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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

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

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

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

August 6, 2013 - Industry News

July Deliveries Exceed CNW’s Expectations

Floor traffic hit nearly 11 percent in the final days of July. Closing ratios and same-store sales were also up.

Tags: Art Spinella, Closing Ratios, CNW, CNW Research, floor traffic

June 25, 2013 - Industry News

CNW: Average Age of Primary Drivers Drops Again

CNW’s June retail automotive summary reveals the average age of new-vehicle primary drivers fell to its lowest level since 2005, a sign that younger buyers are entering the market.

Tags: 2005, age, CNW, pre-recession, primary driver, retail automotive summary

May 21, 2013 - Industry News

CNW: May Deliveries Expected to Climb 6 Percent

CNW Research expects May deliveries to rise 6 percent vs. the same period last year, but says there are some worrisome trends to watch.

Tags: Art Spinella, CNW, CNW Research, delivery rate, Finance, subprime credit

April 30, 2013 - Industry News

CNW: Regulatory Fears Driving Down Subprime Loan Approvals

Compared to March, April’s subprime loan approval rates fell by nearly 4 percent, according to CNW Research. The firm’s monthly automotive retail summary, however, shows a year-over-year increase in subprime approvals.

Tags: 2013, April, Art Spinella, CNW, March, subprime, subprime loan approval

March 7, 2013 - Industry News

CNW: Last Gasp for Print Ads?

As consumers continue to seek out vehicle information online, the market research firm says print is in trouble — and so is TV advertising.

Tags: advertising, Art Spinella, CNW, February

January 29, 2013 - Industry News

Auto Loan Refinancing Should Top 2012 Levels, CNW Reports

CNW Research says refinancing is back, and predicts that the percentage of refinanced auto contracts will top 14 percent in 2013.

Tags: Art Spinella, CNW, loan, refinancing, risk

October 25, 2012 - Industry News

CNW: October Used-Car Sales to Remain Strong

The continued loosening of credit standards is helping franchised dealers move those high-mileage trade-ins, with CNW predicting that used-vehicle sales in October will top the year-ago period by 8.1 percent.

Tags: Art Spinella, CNW, Credit, FICO, Used-Car Sales

September 27, 2012 - Industry News

Mobile Shoppers Want Pricing, Vehicle Availability, CNW Research Reports

In its automotive retail summary, CNW Research reveals the items shoppers are looking for when they pop onto a dealership’s mobile site.

Tags: Art Spinella, CNW, dealership mobile website, Mobile, price comparison

July 24, 2012 - Industry News

Uptick in Subprime Approvals Helping July Sales

Driven by an uptick in subprime loan approvals, the industry bounced back in July after a tough June. But an increasingly jittery consumer may put the brakes on sales going forward.

Tags: Art Spinella, CNW, jitters index, July Auto Sales, vehicle delivery

June 21, 2012 - Industry News

Delivery Rate Soft at 13.7 Million, CNW Reports

CNW Research reports that the industry took some hits in June.

Tags: Art Spinella, CNW, June, retail automotive summary, State of the Industry

May 31, 2012 - Industry News

Dealers Report Solid Memorial Day Weekend Sales

Two dealers report substantial increases in sales and F&I profitability, while CNW predicts the industry will close May in the 1.37 to 1.41 million-unit range.

Tags: Art Spinella, BMW, CNW, Honda, Memorial Day sales

May 24, 2012 - Industry News

Industry Pacing at 14.5 Million Units Despite Sales Lag, CNW Reports

As of May 18, sales are on track for a 6 percent increase vs. a year ago despite a dramatic slowdown in closing ratios, CNW reports.

Tags: Art Spinella, CNW, retail automotive summary

March 22, 2012 - Industry News

Gas Prices Not Impacting Sales Yet, CNW Reports

If the first 20 days are any indication, vehicle sales could increase 8 percent this month from a year ago to 1.35 million units, CNW Research reported today.

Tags: Closing Ratios, CNW, floor traffic, Gas Prices, Vehicle Sales

February 21, 2012 - Industry News

Gas Prices Once Again a Concern, Reports CNW

Despite a rise in gas prices, data from the first 15 days of February indicates that vehicle sales could rise 7 percent to 1.1 million units this month, according to CNW Research.

Tags: CNW, floor traffic, Gas Prices, Vehicle Sales

January 17, 2012 - Industry News

Early Indicators Point to 13.8 Million Year, Reports CNW

January is off to a solid start, with new-vehicle floor traffic up more than 12 percent, reported CNW Research.

Tags: CNW, floor traffic, SAAR

January 3, 2012 - Industry News

Used-Vehicle Sales Up 5.2 Percent in 2011, Reports CNW

Total used sales for December were up almost 12 percent, while sales for the year were up 5.2 percent, CNW Research reported today.

Tags: CNW, monthly sales, used vehicles, used-vehicle sales

December 20, 2011 - Industry News

December Sales Pacing at 1.2 Million Units, CNW Reports

Based on the first two weeks, December is shaping up to be a strong month for the industry, reported CNW Research.

Tags: CNW, monthly sales, SAAR

October 11, 2011 - Industry News

Boost in Floor Traffic Could Signal Strong October Finish, CNW Says

October kicked off to a strong start after the new-car industry broke out of its summer funk in the second half of September, according to the Bandon, Ore.-based CNW Research.

Tags: CNW, consumer confidence, floor traffic, incentives, SAAR, trade-in value

September 20, 2011 - Industry News

Sales Could Improve 5 Percent in September, Reports CNW

CNW Research suggests that the industry might be on track to realize a 5 percent year-over-year increase in retail sales. Despite the increase, the market research firm believes retail sales will fall short of the 1 million-unit mark for the fourth straight month.

Tags: CNW, floor traffic, Retail Sales, SAAR, vehicle delivery

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