C.J. Moore

Some wholesale auction companies are working to better disclose battery health on used EVs and plug-in hybrid vehicles.

CarMax's volume and profit drop stoked fears of a more prolonged demand deterioration in the used-car market.

As more automakers commit to EV lineups, a cautious wholesale auction industry examines what else it needs to do to handle the expected electric influx.

Used-vehicle retail giant CarMax said Thursday it sold fewer used vehicles in its second fiscal quarter due to ongoing financial pressures affecting retailers in the market.

Many complications arise when EVs shift from their new and shiny phase into the used part of their life cycle. Wholesale auctions leaders, dealers and other used-vehicle business leaders are preparing their operations to address the inevitable influx of used EVs.

In mid-May the Illinois Secretary of State filed several motor vehicle-related charges against Paul Breaux, who is identified on Carvana's investor relations website as the company's general counsel since August 2015.

Carvana and Illinois secretary of state met Wednesday for a scheduled hearing, the latest in a legal challenge that's unfolded over the online retailer's license to sell used cars and trucks in the state.

Cox Automotive said wholesale prices declined 4 percent compared with July.

Germain Motor Co. has opened 10 vehicle buying centers to supplement its used-vehicle inventory and to give consumers a place to sell their vehicles without feeling pressured to agree to a traditional trade-in process.

ACV claims its rivals worked to prevent it from gaining necessary access to AutoIMS, a remarketing platform widely used by commercial consignors in the industry.

Shift Technologies Inc. is restructuring its operations to focus on its West Coast presence and position itself as a retailer of budget-minded used vehicles.

After market challenges, online player Shift Technologies is revamping its used-car operations to include job cuts and a merger with used-vehicle consignment company CarLotz.

Shifting market conditions are starting to pressure auto retailers' used-vehicle business plans and profits.

Shift Technologies announced that it plans to merge with used-vehicle consignment company CarLotz.

Vroom Inc. said Monday it cut employment by 337 positions and sold far fewer vehicles in the second quarter.