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According to Cars.com, one of the biggest challenges shoppers face is a dwindling used car inventory that declines year over year by 1.2% overall. As of 2024, there were just 11.4 million used ...
While CarMax stores focus on marketing used vehicles, the company acquired its first new car franchise with Chrysler Corporation in 1996. [4] By 1999, it added new vehicle franchises for Mitsubishi Motors, Toyota, and Nissan. [5] In late 2021, CarMax sold its last new vehicle dealership, located in Kenosha, Wisconsin, to the Rydell Company. [6]
CarGurus is an automotive research and shopping website that assists users in comparing local listings for used and new cars and contacting sellers. CarGurus uses algorithms to analyze and compare prices and features on cars for sale. [7]
Southeast Toyota Distributors LLC, (SET) founded in 1968, is the top private distributor of Toyota vehicles in the world. [ 4 ] [ 5 ] [ 6 ] They are franchised by Toyota Motor Sales, USA to sell vehicles and parts to car dealerships in the five states of Alabama, Florida, Georgia, South Carolina and North Carolina. [ 7 ]
Also read: Detroit automakers see stock drop as Trump's trade war, tariff fears shake Wall Street. For example, Toyota has tight inventory of the Rav4 SUV and Honda has short supply of CR-Vs and ...
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