Penske Automotive Group Plans Going-Private Deal
Penske Corp. and Mitsui & Co. Ltd. propose buying the shares they do not already own in a $3.9 billion stock transaction.
U.S. Buying/Selling News
Across the United States, coverage here takes in new and used vehicle inventory, dealership dynamics, trade-in values and consumer financing. This page tracks the national market for automobiles as it shifts for both buyers and sellers.
Recent news
November 6, 2026
CarGurus Revenue Rises 12%, Authorizes $250M BuybackThe online automotive marketplace reported third-quarter 2026 results and expanded its dealer software offerings.
November 5, 2026
Certified Pre-Owned Demand Stays StrongA Cox Automotive survey finds most planned vehicle buyers view certified pre-owned cars as appealing, though GM's CPO sales dipped in September.
November 5, 2026
EchoPark Launches Largest Brand Awareness CampaignSonic Automotive plans a major ad push for its used-only EchoPark channel while opening a new Orlando-area location.
November 5, 2026
Shoppers Use Payment Tools Across Credit TiersA FlexPath DXP Research study of verified dealership activity found payment-based shopping tools are widely used regardless of credit profile.
November 4, 2026
Used Car Prices Hit Record HighsThe average three-year-old used vehicle now tops $32,000, while cheaper options have largely disappeared from the market.
November 4, 2026
Richmond Sells 1961 DeSoto Hardtop for $80,000A factory-correct 1961 DeSoto hardtop sold at no reserve for $80,000, setting a new record for the model.
November 4, 2026
Ford Sales Dip 0.8% as Escape Production EndsFord's October U.S. sales slipped slightly as the Escape and Corsair ended production, while F-Series and large SUVs posted gains.
November 4, 2026
JPMorgan Downgrades AutoNation to NeutralJPMorgan cut its rating on the auto retailer to Neutral from Overweight while keeping its $185 price target unchanged.
November 3, 2026
Agora Data Expands Dealer Funding to Near-Prime BuyersThe fintech company now offers funding options for customers with FICO scores of 660 and below.
November 3, 2026
Dealer-Owned 1987 Buick Electra Sells for $16,000A no-reserve Bring a Trailer auction ended with a 1987 Buick Electra Estate selling for $16,000.
More in Buying/Selling
Day to day, that means market pricing trends, manufacturer incentive programs, inventory levels across dealerships and shifting financing rates for consumers. It reaches every state, from urban showrooms to the digital marketplaces serving rural areas. Financing rates often fluctuate with broader economic conditions, which directly impacts how long vehicles remain on lots. The balance between new car supply and used vehicle demand remains the most consistent driver of market volatility.