Subprime lender American Car Center has reportedly closed amid a rise in auto loan delinquencies. The Memphis-based used car seller notified employees Friday (Feb. 24)...
Inflation and an uptick in new vehicle production have dampened the market for used cars. That’s according to a report late Monday (Jan. 30) from...
The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov....
CarMax’s recent results signal some trouble spots that extend far beyond the used car industry and hint at some of the fires that may flare...
In a way, used cars are like stocks, options and bonds from the point of view of Ryan Davidson, founder and CEO of Trade X,...
Can digital technology really take the hassle out of used car sales – and compete with dealerships and lots? Is there a better way to...
With car sales in the U.S. increasing for seven straight years, it is having a negative impact on used car values. According to a report...
Carvana, the eCommerce platform for buying used cars, announced Tuesday (June 6) its first quarter results, which showed it sold 8,334 cars, an increase of...
Imagine dropping in a coin and watching your newly purchased vehicle be retrieved and brought down to the ground floor. For people in Austin, Texas,...