Eying the link between new, used pricesMon, 22, Aug 2016
Anything that reduces the prices of new vehicles also reduces the prices of used vehicles. That's why used-price forecasters have their eye on rising new-vehicle incentives.
'Moderate' number of damaged vehicles expected from Louisiana floodingTue, 16, Aug 2016
As rivers across much of southern Louisiana slowly recede from record high levels, it remains unclear how many vehicles have been damaged or destroyed because of flooding. Severe storms and flooding began on Thursday, dumping more than two feet of rain in three days in some places.
Asbury expands online sales experimentMon, 15, Aug 2016
Asbury Automotive Group Inc. is trying a low-cost approach to selling vehicles online.
U.S. market still has upside, some industry CEOs sayWed, 10, Aug 2016
U.S. auto sales still have room to grow, some auto industry leaders believe, casting aside worries that the six-year expansion is about to lose steam.
Online used-car startup Carvana gets $160 million in new fundingWed, 10, Aug 2016
Online used-car startup Carvana, known for delivering vehicles through vending machines, said today it closed a $160 million funding round that brought the total raised to nearly half a billion dollars.
Wholesale used-vehicle prices rise for 4th straight month, Manheim index showsFri, 05, Aug 2016
Wholesale used-vehicle prices rose for a fourth straight month in July, despite predictions prices would fall in 2016 as a flood of off-lease vehicles came on the market, according to the Manheim Used Vehicle Value Index released Friday.
Enterprise does more than rent cars -- and now its ads say thatWed, 03, Aug 2016
Enterprise doesn't want to just pick you up. It wants to sell you a car, too. Even though the rental car giant has been selling vehicles since 1962, that side of its business has been mostly absent from its TV advertising. That will change this week.