Hertz shares bear brunt of 'freak out' over used-car price drop

As investor concern spreads about the plunging prices of used cars in the U.S., one company and its top investor are enduring the biggest beating: Hertz and Carl Icahn.


Compacts show strength

Tax refunds, often used as down payments on used cars, have trickled out more slowly this year. In turn, previously beaten-down prices of used compact and subcompact cars have shown strength in recent weeks, according to Black Book data.


Ford's health plan: Slim down inventory

Ford is determined to avoid a glut of unsold cars and trucks piling up on dealer lots by trimming production - even if its vehicle volumes are

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MORE SALES NEWS MARKETING USED CARS

Compacts show strength

Tax refunds, often used as down payments on used cars, have trickled out more slowly this year. In turn, previously beaten-down prices of used compact and subcompact cars have shown strength in recent weeks, according to Black Book data.


Ford's health plan: Slim down inventory

Ford is determined to avoid a glut of unsold cars and trucks piling up on dealer lots by trimming production - even if its vehicle volumes are relatively healthy compared to the rest of the industry.


Big auction houses strive for velocity

The glut of off-lease vehicles returning to market is causing the nation's two largest auction groups to double down on the concept of velocity -- albeit in slightly different ways.


Mercedes-AMG expects another vroom year

Following a big rollout of new models, Mercedes-AMG sales are up 30 percent so far in 2017, according to Mercedes-Benz USA. While the pace will slow, a double-digit percentage increase is expected for 2017.


VW hurries new EVs to meet CO2 targets

Volkswagen must have the first of its I.D. purpose-built electric cars on sale in 2020 to achieve CO2 reduction targets in Europe and China, company executives say. VW plans to approve in August the design of the first vehicle, a Golf-sized hatchback based on the I.D. concept.

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