Manheim bolsters its vehicle-valuation tool

The Manheim Market Report has been bolstered to deliver more detailed valuations of used vehicles and thus streamline the remarketing process.

Profit-rich trucks may catch break in Trump auto review

A move under consideration by the Trump administration could ease tough fuel-efficiency standards set to take effect in 2021 on light trucks, the bulwark of US auto industry sales and profits.


Year's end is facing glut of cars

In the closing weeks of the 2017 model year, the U.S. auto industry has a glut of slow-selling cars and GM unable to work its way out of some deliberate overstocking.

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Hertz CEO touts turnaround plan after Q2 loss

Hertz says it is making advances slimming its bloated fleet of fast-depreciating cars, tempering concerns about the rental-car company's financial footing as tech giants challenge its business model.

Penske bullish on used-car ventures

When Penske Automotive agreed to buy CarSense in the U.S. and CarShop in the U.K., Chairman Roger Penske said he was "cautiously optimistic" about the used-car ventures. He has since dropped the "cautiously."

N.A. an anchor on Honda earnings

North America emerged as a weak link for Honda in the latest quarter as falling regional sales and profits weighed down a meager uptick in global operating profit.

HYUNDAI-KIA: Declines hit most cars, crossovers

Hyundai attributed its decline mostly to a drop in fleet sales, which it said amounted to less than 10 percent of its volume for the month. Yet in an era of hot crossover sales, even its Sante Fe sales were down. Hyundai-Kia is still looking for its first monthly sales gain of 2017.

HONDA: Tight supplies hamper trucks

Dogged by tight supply of its best-known light-truck models and despite an increase in incentive spending, American Honda posted a 1.2 percent decline in July sales to 150,980 units.

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