Rock Connections to handle used car sales calls for VroomAug. 22
May U.S. auto sales projected to rise -- slightlyMay 25
U.S. new-vehicle sales are expected to rise very slightly in May from a year ago, narrowly snapping the industry's streak of four consecutive monthly declines. But one forecaster is cutting its outlook for the year after the spring selling season has come in weaker than anticipated.
BMW makes adequate provisions for fall in residual car valuesMay 5
Used-car depreciation to accelerateMarch 6
Nissan's quarterly profit drops 15% on stronger yen, rising incentivesFeb. 9
J.D. Power launches residual-value productJan. 26
Toyota projected to be top resale brand for 2017 model year, KBB saysJan. 25
J.D. Power launches residual-value productJan. 18
Hertz retails retired rental fleet on Shift's platformDec. 13, 2016
Hertz is selling retired rental vehicles on a platform owned by Shift, a startup used-car marketplace. In November, Hertz admitted that it was plagued this year by several problems, including having bought too many compact cars and higher than projected used-vehicle depreciation costs.
Beepi merges with mobile car-buying platform co-founded by Scott PainterDec. 7, 2016
Penske to expand used-only storesDec. 5, 2016
Penske Automotive Group has launched its own line of standalone used-car stores with the planned purchase of CarSense, which owns five used-only stores in the Philadelphia, Pittsburgh and southern New Jersey.