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February 3, 2015 - Industry News

CNW: January Used-Vehicle Sales Total 2.38 Million Units

The research firm attributed the 2% gain in used-vehicle sales to higher CPO sales and a growing inventory of fresh off-lease vehicles. Even independents felt the trickledown effect of quality used vehicles.

Tags: CNW Research, Used-Car Sales

January 29, 2015 - Industry News

Fewer Consumers Sticking to New-Car Budgets, CNW Reports

The number of consumer strictly adhering to their budget is dropping to pre-recession levels, according to the firm’s monthly report. And the number of car buyers for whom price is no object is on the upswing.

Tags: budget, Car Shopping, CNW Research, recession

January 8, 2015 - Industry News

CNW: Industry Has Reached ‘Razor-Thin Balance'

In its latest newsletter, CNW Research says that even the slightest economic issue could upset the auto industry in 2015.

Tags: Art Spinella, CNW Research, floor traffic, jitters index

January 6, 2015 - Industry News

CNW: Online Ads Motivating More Used Sales Than Print

Used-vehicle sales motivated by online ads outpaced purchases motivated by print newspapers for the first time, CNW reports. The firm also noted that private party sales showed the biggest increase in December.

Tags: CNW Research, newspaper advertising, online advertising, Online Marketing, print, used car sales

October 30, 2014 - Industry News

CNW Expects Solid Increase in October Sales

Floor traffic, closing rations and subprime approvals are all up so far this month, according to CNW Research. It believes the gains bode well for 2015 sales.

Tags: Art Spinella, CNW Research, jitters index, October sales, subprime

September 30, 2014 - Industry News

CNW Sees 4% Sales Increase in September

The market research firm’s prediction is based on skyrocketing subprime approvals and an active Hispanic consumer market, which, for the first time, could outpace African-Americans in new-vehicle purchases.

Tags: Closing Ratios, CNW Research, jitters index, new-vehicle sales

July 3, 2014 - Industry News

CNW: Recalls Impact Used-Car Sales in June

Concerns over GM and other recalled vehicles drove shoppers to Asian and European models in June, according to data from CNW Research.

Tags: Art Spinella, BIG THREE, CNW Research, General Motors, used vehicles, vehicle recall

June 3, 2014 - Industry News

Franchised Dealers Realize Big Gains in Used Sales, CNW Reports

Used-vehicle sales in May increased nearly 11% from April, according to CNW. Franchised dealers led the way with a 4.3% increase in sales vs. one year ago, while independents realized a 3.4% increase.

Tags: CNW Research, Franchised Dealerships, inventory, transaction prices, used vehicles

May 28, 2014 - Industry News

Sales Pick Up in Late May

CNW reported this week that sales picked up in late May, with the firm expecting deliveries for the month to increase 11% from a year ago.

Tags: Art Spinella, Auto Sales, CNW Research, Subprime Approvals

April 1, 2014 - Industry News

Industry Sales Poised for Spring Rebound, CNW Predicts

The market research firm says improvements in several key metrics last month are setting the stage for a spring rebound in vehicle sales.

Tags: Art Spinella, CNW, CNW Research, jitters index, March, subprime, Vehicle Sales

January 30, 2014 - Industry News

CNW Sees a 3.6% to 6% Increase in 2014 Sales

CNW believes more consumers, including Millennials, are ready to ditch their post-recession funk, which the firm believes bodes well for 2014 vehicle sales.

Tags: Art Spinella, certified pre-owned vehicles, CNW Research, fleet sales, new-vehicle sales

January 7, 2014 - Industry News

Used-Vehicle Sales Land Just Short of 42 Million Units, CNW Reports

The industry sold 3.284 million used cars in December and 42 million units for the year. Driving those totals were increases in below-prime auto loan approvals, as finance sources continued to relax their guidelines.

