June used-vehicle values reach record high amid pandemic
Used-vehicle values have climbed to a record high in June from a historic plunge in April, according to Manheim’s monthly used-vehicle value index, which rose ...
Tag: Sales & Marketing
Inside Shift’s reverse IPO: diverging from the norm
Shift, an e-commerce platform for the purchase and sale of used vehicles, set its sights on becoming a publicly traded ...
RumbleOn sales, revenue fall in wake of pandemic
Online used–vehicle retailer RumbleOn is feeling the effects of the coronavirus pandemic. The company, which sells both automotive and powersports vehicles, lost $81 million in revenue year over ...
Lithia Motors tracks positive growth
A boost in Lithia Motors’ used-vehicle sales is an indication the automotive industry is tracking a positive trajectory on the ...
UK car sales show signs of recovery
Britain’s car industry showed signs of improvement in June, spurred by the reopening of showrooms from lockdown measures designed to ...
Rodo adds 300K user catalog through new partnership
Leasing and financing app Rodo is swinging into July with a new partnership set to funnel an estimated 300,000 users ...
Q2 vehicle sales slump as expected
Second-quarter vehicle sales from major OEMs are providing a glimpse at the extent of the continued fallout of COVID-19 on ...
New-vehicle interest rates, prices climb in June
Interest rates and transaction prices on new vehicles have increased in June following a pullback from automakers on incentives. The annual percentage rate (APR) on ...
