auto sales

Car Buyers Race to Auto Lots Before Tariffs Kick In
Car Buyers Race to Auto Lots Before Tariffs Kick In
March 11, 2025  |  Retail

American car buyers are reportedly speeding up their shopping due to tariff worries. As Reuters reported Tuesday (March 11), car dealers have an average three-month...

READ MORE >
Car Dealers Offer Promotions as Vehicle Supply Climbs
Car Dealers Offer Promotions as Vehicle Supply Climbs
December 29, 2024  |  Retail

The age of COVID-initiated supply shortages at car dealers is over. And that’s placed pressure on carmakers and dealers to price their unsold wares more...

READ MORE >
June Auto Sales Reporting Thrown off by CDK Cyberattack
June Auto Sales Reporting Thrown off by CDK Cyberattack
July 17, 2024  |  Cybersecurity

As automotive retailers bounce back from the cyberattack on leading tech provider CDK Global, their financial results are murky for the period impacted by the...

READ MORE >
Carvana Expects New Car Production to Boost Used Car Sales
Carvana Expects New Car Production to Boost Used Car Sales
May 14, 2024  |  Transportation

Carvana reportedly expects that as more new vehicles are built, the company’s used car business will benefit. “There will likely be much more car production, and...

READ MORE >
Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
Auto1 Ups Its AI Focus as Car-Sale Profits Jump 23%
May 08, 2024  |  Earnings

European used car platform Auto1 is deepening its artificial intelligence (AI) focus amid record profits. The company on Wednesday (May 8) reported quarterly earnings showing...

READ MORE >
Negative Equity Among Car Owners Reaches Pre-COVID Rates
Negative Equity Among Car Owners Reaches Pre-COVID Rates
December 17, 2023  |  Consumer Finance

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...

READ MORE >
Auto Dealers See Consumers’ EV Enthusiasm Lose Its Spark
Auto Dealers See Consumers’ EV Enthusiasm Lose Its Spark
December 10, 2023  |  Retail

At auto dealerships around the country, electric cars have reportedly become a hard sell. Consumers are worried about the price, range and reliability of these vehicles,...

READ MORE >
Carvana Brings Same-Day Delivery to North Carolina 
Carvana Brings Same-Day Delivery to North Carolina 
August 30, 2023  |  Retail

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...

READ MORE >
Used Vehicles Projected to be 1.1% Cheaper by End of Year
Used Vehicles Projected to be 1.1% Cheaper by End of Year
July 10, 2023  |  Economy

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,...

READ MORE >