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.
App helps dealers make fast bids for consumers' vehiclesMon, 30, May 2016
Cars.com and Pearl Technology have partnered to help dealers buy consumer-owned used vehicles. But dealers have to be quick to win the deal.
Q auto’s smaller stores yield bigger resultsMon, 30, May 2016
Asbury will add two smaller stand-alone used-vehicle stores in the Tampa area this summer, bringing its total there to four, after having closed its only large-format store in Jacksonville, Fla., in February. The larger store couldn't generate enough volume to break even, said CEO Craig Monaghan.
CarGurus validates used-car prices on dealership sitesMon, 30, May 2016
CarGurus has become the latest third-party shopping site to allow dealers to place its rating of used-vehicle prices - such as “good deal” or “great deal” - directly on a dealership website's inventory pages.