Although economic conditions are worsening, the lack of supply is still the greatest headwind facing the auto industry.
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Marty D'Amato will lead the company’s operations, people, processes, and technology to meet rising client demand for reconditioning services.
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Karol Kirby Ahmed was recently featured on local TV news in a story about women-lead auctions.
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Along with lanes full of cars, food and giveaways, dealers from surrounding states were witness to the inaugural sale of the new operation.
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The typical monthly payment hits a record of $712.
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As gas prices surged to record levels, inventory of imports, especially smaller, fuel-efficient models, including hybrids, was among the lowest in the industry at the end of May.
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The average listing price as May closed dipped to $28,312, compared with a revised $28,372 at the end of April.
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Electric trucks are hitting the market as manufacturers struggle to keep up with consumer enthusiasm and demand, according to a Recurrent study.
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May’s CPO sales result is the lowest since February, also down over 22% from May 2021.
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An iSeeCars study found that purple- and red-colored cars hold their value the best in the sedan segment. But would you acquire them for fleet?
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