CPO sales hit highest monthly total in more than 2 years
Through eight months of 2023, certified pre-owned vehicle sales are beating prior-year figures by 8% as the segment remains a “bright spot” in the overall used-car landscape, according to a presentation Tuesday by Cox Automotive analysts.
In fact, August was the strongest month for ...
October 16, 2026
A former minister, Nordstrom executive and Microsoft account coordinator walk into an auto auction. No, that’s not a set-up to a dad joke. More like the structure of a father-son(s) family-run business. The McConkey Auction Group, to be exact. The group has been selected as selected as Auto Remarketing’s and Used Car Week’s 2026 Auction […]
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October 16, 2026
Copart has officially completed its acquisition of ACV Auctions, the online vehicle auction company said Friday. In a news release, Copart CEO Jay Adair said, “We are pleased to complete the acquisition of ACV, which is an important milestone for Copart as we continue to deliver on our growth strategy. “With ACV now part of […]
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October 16, 2026
Online vehicle listings that include terms such as “good deal” or “great deal” are the crux of a regulatory enforcement lawsuit filed against CarGurus on Thursday. And the lawsuit surfaced about two weeks after CarGurus rolled out the latest addition to its dealer platform — VINMax — that extended its consumer demand data and artificial […]
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