BMW, Daimler look to EV market to recover sales
BMW Group and Daimler AG have their sights set on the sustainability of the electric vehicle market, despite vehicle sales ...
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RumbleOn sales, revenue fall in wake of pandemic
Online used–vehicle retailer RumbleOn is feeling the effects of the coronavirus pandemic. The company, which sells both automotive and powersports vehicles, lost $81 million in revenue year over ...
Q2 vehicle sales slump as expected
Second-quarter vehicle sales from major OEMs are providing a glimpse at the extent of the continued fallout of COVID-19 on ...
Automakers offer incentives to spur July 4 sales
Independence Day weekend is packed with bargains designed to refresh the auto market following first–quarter slumps in new-vehicle sales and a pullback on incentives in June. OEMs scaled back ...
Pent-up demand drives June sales recovery
June’s forecasted new vehicle sales continue on a path of recovery as the market crawls out of the hole dug by coronavirus shutdowns. Total ...
CarMax Auto Finance originations plummet amid pandemic
CarMax Auto Finance is one of the first auto lenders to record the adverse effects of the coronavirus pandemic on its book of business, with originations clocking in ...
Wheels & deals: Inside pandemic car buying [Feature]
With dealerships’ doors closed during the pandemic, many consumers have been forced to opt for online shopping and home delivery ...
Car sales increase in tandem with used-vehicle values
Wholesale used-vehicle prices are on the rise, increasing 6.6% in the first 15 days of June compared with May, bumping ...
