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Newsby StaffNovember 21, 2022

Carvana Cuts Staff as Used Car Sales Crater

Carvana Co. announces a second round of job cuts, expected to impact about 1,500 employees or 8% of its workforce.

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Newsby StaffNovember 21, 2022

Used-Car Market on a Downturn, Experts Say

At a San Diego industry gathering, market watchers predict continued slide from pandemic-era highs.

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Newsby StaffNovember 21, 2022

GM Lays Out Aggressive EV Plans

Aims to compete with Tesla via ‘solidly profitable’ lineup in 2025.

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Newsby StaffNovember 18, 2022

Assurant Expands EV Service Contract as Ownership Grows

Assurant EV One Protection offers expanded coverage, including traction batteries, and transparency.

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Newsby StaffNovember 18, 2022

EpicVIN Adds Maintenance, Repair History to Reports

Entering a vehicle's VIN number connects to an online database of over 500 million records.

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Newsby StaffNovember 18, 2022

AutoNation Buys TrueCar Stake

Retailer invests in vehicles sales lister despite former bad blood.

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Newsby StaffNovember 18, 2022

German Carmakers’ 2023 Outlook Dim

Market watchers eye economic, supply-chain factors.

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Newsby StaffNovember 17, 2022

Dealership Profits Dip Slightly Along with Blue Sky Values, but the Seller's Market Continues

Dealership profits have peaked due to rising interest rates, inflation, and low consumer confidence, but they are still 2.4x higher than before the Pandemic.

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Newsby StaffNovember 17, 2022

J.D. Power Announces 2023 U.S. ALG Residual Value Awards

Lexus (Premium) and Honda (Mass Market) receive brand awards; Kia receives most model awards.

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Newsby StaffNovember 17, 2022

Titan Warranty Launches for Warranty, Service Contract Industry

Fully virtual and digital warranty and service-contract provider supports auto and consumer warranty industries.

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