Retail leasing applicants registered a 70% approval rate on Swapalease during April, a 10% increase from the same time last year, the company announced.
Read More →
Manheim has grown its partnership with Carvana, allowing the online used car retailer to streamline its wholesale purchases and sales from Manheim, according to a company announcement.
Read More →
Hyundai and Lexus offer the best certified-vehicle programs in 2018 for consumers shopping for used vehicles, according to the third-party shopping website Autotrader.
Read More →
Overall, car segment values decreased 0.27% last week, compared to 0.08% the week before. Overall truck segment values decreased 0.05% last week, compared to 0.08% the week before.
Read More →
Late-model auction volume was down 1.6% year-over-year in April, according to J.D. Power’s May Used Car and Light Truck Guidelines.
Read More →
RMS Automotive is partnering with Manheim to develop a vehicle recommendation engine for wholesale buyers, according to a company announcement.
Read More →Carvana has opened its newest car vending machine in Charlotte, N.C., bringing the number of vending machines it operates nationwide up to nine and the number it operates in the state up to two, according to a company announcement.
Read More →
Westlake Financial Services will now list its vehicles on SmartAuction, as part of an agreement between Westlake and Ally Financial, according to a company announcement.
Read More →
Manufacturers may choose to absorb higher federal interest rates on new vehicles to keep prices from rising higher than they have been with heavier incentives, but this could have an adverse effect on residual values.
Read More →SUV segments drove auction volume in March, according to J.D. Power’s April Used Car and Light Truck Guidelines Industry Update. Luxury compact utility volume was up 71.7% and large utility volume was up 27.8%.
Read More →