Tags: Art Spinella, CNW Research, used car sales

December 17, 2013 - Industry News

Used Sales Climb 1.4% vs. a Year Ago

Franchised dealers are set to sell more than 1.24 million used vehicles this month, a gain of nearly 9% vs. a year ago, according to data from CNW Research.

Tags: Art Spinella, CNW Research, Franchised Dealerships, Independent Dealerships, new-vehicle sales

December 17, 2013 - Industry News

December Deliveries Pacing at 16.3 Million-Unit Annual Rate

A series of upbeat metrics has CNW putting December new-vehicle sales in the 1.5 million-unit range, a 10% increase vs. the year-ago period.

Tags: Art Spinella, CNW Research, floor traffic, loan approval, new-vehicle sales, subprime

December 17, 2013 - Industry News

CPO Primed for Big 2014, CNW Predicts

CNW says three million leases are set to expire in 2014, fueling the firm’s prediction of a solid year for the certified pre-owned market.

Tags: Art Spinella, CNW Research, CPO, lease

November 26, 2013 - Industry News

Car Buyers Return in November After ‘Wacky’ October

November returned to normal after the partial government shutdown in October. CNW Research believes the purchase delays the shutdown caused could prime the market for a solid 2014.

Tags: CNW Research, jitters index, monthly sales

November 7, 2013 - Industry News

Car Buyers Return in November After ‘Wacky’ October

November returned to normal after the partial government shutdown in October. CNW Research believes the purchase delays the shutdown caused could prime the market for a solid 2014.

Tags: CNW Research, jitters index, monthly sales, subprime

November 5, 2013 - Industry News

End of Gov’t Shutdown Causes Late Surge in Used Sales, CNW Reports

The reopening of government in mid-October helped used-vehicle sales realize a 3.63 percent increase from a year ago, CNW Research calling the increase “somewhat weaker” than expected.

Tags: CNW Research, government shutdown, Used Sales

October 22, 2013 - Industry News

CNW: Leases Overestimating Future Residual Values

CNW Research issued a warning this week, reporting that lease contracts have been overestimating residual values by roughly 14 percent in 2013. The firm expects automakers to lose between $5 billion and $8 billion within three years.

Tags: Art Spinella, CNW, CNW Research, leasing, residual values

October 22, 2013 - Industry News

Pent-Up Demand Swells During Government Shutdown, CNW Reports

CNW Research says the government shutdown was like ‘putting a dam on a river.’ But when will that pent-up demand be released?

Tags: Art Spinella, CNW, CNW Research, consumer demand, pent up demand

October 1, 2013 - Industry News

September Used-Vehicle Sales Up 3.9 Percent, CNW Reports

Despite fewer shoppers, used-vehicle sales were up 3.9 percent. Leading the way were franchised dealers, which retailed 5.44 percent more used vehicles than a year ago.

Tags: CNW Research, used-vehicle sales

September 24, 2013 - Industry News

CNW Jitters Index Shows Record Increase

August’s Jitters Index experienced a record 1.72 increase over last year, indicating that car sales could be headed for a slowdown, CNW Research reports.

Tags: Art Spinella, CNW, CNW Research, jitters index

September 24, 2013 - Industry News

CNW: Incentives Driving Consumers Off Sidelines

Incentives are up 40 percent so far this year, and the uptick is driving more consumers to pull the trigger a lot sooner than they expected, CNW Research reports.

Tags: CNW Research, incentives, MSRP

August 20, 2013 - Industry News

CNW: August Deliveries Could Rise 8 Percent

This month, same-store deliveries are up nearly 6 percent while new floor traffic beat out last year’s numbers by 24.7 percent. Based on the data, CNW expects sales to rise at least 8 percent.

Tags: Art Spinella, CNW, CNW Research, incentives, manufacturer incentives, monthly sales

August 20, 2013 - Industry News

CNW: Hispanic Car-Buying Segment on the Rebound

Hispanic car buyers are expected to make up 13 percent of new and 14 percent of used sales in the next few years, according to data collected by CNW Research.

Tags: Art Spinella, CNW, CNW Research

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