Retail

Ford seen as ‘canary’ with record leases spurring used-car glut

A glut of used vehicles has started to depress prices. That trend will intensify as Americans will return 3.36 million leased cars and trucks this year, another jump after a 33 percent surge in 2016, according to J.D. Power. The fallout has already begun, with Ford shaving $300 million from its financial-services arm’s profit forecast for this year.

 

Don't bet on an Audi smaller than A3/Q3

Audi may have room in its lineup for a larger three-row crossover and for more variants of current vehicles, but probably not for anything smaller than its current A3 sedan and Q3 crossover.

JLR bringing virtual reality to showrooms

Jaguar Land Rover hopes to boost sales using virtual reality to preview upcoming vehicles. All of its global retailers, including U.S. dealers, are

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