Used Car NewsUsed Car News

  • ABG 70.44 -0.38 - -0.54%
  • AN 56.99 +0.03 - +0.05%
  • CACC 120.38 +1.46 - +1.23%
  • CAR 60.25 +0.82 - +1.38%
  • CARZ 40.82 +0.0391 - +0.10%
  • CPRT 34.93 +0.13 - +0.37%
  • CPSS 7.59 -0.02 - -0.26%
  • CRMT 38.00 +0.49 - +1.31%
  • DAI N/A - N/A
  • F 17.82 +0.11 - +0.62%
  • FIATY 0.00 -0.155 - -1.48%
  • GM 37.69 +0.255 - +0.68%
  • HMC 35.50 +0.17 - +0.48%
  • HTZ 28.98 +0.24 - +0.84%
  • KAR 30.40 -0.07 - -0.23%
  • KMX 51.63 -0.01 - -0.02%
  • LAD 92.65 +2.09 - +2.31%
  • MZDAF 0.00 0.00 - 0.00%
  • NSANY 0.00 -0.07 - -0.36%
  • PAG 49.18 +0.54 - +1.11%
  • SAH 24.57 -1.63 - -6.22%
  • TM 119.40 +0.70 - +0.59%
  • TRAK 38.95 +0.60 - +1.57%
  • TSLA 222.00 +1.41 - +0.64%
  • TTM 42.64 +0.995 - +2.39%
  • VLKAY 0.00 -0.04 - -0.08%
  • VROM N/A - N/A

Featured News

BMW Recalls Vehicles for Airbags
BMW is recalling 573,935 model year 2000 323i sedans, coupes, convertible, and Sports Wagons; 2000 3...

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CFPB Adds Narratives to Complaints
The Consumer Financial Protection Bureau is proposing a new policy that would empower consumers to p...

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Depreciation Returns to Normal
Depreciation rates on used vehicles are nearing levels not seen since the recession, though the tren...

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Dealers Settle with State - Again
The New Jersey Division of Consumer Affairs has obtained a settlement of $1.8 million, plus consumer...

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BMW Recalls Vehicles for Airbags
CFPB Adds Narratives to Complaints
Depreciation Returns to Normal
Dealers Settle with State - Again

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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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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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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Alliance Auctions Hire Veteran Exec

allianceauctionsJimmy Compton has joined Alliance Auto Auction as regional sales and operations manager.

He will be leading the business development efforts to help grow Alliance’s corporate and fleet accounts.

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