Online dealer delivers for mail carriers

An online used-vehicle retailer specializes in an obscure but profitable niche — right-hand-drive Jeep Cherokees from Japan.


ADESA parent says Q1 net, revenue rise 14% on more auction activity

ADESA parent KAR's first-quarter net income and revenue both rose 14 percent, driven in large part by a surge in income at its auctions. Acquisitions also pushed the results up.

MORE USED CAR NEWS SALES MARKETING

May U.S. auto sales projected to rise -- slightly

U.S. new-vehicle sales are expected to rise very slightly in May from a year ago, narrowly snapping the industry's streak of four consecutive monthly declines. But one forecaster is cutting its outlook for the year after the spring selling season has come in weaker than anticipated.


Off-lease glut? That ain't the problem

A glut of vehicles is threatening the industry's good times. But contrary to the predictions and pundits, it's not too many used vehicles. It's too many new ones.


Carbiz goes toe to toe with CarMax

Some dealers shudder when they hear used-car giant CarMax is opening a store down the road. This used-only dealer deliberately placed his second store next to a CarMax. Here's his strategy.

COMMENTARY: Keith Crain
Watch out for off-lease cars

We are flooding the market with low-mileage used vehicles with warranties that could throw a monkey wrench into the new-car marketplace.

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