Used Car News

Used Car News A national trade publication for car dealers.

As the first newspaper devoted solely to the used car industry Used Car News will gather all the news, feature stories, data, studies, statistics and surveys together under one roof and make sense of them for you. To our advertisers, we provide an inexpensive advertising medium so even the smallest advertiser can afford to promote its products. Used Car News provides a targeted advertising medium

aimed at independent used car dealers, wholesalers, buyers and new-car dealers who are at the heart of our industry.

The I-CAR Registered Apprenticeship Program is a two-year structured training program that combines paid, on-the-job lea...
07/29/2025

The I-CAR Registered Apprenticeship Program is a two-year structured training program that combines paid, on-the-job learning with related technical instruction, leading to a nationally recognized credential from the U.S. Department of Labor.
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I-CAR (the Inter-Industry Conference on Auto Collision Repair), the collision repair provider of technical educational programming, related technical services, and industry talent solutions, recently announced the official launch of a national Registered Apprenticeship Program (RAP) specifically fo

An increase of 8% compared to the same period a year.++++++++++++++
07/29/2025

An increase of 8% compared to the same period a year.
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AutoNation, Inc., on July 25 reported second quarter 2025 revenue of $7.0 billion, an increase of 8% compared to the same period a year ago. Second quarter 2025 EPS was $2.26 compared to $3.20 a year ago, and second quarter 2025 Adjusted EPS was $5.46, increasing from $3.99 a year ago. Reco

Tony Moorby's latest Op-Ed for UCN.
07/28/2025

Tony Moorby's latest Op-Ed for UCN.

The Wimbledon Tennis tournaments are on the telly as I write. It’s odd really, as hardly anyone in our family watches tennis until Wimbledon is on – OK, The USTA Finals may get the occasional look-in if there are charismatic finalists. I noticed that the courts already looked like goat pastures

America's Auto Auction's program blends instructor-led virtual sessions with weekly assignments and peer collaboration.*...
07/28/2025

America's Auto Auction's program blends instructor-led virtual sessions with weekly assignments and peer collaboration.
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America’s Auto Auction continues its momentum not only expanding its physical footprint and specialty sales segment but also investing in its most valuable asset: its people. The company announced on July 24 the launch of America’s Leadership Journey, a 12-week leadership development program des

For three decades, J.D. Power's APEAL Study has tracked which new vehicles excite and delight owners the most. The MINI ...
07/28/2025

For three decades, J.D. Power's APEAL Study has tracked which new vehicles excite and delight owners the most.

The MINI ranks highest among mass market brands for a second consecutive year,
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New-vehicle owners today are more passionate about their vehicle than ever, according to the J.D. Power 2025 U.S. Automotive Performance, Ex*****on and Layout (APEAL) Study, released July 24. Overall satisfaction is 851 (on a 1,000-point scale), an increase of 4 index points from a year ago and the

The aggregate net purchase price was $1.45 billion.
07/26/2025

The aggregate net purchase price was $1.45 billion.

Asbury Automotive Group, Inc., one of the largest automotive retail and service companies in the U.S., has completed the acquisition of The Herb Chambers Companies (HCC), the sixteenth largest by revenue privately-owned dealership group in the country. “We’re thrilled to complete the acquisitio

2025 Los Angeles Auto Show, happening November 21 to 30, 2025!More info below:+++++++==
07/25/2025

2025 Los Angeles Auto Show, happening November 21 to 30, 2025!
More info below:
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Tickets are now available for the 2025 Los Angeles Auto Show, returning to the Los Angeles Convention Center from November 21 to 30, 2025. As one of the most influential automotive events in the world, LA Auto Show is where car culture, automaker innovations, and hands-on-wheels experiences has

Manheim North America's Connie Suozzo, and NextGear Capital by Cox Automotive's Nicole Graham-Ponce, talk about ways to ...
07/25/2025

Manheim North America's Connie Suozzo, and NextGear Capital by Cox Automotive's Nicole Graham-Ponce, talk about ways to thrive when iused car inventory is tight in UCN's latest Spotlight story.

The pair discuss some of the topics they covered at the 2025 National Independent Automobile Dealers Association - NIADA Convention & Expo in Las Vegas last month.

Suozzo said the questions she gets from dealers is, how do I get inventory, how do I get the right inventory and how do I manage the financial aspects.
Read the full article below:
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Connie Suozzo, vice president, Manheim Digital and Nicole Graham-Ponce, vice president of portfolio management for NextGear Capital, recently talked about ways to thrive when inventory’s tight. The pair discussed some of the topics they covered at the 2025 NIADA Convention & Expo in Las Vegas

On a volume-weighted basis, the overall car segment decreased -0.51%.+++++++++
07/25/2025

On a volume-weighted basis, the overall car segment decreased -0.51%.
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Depreciation continues to outpace typical seasonal trends; however, the market remains significantly stronger than it was in 2024. At this time last year, cumulative 12-month depreciation stood at 23.6%, compared to just 9.6% this year, according to Black Book’s market insights. On a volume-weigh

Tariffs continue to remain top of mind for both dealers and auto buyers. In fact, in response to the February 2025 omnib...
07/24/2025

Tariffs continue to remain top of mind for both dealers and auto buyers. In fact, in response to the February 2025 omnibus survey, 3 in 5 auto buyers believe the tariffs will have a negative impact on the U.S. auto industry.
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Urban Science, a global automotive consultancy and technology firm, and the Harris Poll announced the release of their automotive data and insights key findings. This survey, conducted in early 2025, takes a closer look into the developing perspectives and opinions from dealers and auto buyers o

Net income for the six months ended June 30, 2025, was $1.0 billion.+++++++++
07/24/2025

Net income for the six months ended June 30, 2025, was $1.0 billion.
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General Motors Financial Company, Inc. announced net income of $510 million for the quarter ended June 30, 2025, compared to $610 million for the quarter ended June 30, 2024. Net income for the six months ended June 30, 2025, was $1.0 billion, compared to $1.1 billion for the six months ended June 3

The used EV market declined 7.5% month over month in June to 32,043 units, holding a 2.1% share of the overall used-vehi...
07/24/2025

The used EV market declined 7.5% month over month in June to 32,043 units, holding a 2.1% share of the overall used-vehicle market.
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The EV market in June showed signs of steady momentum, even as underlying dynamics continued to shift. New EV sales softened slightly, but market share climbed. Used EV sales dipped month over month but remained sharply higher than a year ago. Inventory levels, pricing and incentives all indicate a

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