Eying the link between new, used prices
Anything that reduces the prices of new vehicles also reduces the prices of used vehicles. That's why used-price forecasters have their eye on rising new-vehicle incentives.
Where's that used-vehicle price plunge?
After used-vehicle prices went up steadily over the last few years, forecasters agreed that those prices would fall in 2016. But that hasn't happened -- yet. Here's why.
Louisiana flooding takes toll on dealerships' employeesAs floodwaters slowly recede in the area around Baton Rouge, La., auto dealerships are trying to do business with a limited number of employees, many of whom are dealing with losses of their own.
'Moderate' number of damaged vehicles expected from Louisiana floodingUPDATED: 8/16/16 6:49 pm ET - adds details As rivers across much of southern Louisiana slowly recede from record high levels, it remains unclear how many vehicles have been damaged or destroyed because of flooding. Severe storms and flooding began on Thursday, dumping more than two feet of rain in three days in some places.
Asbury expands online sales experimentAsbury Automotive Group Inc. is trying a low-cost approach to selling vehicles online.
Used-car prices start to soften
After showing strength in the first half of the year, used-vehicle prices are beginning to soften.
U.S. market still has upside, some industry CEOs sayU.S. auto sales still have room to grow, some auto industry leaders believe, casting aside worries that the six-year expansion is about to lose steam.
Online used-car startup Carvana gets $160 million in new fundingOnline used-car startup Carvana, known for delivering vehicles through vending machines, said today it closed a $160 million funding round that brought the total raised to nearly half a billion dollars.
Cox allows competition among subsidiaries
Stockwave, an auction software, goes after the vehicles that best fit a dealership's needs, even if those vehicles are at Manheim's competitors.