Used Cars
 

Used-vehicle prices soften, demand strong

12:01 am U.S. ET | July 14, 2014
Used-vehicle prices are beginning to soften as more units come off lease, but they remain above last year's levels and aren't depreciating as fast as in pre-recession days.... Read More »

Retail demand, favorable credit keep wholesale used-vehicle prices high

4:29 pm U.S. ET | July 8, 2014
Wholesale prices of used vehicles in June fell 1 percent from the previous month’s level but were 4 percent higher than in June 2013, according to the Manheim Used...... Read More »
GABE NELSON

GM recall blitz spotlights used-car sales loophole

12:01 am U.S. ET | June 30, 2014
Used-car retail giant CarMax has dozens of Cobalts and Ions listed for sale that haven't had their switches replaced, GM's online VIN database shows.... Read More »

TrueCar to drop 75 franchisees in policy disputes

4:24 pm U.S. ET | June 26, 2014
TrueCar this month plans to drop up to 75 of its 8,000 participating franchisees for failing to honor price guarantees made to car buyers or for...... Read More »

Strong new-vehicle sales bode well for auctions

12:01 am U.S. ET | June 23, 2014
National Auto Auction Association member auctions increased their sales of used cars and trucks 4 percent to 8.... Read More »

Auction companies think outside the block

12:01 am U.S. ET | June 23, 2014
Auction companies are crafting ways for large dealership groups to buy and sell used vehicles more efficiently online and off.... Read More »

Want to relive the 1990s? Just hit the road

12:01 am U.S. ET | June 23, 2014
You'd think the number of really old vehicles on the road would come down given all that "pent-up demand" that has been released in the past couple...... Read More »

Used-vehicle prices dipped in May, but pickup prices edged up

2:35 pm U.S. ET | June 6, 2014
In line with seasonal patterns, overall wholesale prices of used vehicles dipped in May from April levels, but prices of used pickups rose, according...... Read More »

Consumer awareness aids CPO sales and prices

2:22 pm U.S. ET | May 30, 2014
Certified used-vehicle sales are expected to grow this year and next year in lock step with increases in the supply of late-model used vehicles, the...... Read More »

URGENT STRATEGIES

Retailers want piece of huge used-car market

12:01 am U.S. ET | May 26, 2014
The used-car business is hot, prompting franchised new-car dealers across the nation to pay more attention than ever to their used-vehicle...... Read More »

Top seller CarMax watches as rivals circle

12:01 am U.S. ET | May 26, 2014
CarMax Inc. is the 400-pound gorilla of the used-car market. Now Sonic and Asbury Automotive Group Inc.... Read More »

Sonic, Asbury's paths to stand-alone used-car stores diverge

12:01 am U.S. ET | May 26, 2014
When it comes to stand-alone used-car stores, Asbury Automotive Group Inc. is dipping its toe in the water while Sonic Automotive Inc. is jumping in.... Read More »

U.S. dealership employment tops 1 million for first time since '08, NADA says

6:00 am U.S. ET | May 22, 2014
Dealerships in the United States employed more than 1 million people in 2013, the first time the industry has topped that threshold since 2008, early...... Read More »

Used-vehicle prices rise on strong retail demand, fewer off-rental units

9:33 am U.S. ET | May 8, 2014
Strong retail demand for used vehicles helped lift wholesale prices of used cars and trucks in April, defying market expectations, the nation's...... Read More »

THE GM RECALL

Chevy dealer in Arizona being probed for sale of recalled car

11:57 am U.S. ET | May 6, 2014
A suburban Phoenix Chevrolet dealership is under federal investigation, accused of selling a recalled car without doing repairs that General Motors...... Read More »

ADESA's online, dealer-owned vehicle sales rise

3:17 pm U.S. ET | May 6, 2014
KAR Auction Services, parent of ADESA, reported first-quarter net income fell 29 percent to $20.7 million, as revenues rose 5 percent to $583.... Read More »

Black Book replaces KBB as Cars.com's used-vehicle value provider

3:26 pm U.S. ET | April 28, 2014
Black Book, best known for its wholesale used-vehicle values, is now the official valuation service for Cars.... Read More »

Asbury's 'Q auto' stores to sell used cars

12:01 am U.S. ET | April 28, 2014
Asbury Automotive Group Inc. is joining fellow public retailer Sonic Automotive Inc. in opening stand-alone used-car stores.... Read More »

EDITORIAL

Expecting a flood of used vehicles? Learn to swim

12:01 am U.S. ET | April 28, 2014
As a drought in used-vehicle inventory is ending, dealers and automakers must prepare to change how they do business.... Read More »

Special Report
Fewer bosses, Disney savvy, $2 idea lift stores

Fewer bosses, Disney savvy, $2 idea lift stores

A Chrysler Group dealership chain is stripping away layers of management to sell cars faster. A Chevrolet-Cadillac store is enchanting customers through Disney training. Mon., July 21
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