CarMax opens first four-lane auction on West CoastFri, 17, Feb 2017
CarMax opened a vehicle reconditioning and four-lane auction center in Murrieta, Calif., on Thursday, making it CarMax’s largest multipurpose location on the West Coast, the used-vehicle mega-retailer said.
Zipcar shutters Detroit officeWed, 08, Feb 2017
FTC sued over sale of certified used carsTue, 07, Feb 2017
The Center for Auto Safety and five other groups filed a lawsuit against the Federal Trade Commission for allowing used cars to be advertised as "certified" or safe despite being the target of an outstanding safety recall.
Analyst warns of incentives' pressure on used pricesFri, 27, Jan 2017
Incentive spending, combined with a glut of off-lease vehicles returning to market, could push used prices down by about 4.8 percent this year, the lowest level since the economy was emerging from the recession in 2010, one analyst says.
Ford aftermarket device will boost connectivity in older modelsFri, 27, Jan 2017
Ford will offer an aftermarket plug-in device to add new technology to older vehicles. The device, Ford SmartLink, will plug in to a vehicle's OBD-II port below the steering wheel, and enable 2010-16 model Ford and Lincoln vehicles to download the latest Ford Motor technology, the automaker said in a statement Friday.
Will this be the year used-car prices fall?Mon, 30, Jan 2017
New-, used-vehicle financing trends convergeThu, 26, Jan 2017
Finance trends in the new- and used-vehicle markets are merging, as shown by product announcements and data presented at the American Financial Services Association's vehicle finance conference this week in New Orleans.