Average for new and used vehicles decreased in the third quarter.
August supplies down as summer sales surge, Cox Automotive says.
Dealers and lenders renew their interest in the once-overlooked practice of used car leasing.
Consumers financed more than 91,000 used electric vehicles (EVs) in 2022, up 45% from 2021, according to Experian data.
AutoNation predicts demand for new vehicles will continue into next year, as low-interest rates and robust demand helped the retailer boost quarterly earnings estimates.
A Trump-era USMCA interpretation could subject used vehicles shipped to the U.S. to import fees.
Veteran of TrueCar, eBay Motors, Google, Autobytel/AutoWeb charged with further innovating and expanding SureSale’s platform for quality used vehicles.
Veteran automotive tech entrepreneurs have developed a standardized certification-as-a-service platform to expand the availability of CPO inventory for 40 million used car buyers.
The third-party audit confirms AUL’s internal controls are in accordance with the selected Institute of Certified Public Accountants’ trust services principles and criteria. For the company’s customers and partners, SOC 2 compliance demonstrates that AUL has industry leading controls in its data systems, technologies, and processes.
Ally Financial said it will make up to $750 million available to DriveTime for the purchase of retail contracts over the coming year.
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