In a press release, Lucid Motors announced it will live-stream a global launch event called "In the Air and Beyond" on November 15, as it debuts the final two trim...
Carvana shares fell in extended trading after the company announced its third-quarter financial results were worse than expected and reflected a decline in nearly every aspect of the used car...
Today on Inside Automotive, we’re joined in the studio by Brian Finkelmeyer, Senior Director of New Vehicle Solutions at Cox Automotive, to discuss the latest trends for the new and...
From May 2021 to May 2022, the prices of used cars at auction rose more than 12% according to the Manheim Used Vehicle Value Index. The blistering-hot pre-owned market has...
As auto dealerships continue to navigate the challenges of a prolonged new vehicle inventory shortage and disruptions within the supply chain, many now face mounting pressure to find or better...
Dealerships faced major headwinds in 2021 as an anticipated shortage of critical vehicle components like semiconductor chips put the brakes on new car production. This challenged car dealers to turn...
Growing sales and great profit margins weren’t enough to push Carvana into the black through the third quarter of 2021. In the shareholder letter issued on November 4 from founder...
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...
The Manheim Market Report for September 2021 showed that wholesale used vehicle prices have risen to an all-time high once again, and the increase isn’t expected to be at its...
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for the used car department, in-depth dealer interviews,...