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FCA Blames French State for Failed Renault Merger

A team led by French finance minister Bruno Le Maire was reportedly unable to win Nissan’s...

Fiat Chrysler has backed out of a proposed merger with Renault, blaming ‘political conditions’ in France, whose government owns a 15% share of Renault. A week ago, the companies were poised to form the world’s third-largest automaker.


SAAR Returns to 17M on Stronger May Sales

U.S. dealers sold 35,702 new vehicles bearing the Volkswagen marque last month, a 14.4%...

U.S. dealers sold slightly fewer new vehicles last month than in May of 2018, but the annual forecast increased to 17.4 million units — thanks in no small part to strong fleet sales.


Manheim Express Gets 3 Enhancements

Manheim’s Chenita Willis, pictured with Stanley Freeman, used car manager for Georgia’s Ed...

Manheim announced a series of updates relating to its flagship mobile app, including enhanced ‘Make an Offer’ capabilities and expansions of the auction provider’s Concierge Service and Trade Desk teams.


IHS: EVs Will Reach 7.6% Market Share in 2026

The upcoming 2020 Mercedes-Benz EQC is among the parade of new all-electric models set to enter...

IHS Markit analysts say electric vehicles will account for 7.6% of all new vehicles sold in the United States in 2026, predicting ‘explosive’ growth in a segment driven by rapidly proliferating makes and models.