Used Cars
 

Manheim enters Brazil with acquisition of auction company CarBizz

2:51 pm U.S. ET | Aug. 13, 2014
Manheim, the largest auto auction company in the United States, has expanded its global operations into South America with the acquisition of Brazilian auction company...... Read More »

Honda pushes dealers for buyers' signatures on airbag liability

12:01 am U.S. ET | July 28, 2014
"I understand that if this used car I'm buying is in a crash, the airbag could kill me." That's the gist of a document that American Honda Motor Co.... Read More »

Recalls have little to no impact on residual values, study says

5:16 pm U.S. ET | Aug. 21, 2014
Recalls have almost no effect on vehicle depreciation rates, a new study found.... Read More »

PRICE WATCH

Falling used-vehicle values threaten recovery

12:01 am U.S. ET | Aug. 18, 2014
The long-awaited decline in used-vehicle prices has finally arrived, only it may turn out to be steeper drop and a bigger threat to the overall...... Read More »

Outside companies make inroads with inventory software

12:01 am U.S. ET | Aug. 18, 2014
Independent automotive software companies have begun to recognize the potential for inventory management analytics and now offer their own tools,...... Read More »

Used-vehicle prices to fall 5% by 2017 as supply recovers, ALG says

2:29 pm U.S. ET | Aug. 4, 2014
Used-vehicle prices in the U.S.... Read More »

Penske Q2 net income rises 18% on strong gains in all segments

7:30 am U.S. ET | July 30, 2014
Penske Automotive Group's second-quarter net income rose 18 percent from the year-earlier period on higher new- and used-vehicle unit sales.... Read More »

AutoTrader, Manheim rebrand under 1 entity

12:01 am U.S. ET | July 28, 2014
Manheim and AutoTrader Group, a collection of digital automotive marketing and software companies, are now part of Cox Automotive, according to...... Read More »

Auction Broadcasting sites get makeovers

12:01 am U.S. ET | July 28, 2014
Auction Broadcasting Co.... Read More »

Certified-used sales fall in June, expected to rise for year

12:01 am U.S. ET | July 28, 2014
Sales of certified used vehicles slipped in June for the first time in a year and a half.... Read More »

Happy Birthday, boss! Let's open some stores

12:01 am U.S. ET | July 28, 2014
Sonic Automotive President Scott Smith will get a special birthday present when he turns 47 on Oct. 20.... Read More »

Used-vehicle prices soften, demand strong

12:01 am U.S. ET | July 14, 2014
Used-vehicle prices are beginning to soften as more units come off lease, but they remain above last year's levels and aren't depreciating as fast as...... Read More »

Retail demand, favorable credit keep wholesale used-vehicle prices high

4:29 pm U.S. ET | July 8, 2014
Wholesale prices of used vehicles in June fell 1 percent from the previous month’s level but were 4 percent higher than in June 2013, according...... Read More »

GABE NELSON

GM recall blitz spotlights used-car sales loophole

12:01 am U.S. ET | June 30, 2014
Used-car retail giant CarMax has dozens of Cobalts and Ions listed for sale that haven't had their switches replaced, GM's online VIN database shows.... Read More »

TrueCar to drop 75 franchisees in policy disputes

4:24 pm U.S. ET | June 26, 2014
TrueCar this month plans to drop up to 75 of its 8,000 participating franchisees for failing to honor price guarantees made to car buyers or for...... Read More »

Strong new-vehicle sales bode well for auctions

12:01 am U.S. ET | June 23, 2014
National Auto Auction Association member auctions increased their sales of used cars and trucks 4 percent to 8.... Read More »

Auction companies think outside the block

12:01 am U.S. ET | June 23, 2014
Auction companies are crafting ways for large dealership groups to buy and sell used vehicles more efficiently online and off.... Read More »

Want to relive the 1990s? Just hit the road

12:01 am U.S. ET | June 23, 2014
You'd think the number of really old vehicles on the road would come down given all that "pent-up demand" that has been released in the past couple...... Read More »

Used-vehicle prices dipped in May, but pickup prices edged up

2:35 pm U.S. ET | June 6, 2014
In line with seasonal patterns, overall wholesale prices of used vehicles dipped in May from April levels, but prices of used pickups rose, according...... Read More »

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