(source: en.wikipedia.org)
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...
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...
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...
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...
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...
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...
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...
British online auto marketplace Cazoo has reported upbeat second quarter and first half 2023 financial results, months after completing its withdrawal from European businesses to concentrate exclusively on its U.K....
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,...