Black Friday deals — a relatively new phenomenon for the auto industry — are expected to pull November U.S. auto sales out of their recent slump.
The Flint business will become part of KAR’s Adesa unit, which offers wholesale used-vehicle auction services.
The deal, which still needs to be approved by the full council, would give the city $45,000 per year in franchise fees.
The electric car-sharing service is barely 15 percent of the way toward critical mass for profitability. It has targeted local college campuses, groceries and cultural attractions as growth engines as it continues broad expansion plans.
Local cab drivers have complained that current rules put them at a disadvantage when trying to compete with ride-sharing services Uber and Lyft.
A federal appeals court ruling that General Motors can't use its 2009 bankruptcy to fend off lawsuits over faulty and dangerous ignition switches exposes the automaker to billions in additional liabilities, according to legal experts.
However, after six straight years of growth—and record sales of 17.5 million last year—U.S. sales are beginning to plateau.
Indiana residents buying vehicles will have extra days to get their titles and plates beginning Friday. And auto dealers will have more time after a sale to deliver a title.
Three central Indiana Toyota dealers lost their battle to stop a fourth from moving into their vicinity as the Indiana Supreme Court ruled Thursday they did not have standing to stop the move from happening.
Volvo Trucks North America had requested that the verdict be thrown out, arguing that “no reasonable jury could award damages” based on the evidence presented at trial.
Sales of cars, trucks and SUVs fell 6 percent last month, to 1.54 million, according to AutoData Corp. It was the biggest monthly drop in nearly six years.
BlueIndy, the electric car-sharing service that was launched in Indianapolis in September, has installed 20 “Bluecars” in the airport’s daily parking garage.
Andy Mohr Automotive Group Inc. has acquired Stephens Honda and Stephens Hyundai in Bloomington, the Indianapolis-based dealer announced Wednesday.
Tesla Motors Inc. prevailed Thursday in Indiana, where lawmakers sidelined a bill that would have kicked the company out of the state unless it establishes dealerships.