For the 10th consecutive month, new-vehicle prices were lower year-over-year in July as Kelley Blue Book (KBB) analysts noted higher inventory levels and higher incentives have shifted the U.S. auto market to favor buyers. The average transaction pr

Asbury Sells Atlanta Dealership Kerrigan Advisors represented Atlanta-based Asbury Automotive Group in the sale of Nalley Chevrolet in Union City, GA, to ALM Automotive Group. Asbury Automotive Group is one of the largest automotive retailers in the

A report prepared earlier this year for the Electric Vehicle Council gave an overview of the EV market, including owners’ preference, charging practices and the role of the U.S. government. The survey for the council found 49 percent of EV drivers�

Cox Automotive reported the wholesale price for pre-owned vehicles rose for the month of July from a month earlier. The Manheim Used Vehicle Value Index (MUVVI) rose to 201.6, a decline of 4.8 percent from a year ago. The seasonal adjustment to the i

Editor’s Note: This story was first published at RFIDJournal.com NXP Semiconductors has become the first technology company to earn Car Connectivity Consortium (CCC) certification for a near-field communication (NFC) chip intended for digital c

Alin Navidi Acquires Covina Volkswagen from SRO Group Performance Brokerage Services announced the sale of Covina Volkswagen in California from SRO Group to Alin Navidi. Covina Volkswagen will be renamed Covina Valley Volkswagen. Covina Volkswagen is

Auto dealers are swimming in data. But for many, it’s a wave they can not catch. At least that is the takeaway from Cox Automotive’s 2024 Power of Data study as dealers reported they are struggle to extract actionable insights from the data they

Impel is adding to its executive leadership team in its goal to position the company for continued long-term expansion. These hires and new positions comes after Impel, which specializes in AI sales and marketing automation for the automotive industr

Drivers are open to prompts to make them safer drivers, according to a recent survey from the Insurance Institute for Highway Safety (IIHS). The report published earlier this year found more than 60 percent of drivers would find it acceptable if thei