Fed: Vehicle supply curtails sales, boosts dealer profitability
Inventory constraints continue to hamper vehicle sales, while rising car prices contributed to higher loan volumes and increased dealer profitability ...
Tag: used vehicle sales
Rental car companies shake up used-vehicle market as demand resumes
If you were to rent a car today, your options are more limited and the price you pay more closely ...
Hertz turns to preowned vehicles to grow fleet in Q4
On the heels of bankruptcy that forced Hertz to sell off as many cars as possible in May 2020, the ...
HyreCar looks to automation to offer Amazon-like experience
Car-sharing marketplace HyreCar is looking to improve automation on its platform as the auto industry continues to grapple with limited ...
Asbury Automotive’s F&I revenue jumps 32% in 2021
Asbury Automotive is the fourth auto retailer to post finance and insurance (F&I) revenue growth in the fourth quarter of ...
Penske Automotive CEO floats captive finance opportunity
Penske Automotive Chief Executive Roger Penske sees the opportunity to add its own captive finance company to the automotive retailer’s ...
Used-vehicle values hold steady in January as sales dip
Used-vehicle values held steady in January as market conditions remain ripe for tight supply and strong demand. The Manheim Used ...
Used-vehicle values inch up in December as inventory improves
Used-vehicle values ticked up in December 2021 on a seasonally adjusted basis as used retail and wholesale inventory continue to ...
