Tag: used-car sales
Exclusive: auto industry veteran Marc Cannon on Vroom’s exit from online...
Online used car retailer Vroom is shutting down its digital retail business following a struggle to raise funds in an increasingly competitive environment. Joining...
9 key areas of focus that drive more used car sales
For many franchised car dealers, the used car department significantly contributes to the bottom line. These sales are even more fundamental to independent automotive...
Wholesale used-vehicle prices jumped in February reports Cox Auto
Last week, Cox Automotive reported a 4.3% increase in wholesale used-vehicle prices in February.
According to the report, this is the largest monthly gain for...
January auto sales start strong but reveal changing landscape for dealers
January auto sales are off to a strong start, but they show a possibly altered retail situation for dealers. The automotive industry is facing...
Used-car market floundered in 2022, according to Cox report
A new Cox Automotive report reveals that the used-car market continually shrunk throughout 2022.
Using the Manheim Used Vehicle Value Index, Cox Automotive's preferred tool...
Best practices in reconditioning and ways to save costs
With used car sales outnumbering new car sales by nearly three times the amount, it’s important that your dealership understands how best to deal...
How car dealers can help their salespeople find and sell more...
Welcome to another edition of Inside Automotive with anchor Jim Fitzpatrick. On today’s show, we’re joined by Jennifer Suzuki, President of eDealer Solutions, acclaimed...
How Jeff Wyler Automotive plans to use its innovative new retailing...
Jeff Wyler Automotive Family recently launched a 100% online car buying solution to compete directly with disruptors like Carvana and Vroom. Kevin Frye, the...
Should dealers consider a separate digital retailing brand for their used...
With Tesla's success and plans and comments from OEMs like Ford CEO Jim Farley, there's no question that digital retailing from automakers may soon be...
5 tips to revamp vehicle photos and descriptions during seasonal changes
Welcome to this week’s episode of Used Cars Weekly, the original CBT News show dedicated to bringing car dealers best practices and tips for...