Hertz signs deals with Uber, Lyft to supply cars to driversFri, 01, Jul 2016
Hertz reached agreements with Uber Technologies and Lyft, the two largest U.S. ride-hailing startups, to supply drivers with vehicles the rental-car company rotates out of its fleet.
These guys want your used-vehicle sales, profitsMon, 27, Jun 2016
Beepi. Shift. Carvana. Vroom. Don't let the clever names fool you. These tech start-ups aim to take a bite out of the used-vehicle retail industry's lunch.
Vroom will make cash offers to private sellers on eBayWed, 29, Jun 2016
Online veteran eBay and online upstart Vroom have teamed up to pilot a program that will give eBay customers another option to sell their vehicles for cash and Vroom another way to source vehicles for its used-car operations.
CarMax quarterly earnings slide 3.6% despite revenue gainTue, 21, Jun 2016
CarMax's latest quarterly earnings slid 3.6 percent, dragged down by expenses related to store openings, share-based compensation and hail damage to vehicles at the company's stores in Texas.
Used, new small-car prices tumbleMon, 20, Jun 2016
After years of new-vehicle lease growth, a surge in the flow of off-lease vehicles has started. It's already depressing prices of small cars -- used and new -- that consumers don't want anyway. Automakers are taking steps to cope.
Non-BMW dealers can buy off-lease vehicles from BMW FinancialMon, 13, Jun 2016
BMW Financial, assisted by Cox Automotive, is making its off-lease vehicles available to non-BMW dealers. The move comes in anticipation of many years of growth in the number of off-lease vehicles.
Supply puts a drag on used prices, but Manheim index risesTue, 07, Jun 2016
An increase in used-vehicle supply has put a drag on used-vehicle prices. But dealers' skills and efficiencies lifted Manheim's monthly Used Vehicle Value Index despite that supply pressure.