CarMax quarterly earnings fall 5.7%Wed, 21, Sep 2016
CarMax's quarterly earnings dropped 5.7 percent, as customer demand leaned toward older, less expensive used vehicles, the retailer said. It also said a test to deliver used vehicles to customers' homes rolled into Charlotte, N.C.
Shift Finance targets dealerships, private salesWed, 21, Sep 2016
Captive lender Shift Finance, and its parent, peer-to-peer used-car marketplace Shift Technologies Inc., have high ambitions.
Will prime buyers dent service plans?Wed, 21, Sep 2016
Consumers' trend toward used cars, especially certified pre-owned, could eventually slow the growth in sales of extended service contracts.
Online used-car retailer Vroom gets $50 million in new fundingTue, 20, Sep 2016
Online used-car retailer Vroom raised $50 million in a funding round from existing and new investors, bringing the total funding to $218 million.
Cars.com adds VIN scanning to appMon, 19, Sep 2016
Cars.com is making shopping more interactive for consumers perusing dealership lots.
Waiting for used-vehicle prices to fall? Not yetThu, 08, Sep 2016
Used-vehicle prices, drawing strength from dealers' efficient used-car operations and higher new-vehicle transaction prices, continue to defy the gravitational pull of a growing supply of off-lease vehicles.
Watching but not worryingSat, 27, Aug 2016
Third-party sites are keeping an eye on Amazon Vehicles. The new site offers photos, reviews and other vehicle information, but doesn't sell vehicles or offer links to dealerships, so sites such as Cars.com and Autotrader don't see Amazon's site as a direct competitor -- yet.
Lexus tops at turning CPO shoppers into buyersMon, 29, Aug 2016
Lexus dealerships do the best job of converting shoppers who consider certified used vehicles into CPO buyers.
Insights into used-only competitors from NIADAMon, 29, Aug 2016
The NIADA Used Car Industry Report 2016 offers multiple insights into the used-only stores that franchise dealerships' used-vehicle departments compete with daily.
TrueCar to help Avis Budget sell used carsMon, 29, Aug 2016
A partnership between Avis Budget and TrueCar is helping the rental-car company sell more retired rental cars directly to consumers for more money than it can get from selling the vehicles at traditional auto auctions.