Tag Archives: Used Vehicle

Europe’s dealers focus on used cars to survive slump

Europe's dealers focus on used cars to survive slump

Europe’s leading independent dealer groups have turned their focus to selling more used cars and making more money from aftersales to survive the region’s new-car sales slump.

Pischetsrieder’s retirement gig: The (high-end) used-car lot

Pischetsrieder's retirement gig: The (high-end) used-car lot

Bernd Pischetsrieder, former chief of BMW and Volkswagen, on right, at his vintage car store with partner Michael Mandat has a lot of experience selling new cars. Now he’s focusing on old ones.

BMW, Mercedes, VW seek used-car sales as Germany slumps

A car lot in Munich, Germany, displays used BMW cars

A car lot in Munich, Germany, displays used BMW cars.Photo credit: Bloomberg

BMW Group, Mercedes-Benz and Volkswagen Group are all pushing sales of used cars as demand for new models in Germany slumps as consumers stay out of showrooms.