Ford seen as ‘canary’ with record leases spurring used-car glut

A glut of used vehicles has started to depress prices. That trend will intensify as Americans will return 3.36 million leased cars and trucks this year, another jump after a 33 percent surge in 2016, according to J.D. Power. The fallout has already begun, with Ford shaving $300 million from its financial-services arm’s profit forecast for this year.

 

J.D. Power launches residual-value product

J.D. Power has launched its own residual-value product, putting it in competition with TrueCar Inc.'s ALG and others at a time when lease originations are at record levels.

Agreements reached in dispute on open recalls

In the ongoing dispute over how dealerships can advertise and sell used vehicles which have open recalls, particularly certified used vehicles, the

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