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Carbiz goes toe to toe with CarMax

Some dealers shudder when they hear used-car giant CarMax is opening a store down the road. This used-only dealer deliberately placed his second store next to a CarMax. Heres his strategy.img src=

Millennials may be fertile market for CPO

Dealers have an opportunity to hook in millennial vehicle-buyers through certified pre-owned programs and make plenty of money doing so, data from Cox Automotive show.img src=

KAR to buy data provider DRIVIN for $43 million

KAR Auction Services will acquire DRIVIN, which aggregates automotive retail, pricing, registration and economic data to match vehicle inventory to dealer demand.img src=

Donald Trump's former Ferrari disappoints at Florida auction

President Trumps former 2007 Ferrari F430 F1 Coupe left the sale block before meeting reserve at auction on Saturday in Florida. Bidding on the car stopped at $240,000, $10,000 below its low estimate.img src=http://feeds.feedburne...

Out on a limb or off a cliff?

Analyst Adam Jonas latest forecast, on the used-car outlook, isnt getting much love from investors or the industry.img src= height=1 width=1 alt=/...

Velocity gains speed as driver of remarketing

The glut of off-lease vehicles returning to market is causing the nations two largest auction groups to double down on the concept of velocity -- albeit in slightly different ways.img src=

Consolidation pays off for auction players

A growing reliance on data and analytics in the remarketing space is driving recent auction consolidation, some industry experts say.img src= height=1 width=1 ...

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