, according to Automotive News.
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The average fuel efficiency of light-duty cars, trucks, and SUVs reached a record-high 24.9 miles per gallon for the 2017 model-year, according to EPA analysts, who warned the industry may have trouble meeting future standards.
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Former AFG/CareGard executive Guy Koenig has been named president of GSFSGroup.
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Ryan Nelson has been promoted from national sales manager to vice president of business development for National Automotive Experts and NWAN Inc.
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HyreCar has launched a new mobile application developed in partnership with Mitek and designed to expedite the driver onboarding and verification process.
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A new partnership between Car Wars and VinSolutions was designed to deliver heightened lead-management capabilities to mutual clients.
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Analysts say a late start to the spring selling season could be to blame for a third consecutive monthly decline in Black Book’s Used Vehicle Retention Index.
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Dealer mergers and acquisitions provider Dave Cantin Group has expanded its leadership team with the appointments of four regional managers.
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Cox Automotive announced plans to integrate Lyft’s ride-sharing service with Xtime’s fixed ops scheduling software.
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SaleSleeve’s weatherproof document displays will appear in Wheels Automotive Dealer Supplies’ April 2019 catalog.
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