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December 14, 2010

Sales Continue to Strengthen in December, Reports CNW

Strong November sales and an increase in consumer demand has the industry poised for another healthy sales month in December, CNW Research’s Art Spinella predicted in his monthly “State of the Industry” report.

December 14, 2010

NADA: New-Vehicle Sales Remain Strong, Older Units Drive Used Market

A strong November has kept U.S. new-vehicle sales on pace to finish at 12 million units for 2010, and the National Automobile Dealers Association (NADA) says that figure could grow by another million units next year.

December 7, 2010

Carfax Selected by Top Intellichoice CPO Programs

The manufacturers with the top certified pre-owned (CPO) programs this year share at least one thing in common – they choose Carfax as their vehicle history provider.

November 30, 2010

Right Time to Buy for Three-Year-Old Vehicle Owners, Say Edmunds

Recent trends in interest rates and used-car values make this a good time for dealers to contact their customers who are driving three-year-old vehicles to see if they are interested in lowering their monthly payments.

November 29, 2010

Seasonal Sales Decrease in November Keeps Sales Pace at 12.2 Million

This month's new-car sales (including fleet sales) are expected to be approximately 865,500 units, a 17 percent increase from November 2009 but a 8.1 percent decrease from October 2010, according to Edmunds.com.

November 23, 2010

New Mexico Dealer Charged With Forgery

The 70-year-old former owner of Valley Auto Sales in Las Cruses, N.M., was arrested last week on 17 counts of forgery.

November 23, 2010

TrueCar.com Forecasts Sales, Incentives Spending for November

TrueCar.com reported today that it expects new light-vehicle sales (including fleet) to be 868,283 units, up 16 percent from November 2009 and a decrease of almost 9 percent from October 2010 (on an unadjusted basis).

November 23, 2010

Bank of America Launches Car-Buying Site

Bank of America rolled out today a new online shopping site for new and used vehicles that links prospective buyers to the bank’s certified dealers.

November 16, 2010

Comerica Bank: Auto Affordability Improves in Q3

The purchase and financing of an average priced new vehicle took 23.8 weeks of median family income in the third quarter 2010, according to Comerica Bank’s Auto Affordability Index.

November 16, 2010

AutoUpLinkUSA Offers Automated Ad Manager for Classified Listings

AutoUpLinkUSA, a provider of online inventory listing and marketing solutions, has launched the Automated Ad Manager, a fully automated ad management solution that distributes used-vehicle advertising on free classified platforms like Craigslist.