As dealers buckle down on their used-vehicle acquisition practices in 2023 in the face of shifting demand and declining profitability, leaders of online wholesale auction companies sense a ripe opportunity to nab more of their business.
February 26, 2023 05:00 AM
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GM net income declines as tariffs spoil 2025 guidance
First-quarter net income slipped 6.6 percent to $2.8 billion, while revenue rose 2.3 percent to $44 billion.
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