Read the August issue of Fixed Ops Journal, the parts,
service and collision magazine from Automotive News.

Used-vehicle prices falling amid glut

Car sales in the U.S. have been rising for seven consecutive years now, and it's denting the value of whatever is currently parked in your garage or driveway. With so many new cars rolling out of dealerships lots and instantly becoming used cars, the secondary market is glutted and the pace of depreciation is rapidly accelerating.


China eclipses U.S. in Honda's world view

Honda's rapidly expanding footprint in China spotlights how the world's biggest auto market is pulling focus and resources away from the United States. The Japanese automaker is setting priorities in everything from production to product development.

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MORE SALES NEWS MARKETING USED CARS
Year's end is facing glut of cars

In the closing weeks of the 2017 model year, the U.S. auto industry has a glut of slow-selling cars and GM unable to work its way out of some deliberate overstocking.

Hertz CEO touts turnaround plan after Q2 loss

Hertz says it is making advances slimming its bloated fleet of fast-depreciating cars, tempering concerns about the rental-car company's financial footing as tech giants challenge its business model.

Penske bullish on used-car ventures

When Penske Automotive agreed to buy CarSense in the U.S. and CarShop in the U.K., Chairman Roger Penske said he was "cautiously optimistic" about the used-car ventures. He has since dropped the "cautiously."

N.A. an anchor on Honda earnings

North America emerged as a weak link for Honda in the latest quarter as falling regional sales and profits weighed down a meager uptick in global operating profit.

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