Mike O’Hanlon has been appointed chief revenue officer at CarGurus, effective Sept. 3, 2024. With deep experience driving customer growth and retention strategies for online marketplace and software as a…

Real gross domestic product increased at an annual rate of 3.0% in the second quarter of 2024, according to the “second” estimate released by the U.S. Bureau of Economic Analysis.…

Consumer Reports’ first-ever brand ranking for used cars is based on the reliability of 5-to 10-year-old cars as informed by CR’s exclusive Annual Auto Surveys. Toyota and Mazda models account…

Open Lending Corporation, a provider of automotive lending enablement and risk analytics solutions for financial institutions, released a new Near- and Non-Prime Consumer Update, continuing its quarterly report series on…

Carvana, an industry pioneer for buying and selling used cars online, has developed its first auction and reconditioning ‘Megasite’ in Kansas City. With this transition, Carvana will establish inspection and…

Cars Commerce reported that the used-car market is facing availability challenges, particularly sourcing low-mileage, lightly used vehicles. Year over year, used-car prices decreased 6% and inventory edged up 1% primarily…

Inc. magazine revealed that Montway Auto Transport has made the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look…

Hertz Global Holdings, Inc., on Aug. 1 reported results for its second quarter 2024, showing second quarter revenue was $2.4 billion. Demand was healthy yet the company reported it “remained…