On the Dash:
Inventory rises but supply stays tight – Used-vehicle lots hit 2.21 million, yet the days’ supply remains low at 43 days.
Sales remain strong – August retail...
On the Dash:
Hertz is partnering with Amazon Autos to sell pre-owned vehicles online, allowing customers to browse, e-sign, and pick up cars at Hertz locations.
The collaboration expands Hertz’s...
Amazon is expanding its online car marketplace beyond new Hyundai models to include used and certified pre-owned (CPO) vehicles from participating local dealerships. This new offering, starting in Los Angeles...
Vigilance has always been part of the job in the auto industry, but in recent years, it’s become mission-critical. With high-value inventory parked in plain sight and thieves growing bolder...
As used car prices remain near historic highs, dealers continue to navigate affordability concerns and inventory shortages. In today’s episode of CBT Now, Seth Rosen, used car director at Subaru...
In May, wholesale used-vehicle prices experienced a notable decrease, according to the Manheim Used Vehicle Value Index (MUVVI), which fell to 197.3, marking a 12.1% drop from last year. The...
According to Cox Automotive's analysis of vAuto Live Market data, the inventory of used vehicles at the start of May increased compared to April. This rise comes as the expected...
Is the process of buying a car still difficult for consumers, despite the technology boosting digital retailing? Recently, CDK Global released its December Ease of Purchase Auto Dealership Summary, which...
According to the latest Manheim used-vehicle data, wholesale used-car prices dropped 1.3% from May to June. The supply of used cars has returned to normal levels, demand is still high,...
On this special edition of CBT News, Jim Fitzpatrick sits down with Mike Jackson, CEO of AutoNation to discuss the company's six straight record-breaking quarters and his proudest moments at...