Used Car NewsUsed Car News

  • ABG 72.50 -0.08 - -0.12%
  • AN 54.70 -0.13 - -0.24%
  • CACC 118.16 -0.11 - -0.09%
  • CAR 57.95 +0.41 - +0.71%
  • CARZ 40.44 -0.01 - -0.02%
  • CPRT 36.93 -0.23 - -0.68%
  • CPSS 7.99 +0.18 - +2.49%
  • CRMT 37.46 +0.30 - +0.81%
  • DAI N/A - N/A
  • F 17.48 +0.015 - +0.09%
  • FIATY 0.00 -0.15 - -1.47%
  • GM 34.30 -0.14 - -0.41%
  • HMC 36.08 -0.18 - -0.50%
  • HTZ 30.00 +0.27 - +0.95%
  • KAR 29.77 -0.15 - -0.50%
  • KMX 50.17 +0.63 - +1.27%
  • LAD 94.05 +0.52 - +0.57%
  • MZDAF 0.00 0.00 - 0.00%
  • NSANY 0.00 +0.035 - +0.18%
  • PAG 51.69 -0.68 - -1.42%
  • SAH 24.99 +0.40 - +1.64%
  • TM 124.00 -0.54 - -0.45%
  • TRAK 42.58 +0.91 - +2.38%
  • TSLA 229.36 +3.91 - +1.74%
  • TTM 41.49 -0.48 - -1.19%
  • VLKAY 0.00 -0.3745 - -0.79%
  • VROM N/A - N/A

Featured News

GWC Adds Elite Program
GWC Warranty recently rolled out the GWC Elite Dealer Program to its best dealers.
In additio...

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Suzuki Recalls Cars for Melting Modules
Suzuki Motor of America Inc. is recalling 25,899 model year 2004-06 Verona vehicles manufactured Jun...

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Consumers Say They Want Driverless Cars
Results of a new survey from Insurance.com find most consumers are comfortable with the idea of cars...

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Ally Sets Used Financing Record
Ally Financial Inc. recently reported that its auto finance division set a record for used-car finan...

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GWC Adds Elite Program
Suzuki Recalls Cars for Melting Modules
Consumers Say They Want Driverless Cars
Ally Sets Used Financing Record

GM’s Residuals Strong Despite Recalls3


cobaltDespite recent setbacks facing General Motors caused by the recall of 2.59 million vehicles for ignition switch-related troubles, GM’s cars will not experience significant hits to their resale values, according to ALG.

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ADESA Offers AFC Info Online

adesaADESA has further enhanced its online vehicle remarketing platform, ADESA.com, by providing registered dealers with updates of the amount of credit available to them through Automotive Finance Corp. as soon as they log in—before bidding on any vehicles.

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IAA Earns Award

iaai4Insurance Auto Auctions Inc. is a winner of the 2014 DRI International Awards of Excellence Program in the category of "Response and Recovery of the Year." 

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Copart Reports Strong Results

copart9Copart, Inc. reported higher revenues for the quarter ended April 30.

For the three months ended April 30, 2014, revenue, gross margin and net income were $309.7 million, $132.3 million and $40.9 million, respectively.

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Wholesale Prices Decline, But Remain Strong

moneydownWholesale used vehicle prices were down in May, but higher year-over-year.

The Manheim Used Vehicle Value Index reading fell to 124.7 for the month. That still represented a 4.7 percent increase from a year ago.

The index adjusts prices for mix, mileage and seasonality.

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