Auto News
Corvette to Sell for a Pretty Penny
Preproduction peek at the ‘Quail Silver’ limited edition of the 2026 Corvette ZR1XGeneral Motors The new Corvette will come with an eye-popping price for a domestic sports car.General Motors announced pricing for the 2026 ZR1X, plus a limited-edition version, calling it the model’s “most advanced” iteration and “a true American hypercar.”Even the base version will…
Flood-Damaged Cars Estimated
The states with the most water-damaged cars are led by Florida, with an estimated 82,000, Texas with 63,000, and Kentucky with 32,000, Carfax estimates. Pexels/Gabriel Hohol Up to 45,000 vehicles have been damaged in the early stages of the hurricane season, according to Carfax estimates. The vehicle data provider, including a vehicle history report, offers…
Chinese Automakers Make More EU Inroads
New-vehicle registrations in Europe were flat during the first six months of 2025 at 6.8 million units. Pexels/Ashley Fontana Chinese automakers gained market share in Europe in the first half of the year as the continent’s overall new-vehicle market contracted. The group of brands nearly doubled market share year-over-year to a record 5%, according to…
Tariff Tea Leaves Sad
Oversize American cars aren’t typically in demand overseas, AutoForecast Solutions’ outlook pointed out. Meanwhile, higher import duties could price some entry-level model imports out of the U.S. market. Pexels/Julien Goettelmann An August assessment of U.S. trade tariff effects and outlook for the auto market depicts a rough road ahead. The AutoForecast Solutions analysis looks at…
The F in F&I Stands for Fun
Customers’ instinct for risk aversion should make their stop in the F&I office productive, as well as fun, McCormick told EFI Conference participants. Like a good salesman – and he used to sell F&I products – training expert Rick McCormick knows the value of a good prompt. At this year’s Ethical F&I Managers Conference, he…
Auto Borrower Divide Deepens
Edmunds calculated the average monthly payment for borrowers who rolled negative equity into a new-car loan at $915 in the second quarter, the highest it’s ever observed for the category. Pexels/Pixabay A tale of two types of automotive loan consumers has been shaping up as car price inflation and high interest rates combine to stretch…
Penn., Utah Auto Dealers Get AAA Nods
A franchised auto dealership was recognized in all three auto-repair awards categories. Pexels/Artem Podrez Several franchised auto dealerships won awards for service excellence from AAA. The AAA-approved auto-repair providers honors followed a review of submitted nominations by a panel of experts from the organization. “These outstanding partners have consistently achieved high member satisfaction, provided excellent…
DOWC Earns Fifth Straight Dealers’ Choice Award
DOWC earned its fifth straight Dealers’ Choice Award for Reinsurance & Participation, as voted on by dealers nationwide. Photo: DOWC DOWC has earned national recognition for the fifth year in a row, receiving the 2025 Dealers’ Choice Award in the Reinsurance & Participation category. The award highlights the company’s continued work in providing dealers with…
Automotive Amplifiers Contest Finalists Named
Five finalists will present their best practices at Amplify 2025, with winners earning a $5,000 charity donation and industry recognition. Photo: Reynolds and Reynolds The Reynolds and Reynolds Co. has announced five finalists in its 2025 Automotive Amplifiers Contest. Finalists will present their best practices at Amplify 2025 in Dallas on Aug. 19. “With so…