Tag Archives: rental lots

CAN Uber and Lyft ease used-car glut?

Ride-hailing services Uber & Lyft represent a new outlet for carmakers to better manage the flow of late-model used vehicles, potentially putting them to long-term use while generating extra revenue. Some carmakers see a fresh business model in vehicles that traditionally have caused them head-aches, typically sold at auction for depressed prices that ultimately harm residual values. General Motors this

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