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A deluge of lightly-used cars in the US is good news for independent dealers, auto auction houses and car buyers. Not so much for automakers.
Three people were killed at a Massachusetts auto auction Wednesday in what police believe to be an accidental crash.
Shares of used-car retailer Carvana fell 26 percent below the company’s initial pricing in their Wall Street debut on Friday.
New York's attorney general has reached legal settlements with 104 dealerships it identified as having sold vehicles without disclosing open safety recalls.
A glut of vehicles is threatening the industry's good times. But contrary to the predictions and pundits, it's not too many used vehicles. It's too many new ones.
High court rejects GM effort to block ignition-switch cases; Buick Avenir on Denali's path; BMW dealers seek more 5 series; What's behind used-car price drop; Driverless at Amazon?
Some dealers shudder when they hear used-car giant CarMax is opening a store down the road. This used-only dealer deliberately placed his second store next to a CarMax. Here's his strategy.
Our annual ranking of the top 100 dealership groups by used-vehicle sales shows solid gains in used unit sales and revenues for those retailers.
Wholesale prices for full-size cars outperformed other car classes in March, gaining while auction prices for all other car segments fell.
KAR Auction Services will acquire DRIVIN, which aggregates automotive retail, pricing, registration and economic data to match vehicle inventory to dealer demand.
We are flooding the market with low-mileage used vehicles with warranties that could throw a monkey wrench into the new-car marketplace.
Prices for used cars and trucks could fall 15 to 20 percent as dealerships become awash in off-lease vehicles, creating “a big problem” for new-vehicle sales, an analyst said.
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