Despite relatively encouraging national numbers in 2023, local used car dealers are still riding the roller coaster when it comes to sales. The used car market has seen its share of ups and downs in ...

Franchised automobile dealers are contending with a dearth of off-lease vehicle returns in 2024 and 2025. This sets the stage for more competition for inventory and higher costs to acquire — ...

The number of used vehicles in inventory on both independent and franchised used car dealer lots rose throughout 2023, reaching levels in December that matched those last seen in the fourth quarter of ...

Inventory management remains critical for auto retailers today in determining profitability, customer satisfaction, and operational efficiency. The traditional methods of inventory management, reliant ...

After over two years of a demand freefall in the used car market, prices have suddenly increased, indicating a change. While the price increase isn't dramatic, it could hint at what consumers should ...