News

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.
CarMax reported that "gross profit increased by 12.8% to $896.3 million." The company purchased 336,000 vehicles from ...
Hertz's revenue is stable, but net income is volatile due to failed EV bets, high debt, and fleet depreciation write-downs.
The cost of used cars could be increasing in the future, if wholesale used car prices are any indication of what’s to come.
Car 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 ...
Going counter to the recent trajectory seen by Black Book, Cox Automotive is watching wholesale used-vehicle prices (on a mix ...