Mike Herenberg has been tapped as Quorum’s new Chief Operating Officer, and will work closely with President and CEO Maury Marks on company strategy and execution. In his new role, Herenberg will oversee Quorum’s end-to-end service delivery, including implementation, support, …
Mitsubishi Motors North America (MMNA) has included Motoinsight as a certified digital retail provider. Motoinsight announced its acceptance into MiDIGITALSOLUTIONS, the certified provider program for MMNA, on September 3 and joins other OEMs who have included the company’s MotoCommerce digital …
KAR Auction Services (KAR Global) has signed an agreement to acquire the app/web-based dealer-to-dealer wholesale platform known as BacklotCars Inc. for $425 million, pending regulatory approvals and closing additions. The platform features a 24/7 “bid-ask” marketplace and vehicle inspections performed …
General Motors has formed a strategic partnership with Nikola Corporation, a designer and manufacturer of zero-emission battery- and hydrogen-electric vehicles (such as trucks) and other components. The partnership means that GM owns 11 per cent of Nikola and the right …
General Motors and Honda are considering an alliance on development and supply-chain costs that would build on the OEMs’ collaboration on electric vehicles and technologies. In a joint press release, the automakers said “they have signed a non-binding memorandum of …
Forty-seven per cent of drivers polled in the U.K. want to make the switch to electric, but price, lack of charging points, and range anxiety are getting in the way. The survey was conducted by the AA and ITV’s Tonight …
Tesla CEO Elon Musk reportedly plans to use his Brandenburg, Germany plant to “demonstrate a radical overhaul” of how the vehicle is built, and to make electric battery cells and packs, according to Reuters. “It will be the first time …
With the sale of internal combustion engine vehicles set to be banned in 2035, the U.K. will need to invest £16.7 billion (CA$28.91 billion) in public electric vehicle charging infrastructure to meet that goal. “The research, from the Society of …
Hyundai and Kia are recalling 591,000 vehicles in the U.S. because of a brake-fluid leak in the anti-lock brakes’ hydraulic control unit that could result in an electrical short and fire. The affected vehicles include 440,370 Kia vehicles (283,803 Optima …
After climbing back to within 4.9% of the year-ago norm in July, Canadian auto sales in August were down about 8.9% from the same month in 2019, as estimated by DesRosiers Automotive Consultants (DAC). Estimated sales of 165,837 units for …
Wholesale used vehicles prices were stronger this week, with the car segment up by a record 0.35%, and trucks by 0.49% — their third largest gain in the last two years, according to Canadian Black Book’s COVID-19 Market Update for …
Average new vehicle prices in the U.S. have increased 3.9 per cent ($1,442) year-over-year in August and 0.2 per cent ($72) from the previous month, according to the valuation analysts at Kelley Blue Book. The estimated average transaction price for …
