Sales

Zotye's U.S. goal: No-hassle retailing

Chinese automaker Zotye has begun signing up U.S. retailers and plans to "really shake things up" when it comes to factory-dealer norms.

Used-vehicle space ripe for innovation

The need for traditional dealers to get innovative in the pre-owned space was apparent at the 2018 Used Car Week annual event in Scottsdale, Ariz.


Preparing for a used-vehicle future

The direction of automotive retailing is up for debate, but considering recent moves by lenders and dealerships, industry leaders are placing their bets on the used-vehicle space.

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MORE SALES NEWS MARKETING USED CARS

COMMENTARY: Hannah Lutz
Preparing for a used-vehicle future

The direction of automotive retailing is up for debate, but considering recent moves by lenders and dealerships, industry leaders are placing their bets on the used-vehicle space.

Number to watch: $84.5 billion

Sales of lead-acid batteries are expected to almost double to $84.5 billion by the year 2025, according to the market research firm Grand View Research.

VW, FCA, hit hard as Europe sales fall 7%

VW Group, Fiat Chrysler and Renault were among the biggest losers last month as Europe car sales fell 7 percent following the introduction of a new testing regime in September.

Volvo's subscription service copes with its success

Volvo's early success with its car subscription plan has put the company in an enviable position as automakers tinker with business models that don't revolve around traditional car ownership. But it has led to unforeseen challenges, namely a backlog of orders and tension with dealers.

For Carvana, wider losses, but higher hopes

Carvana Co.'s aggressive growth shows no sign of slowing: The online used-car retailer continues to charge into new markets on the strength of investor backing and improving vehicle sales and gross profit. Net profit, however, remains elusive.

Used-to-new ratio worth watching

Morrie's Automotive Group dealerships sell significantly more used cars than new cars by mining for critical data and going outside the norm in their approach to selling used vehicles.


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