Drivers are holding onto their cars for longer and longer. Chris Melzer/Getty Images For the sixth year in a row, the average age of cars in the US increased. Drivers are holding onto
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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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Beaten-down Carvana (CVNA) shares are surging on Friday after the largest online used car retailer in the country said it will report a profit in the second quarter. Carvana reported Q1 an adjusted
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BERLIN — BMW AG reported a higher earnings margin for its cars segment, with a rise to 12.1 percent in the first quarter from 8.9 percent a year earlier. BMW benefited from continued
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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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It was selling 25,000 vehicles a year across its two divisions; Australian prestige, which is a vertically integrated trader and re-marketer of prestige used cars, and Dutton Garage, which is a bespoke, classic
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The days of paying a premium for a decent used car in Australia might soon be over, according to a new report that indicates second-hand car prices are continuing a downward trajectory. The
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Key Points Buyers continue to struggle to find used cars in Australia. Used car prices are slowly returning to normalcy, but the options are still limited, claim buyers. Mr Singh welcomed his cousin
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Sky high used car prices are gradually returning to earth as production of new vehicles improves, but they’re still far more expensive than before the COVID-19 pandemic. This is the latest from Moody’s
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Indianapolis – Circa March 2021: Ford SUV display at a dealership. Ford sells traditional gasoline, electric and hybrid SUV models. After supply chain issues pushed used car prices up drastically in 2021 and
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