Recent News

Lexus readies 3-row RX crossover

After months of speculation, and pleading from U.S. dealers, Lexus has finalized plans to build a three-row version of the popular RX crossover. ... Read More »

ACA, Westlake Agree to Pay $7.4 Million in Relief to Mass. Consumers

BOSTON — Both American Credit Acceptance (ACA) and Westlake Financial Services have agreed to provide a total of $7.4 million in relief to consumers in Massachusetts to settle charges that they charged excessive interest rates on subprime loans, the state’s...

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Audi dials back 2016 U.S. sales goal, dealer chief says

Audi of America scaled back its 2016 U.S. sales goals in a move company executives say aims to preserve brand and dealer health amid a broader slowdown in luxury volume growth. ... Read More »

Ally to Expand Econtracting to All 50 States

LAKE SUCCESS, N.Y. — Currently, dealers in 42 states can complete an econtract with Ally as the finance source through Dealertrack. The company is aiming to complete the set by adding Arizona, Hawaii, Michigan, Mississippi, Montana, New Jersey, New Mexico...

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Black Book, Fitch Predict Vehicle Depreciation Will Reach 15% in 2016

LAWRENCEVILLE, Ga. — Overall vehicle depreciation for two- to six-year-old vehicle should reach 15% this year from last year’s 13.2% level, according to a joint report from Black Book and Fitch Ratings.The firms’ projection would also mark the...

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Subaru unveils larger 2017 Impreza packed with technology, safety features

Subaru's slightly larger and redesigned Impreza compact car, with a new athletic stance, improved technology and additional safety features, debuted today at the New York auto show. ... Read More »

Mercedes C63 Cabriolet sports a 4.0-liter V8 with 469 hp

The C63 Cabriolet, the latest addition to the Mercedes-Benz C-class convertible roster, will hit U.S. showroom floors this fall. It offers a 4.0-liter, V8 biturbo engine that puts out 469 hp. ... Read More »

Refreshed Acura MDX crossover heralds new face

Acura revealed the new face of the brand with the introduction of the 2017 MDX crossover. The mid-life refresh of Acura's most popular model also adds an optional hybrid variant to the mix for the first time in the history of the MDX. ... Read More »

Lincoln aims for anti-Cadillac style with Navigator concept

After overhauling the core of its lineup, Lincoln is remaking its biggest vehicle, the Navigator, into a more understated, serene alternative to the high-flying Cadillac Escalade. ... Read More »

Mercedes gives GLC sporty coupe variant

Mercedes-Benz's new GLC coupe will feature styling similar to that of an SUV as the luxury brand looks to lure buyers attracted to roomy, sporty vehicles. ... Read More »
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