Used cars are in short supply, but their prices may drop soon, anyway. The wholesale prices car dealers pay at auction for the used cars they later sell decreased 3.0% in April from
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Wholesale used vehicle prices declined last month for the first time this year. Cox Automotive reported a 3% decline from March to April in its Manheim Used Vehicle Value Index. Further declines could
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There was a small dealer in Cumberland County South Jersey that specialized in air cooled VWs, and on occasion the odd rear engined Renault or Fiat. One day (shortly before Christmas IIRC) I
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When I was first starting at Automotive News a few years back and trying to learn the service and parts business, Lee Harkins, CEO of dealership training company M5 Management Services, let me
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Rupert Stadler, CEO of Audi between 2010 and 2018, will soon confess to his role in Volkswagen Group’s Dieselgate emissions cheating scheme. Stadler’s legal team told Automotive News he will make a full
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Buying a car isn’t for the faint of heart: the haggling, the time suck, the wool pulled over one’s eyes. Even with the process largely moved online, it’s hard to shake the ghosts
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Photo: Chevrolet I love driving past used car lots. It’s basically a spectator sport for me, which is thrilling and exciting, and full of hope but, also, disappointment. Every now and then, I’ll
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Workers from the Audi dealership in Glenwood Springs look across the Colorado River at a mudslide pouring into the water on Tuesday morning.Ray K. Erku/Post Independent On Monday afternoon, Red Mountain across the
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Looks like some more people have realized something we pointed out late last year. There are only three new cars under the magic $20,000 price limit currently for sale in the United States.
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Hyundai and Kia racked up U.S. sales gains for the ninth-straight month in April on higher inventories and incentives, signaling pent-up demand remains healthy even as rising interest rates cool the U.S. economy
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