Used Car NewsUsed Car News

  • ABG -1.03 - -1.70%
  • AN -0.93 - -1.84%
  • CACC -3.27 - -1.67%
  • CAR -0.15 - -0.60%
  • CARZ +0.2824 - +0.8639%
  • CPRT +0.12 - +0.28%
  • CPSS +0.04 - +1.01%
  • CRMT -0.36 - -1.35%
  • DAI
  • F +0.125 - +0.922%
  • FIATY
  • GM +0.12 - +0.38%
  • HMC +0.11 - +0.41%
  • HTZ -0.0592 - -0.6393%
  • KAR -1.055 - -2.806%
  • KMX -0.59 - -1.11%
  • LAD +0.40 - +0.48%
  • MZDAF -0.78 - -4.83%
  • NSANY +0.045 - +0.253%
  • PAG -0.40 - -1.02%
  • SAH -0.12 - -0.64%
  • TM +0.826 - +0.812%
  • TRAK +0.00 - +0.00%
  • TSLA -1.14 - -0.47%
  • TTM +0.23 - +0.76%
  • VLKAY -0.325 - -1.018%
  • VROM

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Bank Reports Loss on Auto ABS

California Republic Bancorp reported a record serviced auto portfolio, but also a loss on the sale of auto asset-backed securities.

 The bank reported a serviced auto portfolio of $2.7 billion in the first quarter, a 54 percent increase from a year ago.

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CarMax Debuts in State Capital

CarMax Inc. officially opened its first store in Springfield, Ill., located at 2531 Chuckwagon Drive.

The store is approximately 8,000 square feet, occupies more than 3 acres and stocks more than 140 used vehicles.

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J.D. Byrider Opens 3rd Arkansas Store

A J.D. Byrider dealership recently opened at 3301 South Zero St., Fort Smith, Ark.

The new location is the third J.D. Byrider dealership in Arkansas, and it is the second dealership for franchisee Matt Enderlin.

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Group 1 Sees ‘Impressive’ Growth

Group 1 Automotive Inc. reported what it called “impressive” used vehicle growth in the first quarter.

Retail used vehicles sold increased to 26,831 from 25,148 in the first quarter of 2015.

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