New Cox Automotive projections show used car prices dipping more than previously expected. The forecast from the automotive industry data solutions company Wednesday (Oct. 7) comes as consumers continue to exhibit declining sentiment amid high interest rates and gas prices. Cox says it has lowered the year-end outlook for...
Used-car giant Carvana is reportedly making a push into the new vehicle market. As The Wall Street Journal (WSJ) reported Monday (May 18), the company has acquired a network of seven Stellantis dealerships, a move that the report said is disrupting traditional sales models while...
Wholesale used vehicle prices increased by 4% year over year in February, driven by warmer weather and larger-than-usual tax refunds, Cox Automotive reported Friday (March 6). The company’s Manheim Used Vehicle Value Index (MUVVI) reflected this increase, rising by 0.8% month over month. That’s unusual,...
Ford has teamed with Amazon Autos to expand the reach of its used vehicle offerings. Car buyers can now search for, finance and buy Ford Blue Advantage certified pre-owned (CPO) Ford vehicles using Amazon’s automotive market, Wendy Lane, senior manager of Ford Blue Advantage vehicles, wrote on the automaker’s website Monday...
March 21, 2025
Tariff pressures are squeezing the retail and eCommerce sectors. What are the two behemoths dominating the space, Walmart and Amazon, doing in response? The answer, according to the news this week, is doubling down on technology to enhance operational efficiency and making calculated moves to capture new markets in the face of ongoing uncertainty. Artificial […]
December 13, 2019
Twenty-minute test drives are so 20th century. Thanks to digital technology and shifting consumer habits and expectations, that longstanding feature of consumer and automotive culture could face extinction, at least...
October 29, 2026
Carvana is hoping to reap the benefits of agentic commerce as it enjoys record revenues. The online used vehicle marketplace reported quarterly earnings Wednesday (Oct. 28) showing $8 billion in revenue, a 42% increase year over year. “In the last two years, we have doubled the number of customers we serve while continuing to lead the industry in […]
October 07, 2026
New Cox Automotive projections show used car prices dipping more than previously expected. The forecast from the automotive industry data solutions company Wednesday (Oct. 7) comes as consumers continue to exhibit declining sentiment amid...
May 18, 2026
Used-car giant Carvana is reportedly making a push into the new vehicle market. As The Wall Street Journal (WSJ) reported Monday (May 18), the company has acquired a network of...
March 06, 2026
Wholesale used vehicle prices increased by 4% year over year in February, driven by warmer weather and larger-than-usual tax refunds, Cox Automotive reported Friday (March 6). The company’s Manheim Used...