TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%
TSLA388.900-3.05%
GM78.0500.27%
F12.435-0.275%
RIVN16.8900.48%
CYD42.3200.03%
HMC24.3600.1%
TM212.860-0.32%
CVNA362.240-8.84%
PAG156.0200.89%
LAD274.8700.39%
AN198.2902.48%
GPI335.4802.75%
ABG204.0901.55%
SAH67.3701.48%


used cars

The year-over-year declines in wholesale used car prices indicate a return to pre-pandemic conditions rather than waning demand.

Wholesale used car prices decline 5% year-over-year in April

- May 5, 2023
Wholesale used car prices declined for the first time this year. According to April's latest Manheim Used Vehicle Value Index, prices decreased 3% from March and 4.4% from a year...
Young couple looking at used car inventory

5 ways to rev up your dealership’s used car inventory for tax refund season

- April 3, 2023
The tax refund season, an annual event as eagerly anticipated as the arrival of spring itself is upon us once again. And, so far, the IRS has issued way more...

Weekly Roundup: Rivian fumbles, Manchin makes a stand, used car market updates

- March 31, 2023
Weekly Roundup Earlier this week: Rivian's stock dropped to its lowest, falling roughly 92% from the initial trading of $130 in 2021, used car prices declined 8.7% from February of 2022,...
Frampton

How to make your dealership recession proof — Jason Frampton | Ken Garff Auto Group

- March 15, 2023
Ken Garff Automotive Group, ranked ninth on Automotive News’ list of the top 150 dealership groups, continues to invest and grow their operations. On this episode of Inside Automotive, host...
CPO

CPO sales stronger than predicted in February — Cox Automotive

- March 15, 2023
According to Cox Automotive, Certified Preowned (CPO) sales are up year-over-year despite expectations of a decline. CPO sales climbed 1.9% to 205,946 units from January to February, which constituted a change...
Ziegler controversial remarks

Why Jim Ziegler is urging dealers to re-enter the used car market

- February 24, 2023
When we last met with Jim Ziegler, the 'Alpha Dawg,' a veteran of the automotive retail industry and president of Ziegler SuperSystems, he shared his opinions and predictions regarding the...
used-car dealerships

Best practices used car retailers must prioritize in 2023

- January 16, 2023
Last year was one of the most challenging on record for the pre-owned vehicle market. Despite a strong performance in 2021, many used car retailers faced high vehicle prices and...

What car dealers should look for in digital advertising partners

- January 11, 2023
Despite economic headwinds that will challenge dealers in 2023, PureCars, an automotive digital advertising and merchandising solutions firm, is a valuable tool for dealers looking to work with the proper...
debt, auto-retailer

Carvana seeking financial advice to manage billions in debt

- December 9, 2022
Carvana is seeking financial advice after a difficult year of stock crashes, sputtering demand and high debt. In 2020 the retail company witnessed a record breaking year thanks to a surge...
best vehicle brand

U.S. News & World Report announces 2023 Best Vehicle Brand winners

- November 22, 2022
On Monday, the U.S. News & World Report announced the Best Vehicle Brand and Best Certified Pre-Owned program awards for 2023. The Best Vehicle Brand awards evaluate 38 brands recognized...


CBT News
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