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U.S. total new vehicle sales are expected to rise 2.5% to 1.25 million units on an adjusted basis for the month of June, J.D.
Hertz's revenue is stable, but net income is volatile due to failed EV bets, high debt, and fleet depreciation write-downs.
The Auto Wire on MSN2d
Wholesale Used Car Prices Jump So Far In JuneThe cost of used cars could be increasing in the future, if wholesale used car prices are any indication of what’s to come.
4d
Axios on MSNCarMax says tariff fears juiced used car demand in AprilCar shoppers might be feeling more pessimistic about the economy, but they're still pulling the trigger on used vehicle ...
Wholesale used-vehicle prices ticked up in early June as market conditions stabilized and retail demand remained steady.
The results indicate that CarMax (KMX) is reaping the benefit of President Donald Trump's automobile tariffs, which have impacted new U.S. car supply and increased demand for used cars. Trump in March ...
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