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Prices for used cars fall in November
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- Prices for used cars fell in November as the used-vehicles market had to compete with auto makers' incentives to lure buyers to new cars and pressure on dealers to take on more cars that they can sell.That's the assessment from car-auction Manheim, which compiles an index tracking wholesale used-vehicles prices.That index fell 1% in November, from October, and was down 0.3% year-on-year.
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Ben Murray Bruce: Senator's committee advocates for ban on importation of used cars
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- The Senate committee on privatisation has called for a ban on the importation of used cars.According to Daily Post, the Chairman of the committee, Senator Ben Murray Bruce revealed this while on an oversight visit to the assembly plant of Volkswagen of Nigeria Automobile Limited in Lagos.He said "We want one million cars a year.
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Senate seeks to ban importation of used cars
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- The Senate Committee on Privatization, has proposed a ban on the importation of used cars.Senator Ben Murray-Bruce, who is the chairman of the committee, made this know while on an oversight visit to the assembly plant of Volkswagen of Nigeria Automobile Limited in Lagos.He urged local manufacturers to make affordable and energy-efficient cars for Nigerians.
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Hertz to sell used cars to consumers through Shift
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- SAN FRANCISCO -Under a new partnership between the two companies announced Tuesday, Hertz will use Shift's online vehicle sales platform to sell its fleet vehicles directly to consumers.A pilot program was held in the Los Angeles and San Francisco areas."It was just over two years ago we started helping Shift customers buy and sell their cars, offering an easier and more transparent process while providing better value than the traditional alternatives," Shift founder and chief executive officer George Arison said in a news release.
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