BMW moves deeper into Silicon Valley with Shift investment

BMW's venture capital fund poured $38 million in a Silicon Valley online used-car startup focused on younger buyers, the company said Wednesday.


Automakers, auctions align to prop up used-car prices

Facing a glut of off-lease cars but armed with detailed, real-time pricing data that was not available during the last downturn, auctioneers can now help automakers and dealers figure out where a used vehicle can fetch the best price.

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