Carvana Co. opened its newest Car Vending Machine in Washington, D.C. This launch marks 10 Car Vending Machines in three years for Carvana. The Car Vending Machine is an eight-story,…
Several manufacturers reported very strong certified pre-owned sales in May. Mazda reported an all-time high for CPO sales, with 4,823 vehicles sold. This marks an increase of 21 percent year-over-year.…
Auto finance rates for new cars are expected to hit record highs not seen since 2009 in May, according to Edmunds. The annual percentage rate (APR) on new financed vehicles…
Financing for used vehicles reached $19,536 in the first quarter, a new record high, reports Experian. The average credit score for a used vehicle loan rose to 655 during the…
Manheim has grown its partnership with online auto retailer Carvana, allowing the e-commerce company to conduct both purchasing and sales of wholesale inventory via Manheim’s online marketplaces. Building upon a…
Westlake Financial Services announced a new spot delivery insurance program. The program is underwritten by Knight Management Insurance Services LLC and is now available to Westlake’s dealer partners in California.…
The new-vehicle retail sales pace in May is expected to fall from year-ago levels, according to a forecast developed jointly by J.D. Power and LMC Automotive. However, the average new-vehicle…
For many individuals, gaining credit can be a tricky process. Many consumers face barriers when accessing credit and sometimes pay more for credit for many reasons, including having no credit…
GWC Warranty has announced several additions to its sales leadership team, with five newly created regional sales manager positions.
Brian Francis was promoted to GWC's Midwest RSM position, overseeing GWC's…

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