(source: en.wikipedia.org)
The retail prices of used vehicles may soon be on the decline. After the largest decline in wholesale prices last month since the pandemic began,...
The Bureau of Labor Statistics (BLS) published a little-noticed piece last month analyzing the part auto dealers’ markups played in new car price tag inflation during...
After a crushing Q4 in which the country’s second-largest seller of used cars saw its unit sales and revenue drop more than 20%, Carvana said...
British auto marketplace Cazoo is selling its German subscription business two years after buying it. The decision, announced in a Friday (Feb. 17) statement, comes after the online...
A spike in the price of new cars has both buyers and auto dealers worried. As The Wall Street Journal (WSJ) reported Saturday (Feb. 4),...
An 86% drop in profits and 22% slump in used car sales saw CarMax stock slump sharply in early trading. This, as the nation’s largest...
Drops in both demand and unit prices in the used car market contributed to unexpected weakness in CarGurus’ latest results, executives said Tuesday (Nov. 8)...
Used car eCommerce platform Carvana said it expects the industry will face headwinds well into 2023, saying it plans continued cost-cutting measures to counter them....
Used car sales startup Cazoo has raised another 100 million pounds ($116 million), which it wants to use to continue buttressing its business, according to...