S&P Mobility Report: Age of Light Vehicles Rises Again
S&P research shows the average vehicle age rose to 12.2 years in 2022, representing a 2% increase from 2021.
S&P research shows the average vehicle age rose to 12.2 years in 2022, representing a 2% increase from 2021.
An Oregon dealer learned that enforcement of the federal Truth in Mileage Act can include tracing the chain of ownership back to the original seller.
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.
A couple who bought a car from Porter Auto Group in Delaware claim the dealership violated the Motor Vehicle and Cost Saving Act by misrepresenting the condition of the vehicle.
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