used cars

A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners.

Source: en.wikipedia.org

CarMax Focuses on Seamless Customer Experience to Grow Loyalty
CarMax Focuses on Seamless Customer Experience to Grow Loyalty
September 26, 2024  |  Earnings

As CarMax adapts to a shifting automotive landscape, the company is focused on improving the customer experience to maintain its leadership as the nation’s largest...

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Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
May 08, 2024  |  Earnings

European used car platform Auto1 is deepening its artificial intelligence (AI) focus amid record profits. The company on Wednesday (May 8) reported quarterly earnings showing...

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CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
April 11, 2024  |  Retail

CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. “Fiscal 2024 was...

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Cazoo Switches Focus to Become ‘Pure Play’ Automotive Marketplace
Cazoo Switches Focus to Become ‘Pure Play’ Automotive Marketplace
March 06, 2024  |  Transportation

Cazoo’s days of selling used cars are coming to an end. The U.K. company plans to transition into a “pure play” automotive marketplace, Cazoo said in...

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Negative Equity Among Car Owners Reaches Pre-COVID Rates
Negative Equity Among Car Owners Reaches Pre-COVID Rates
December 17, 2023  |  Consumer Finance

An increasing number of drivers reportedly owe more on their loans than their cars are worth. It’s a situation known as negative equity, and last...

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Car Sales Climb as Drivers Finally Retire Older Vehicles
Car Sales Climb as Drivers Finally Retire Older Vehicles
October 02, 2023  |  Economy

American consumers may not want new cars, but they apparently need them. As Bloomberg News reported Monday (Oct. 2), car buyers are visiting dealerships “out of sheer...

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Car Industry ‘Winning’ as Vehicle Supplies Remain Low
Car Industry ‘Winning’ as Vehicle Supplies Remain Low
September 03, 2023  |  Retail

The pandemic-era supply chain issues that hit the car industry may have abated. But that doesn’t mean things are back to normal, and — as...

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Carvana Brings Same-Day Delivery to North Carolina 
Carvana Brings Same-Day Delivery to North Carolina 
August 30, 2023  |  Retail

For the third time this month, Carvana is expanding its same-day delivery program. The online car seller announced in a news release Thursday (Aug. 30) that it would begin...

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Carvana Adds Indiana to Its Same-Day Delivery Roster
Carvana Adds Indiana to Its Same-Day Delivery Roster
August 23, 2023  |  Delivery

Online used-car platform Carvana says it has added same-day delivery to a second state. First rolled out in Arizona, the service is now also available for customers...

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