Category: Global

Toyota Will Now Sell You A Certified Pre-Owned Car With 125,000 Miles

With its Silver Certified program, high-mileage Toyota cars will get a 12-month, 12,000-mile powertrain warranty. Jan 24, 2024 at 12:45pm ET Certified pre-owned (CPO) programs are an excellent way to get into a

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Another Online Used-Car Dealer Bites the Dust: Vroom, 3.5 Years after Red-Hot IPO, Shuts Down as Ally Suspends Credit Line

The SPACs Shift Technologies and Carlotz are already dead. Carvana is still out there, after its distressed debt exchange. By Wolf Richter for WOLF STREET. In an SEC filing and an announcement on its website Monday

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Vroom hits the brakes on its online used car business

Vroom is shutting down its online used car marketplace and shifting all of its resources and capital into two business units focused on auto financing and AI-powered analytics. About 800 employees, or 90% of

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Cox Automotive Brings World-Class Connections Alive at the NADA Show 2024

ATLANTA, Jan. 23, 2024 – Cox Automotive, the world’s largest automotive services and technology provider, will occupy the largest exhibition space at NADA Show 2024, which is being held February 1-4 at the

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Chinese car dealer Guangdong Yongao’s collapse signals another bruising year for stagnating market

A Chinese car dealership that operated as many as 80 stores across the southern province of Guangdong went bankrupt last week, in a sign the intense competition that has roiled the world’s biggest

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Vroom Exiting Car Sales, Focusing on Finance and AI Services

Vroom is winding down its eCommerce operations and discontinuing its used vehicle dealership business.  The company aims to preserve liquidity and maximize stakeholder value through its remaining businesses, Vroom said in a Monday (Jan.

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Why Would Someone Buy A Used EV?

New EVs are still expensive and the second-hand market is booming, so more EV buyers are looking to buy used. The question is: Should you? Jan 22, 2024 at 10:03am ET The high

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McLaren Automotive motorsport director Ian Morgan

Given he’s now in his third stint at McLaren, it should come as little surprise that Ian Morgan has a deep passion for the Woking-based giant he first worked for over 25 years

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‘May not have shown up,’ car technician on the two crucial questions to ask at the dealership

A CAR technician has unveiled how drivers can save thousands of dollars on used car purchases. In a YouTube short, a technician revealed two key documents drivers can request before bringing their car

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Nevada County Sheriff Issues Used Car Sales Scam Alert: Sellers Beware!

Details Last Updated: Sunday, 21 January 2024 03:59 Car Scam Alert: Sellers Be Aware!  January 21, 2024 – Nevada County Sheriff’s Office officials report on a recent scam. “Buyer Beware” is a common

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