In its usual third-quarter earnings report at the end of last month, AutoNation shared quarterly used-vehicle sales results, showing a small decline in retail units but improved unit gross profit. The group sold 65,410 used-vehicle retail units in Q3 2026, down 5% from 68,960 units during the same period last year. Same-store used vehicle retail […] [Read More]

Sonic Automotive reported a record quarterly total revenue of $4 billion at the end of October. Contributing to that total was the dealer group’s pre-owned arm, EchoPark, which grew retail unit sales 22% year-over-year to 19,923 units sold in the third quarter. The EchoPark segment brought in $596 million in revenue, up 14% year-over-year, driven […] [Read More]

While inspections, CRs, and diagnostics for internal combustion engine vehicles prioritize mechanical wear, fluid systems, and tailpipe emissions, electric vehicle inspections focus on high-voltage electronics, software, and, most importantly, battery health. And though both vehicle types share many components, the shift from ICE mechanical complexity to software-driven EV electrical systems fundamentally changes how they are […] [Read More]

While inspections, CRs, and diagnostics for internal combustion engine vehicles prioritize mechanical wear, fluid systems, and tailpipe emissions, electric vehicle inspections focus on high-voltage electronics, software, and, most importantly, battery health. And though both vehicle types share many components, the shift from ICE mechanical complexity to software-driven EV electrical systems fundamentally changes how they are […] [Read More]

Vehicle inspections. Condition reports. Diagnostics. All terms dealers and remarketing professionals hear every day. However, as the number of electric vehicles continues to increase in auction lanes and on dealership lots, the differences between internal combustion engine vehicles and their electric counterparts in these critical processes are becoming more evident. While inspections, CRs, and diagnostics […] [Read More]

Digital used-vehicle retailer Carvana reported robust growth in the third quarter and sees production constraints as its main hurdle to growing even faster. “There is clearly additional demand available to us if we can produce the cars,” CEO Ernie Garcia said on the earnings call. Sales of 217,385 units – Carvana’s first quarter over 200,000 […] [Read More]

Lithia & Driveway's used-vehicle sales in the third quarter were a somewhat bright spot as new-vehicle sales showed some weakness. “In used vehicles, our pricing strategy continues to deliver,” chairman and CEO Bryan DeBoer said on group's latest earnings call, “and it’s a great example of our ecosystem, technology and people all working together as […] [Read More]

Rising fuel costs. Spiking interest rates. Overall economic pressure. These are some of the biggest factors pushing Manheim’s Used Vehicle Value Index down in September as wholesale vehicle depreciation sped up. The Manheim Used Vehicle Value Index fell to 205.9 last month, down 0.6% year-over-year and 1.1% from August. The September results finished out a […] [Read More]

On Sept. 15–16, members of the entire automotive transportation ecosystem gathered at Caribe Royale Orlando for two days of education and connection with a twist: The entire event focused on the needs and challenges of carriers. SuperCon, which was created by Super Dispatch, is designed to answer the questions carriers have that may go unanswered […] [Read More]

Fuel prices are affecting wholesale vehicle values more dramatically as the year goes on, according to the latest Manheim Used Vehicle Value Index analysis. Although fuel costs have been plaguing consumers most of the year, they became a more visible factor in wholesale market analysis in the third quarter Large pickups and SUVs are not […] [Read More]