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S&P research shows the average vehicle age rose to 12.2 years in 2022, representing a 2% increase from 2021.
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General Motors' decision to open up its remarketing channel to consumers through an online car-buying portal may give dealers pause, but officials said the move is designed to help GM dealers compete with third-party sites that are disrupting the used-car market.
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EFG Companies’ MAP My Miles allows car buyers to customize their VSC to their personal driving habits.
Read More →Hyundai and Kia voluntarily reduced their fuel economy rating after an audit by the EPA found that the carmakers overestimated their fuel ratings for new models. The company has agreed to reimburse vehicle owners to cover the additional fuel costs.
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