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May 30, 2017 - Industry News

KBB Puts May New-Vehicle Sales at 1.53 Million Units

If the firm's forecast is realized, May's new-vehicle sales total would best April by 7% but would be flat with a year ago. The vehicle information site also believes retail sales will account for 80.5% of volume.

Tags: incentives, Kelley Blue Book, leasing, new-vehicle sales, SAAR

September 1, 2016 - Industry News

Volkswagen to Offer New Models at Lower Prices, Residuals May Suffer

Volkswagen will begin offering its new models for lower prices and provide dealers with a broader product range in a move that could lower residual values if incentives remain high, according to an industry expert.

Tags: incentives, New Vehicle Prices, Volkswagen

July 8, 2015 - Industry News

Edmunds Opens Registration for Used+ Program

Edmunds.com has opened registration for its Used+ used-car sales program, which offers shoppers a vehicle-protection plan and a $200 gas card. Asked if the program might lead Edmunds into F&I product sales, a spokesperson said '... It is an option we would be open to exploring.'

Tags: Edmunds.com, incentives, used car sales, warranty

July 10, 2014 - Industry News

Calif. City Offers Incentives to New-Car Dealers

The city of Anaheim, Calif., has approved a new program that would give new-car dealers a 40% rebate on the city’s share of sales taxes for 10 years.

Tags: incentives, sales tax

April 15, 2014 - Industry News

Average Incentives Rise, Domestics Curb Spending

Incentive growth was at its lowest point in March since last September, but the NADA Used Car Guide noted that the automakers that decreased spending were the ones that scored sales increases for the month.

Tags: Buick, Cadillac, Chevrolet, Chrysler, Fiat, General Motors, incentives, NADA, NADA Used Car Guide, sales, Subaru, used-vehicle sales, Volkswagen

December 3, 2013 - Industry News

NADA Report: Cash Incentives Negatively Influence Used-Car Pricing

New-vehicle cash incentives reduce the price of used vehicles significantly more than finance and lease incentives, the NADA finds.

Tags: incentives, NADA Used Car Guide, National Automobile Dealers Association, used vehicles

September 24, 2013 - Industry News

Judge Partially Blocks N.H. Dealer-Protection Bill, GM Drops State Dealer Incentives

Heavy farm equipment manufacturers won temporary exemption from New Hampshire’s newly amended Dealer Bill of Rights, days before it was to take effect on Monday. Dealers there were dealt another blow that day when General Motors announced it was pulling its dealer sales incentives from that state.

Tags: General Motors, incentives, lawsuits, New Hampshire, Stephanie Forshee

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

April 2, 2013 - Industry News

TrueCar: Transaction Prices Up 1.1 Percent in March

The average transaction price for light vehicles was $31,087 in March 2013, an increase of $339 over last March. The average incentive for light vehicles was down $44 compared to last year.

Tags: incentives, Light-Vehicle Sales, transaction prices, TrueCar, TrueCar.com

February 19, 2013 - Industry News

J.D. Power Event Looks at OEM-to-Dealer Relations

During J.D. Power and Associates’ International Automotive Roundtable last week, hints were dropped at what the manufacturer-to-dealer relationship could look like this year.

Tags: AutoNation, dealer, incentives, J.D. Power and Associates, John Mendel, manufacturer, Mike Jackson, stair step

February 11, 2013 - Industry News

AutoNation: Coast to Coast Under One Name

As AutoNation preps for its national rebranding, Honda told dealers during the NADA convention what it thinks of the changes.

Tags: AutoNation, branding, dealer, Honda, incentives, John Mendel, Mike Jackson, name, OEM, sales

January 29, 2013 - Industry News

GM Sues Iowa Dealer for False Reporting

General Motors sues Iowa dealer for damages and injunctive relief for falsely reporting sales and allegedly transferring vehicles that resulted in GM awarding the dealer with thousands of dollars under the GM Standards for Excellence program.

Tags: Davenport, dealer, Don Reese, false reporting, fraud, General Motors, GM, GM Standards for Excellence program, incentives, Iowa, Lawsuit, Leep Chevrolet, Lujack Chevrolet

November 1, 2012 - Industry News

DealerSocket CRM Adds Manufacturer Incentives Integration

DealerSocket has integrated manufacturer incentive information into its CRM solution. The new connection alerts users of new incentives through icons.

Tags: CRM, DealerSocket, incentives, Internet Leads, Matt Redden

October 2, 2012 - Industry News

Transaction Prices Rise, Incentives Fall in September, TrueCar Reports

Despite higher transaction prices and lower incentives, consumers continue to show they're in a buying mood, TrueCar reports.

Tags: incentives, September, transaction prices, TrueCar, TrueCar.com

April 3, 2012 - Industry News

Dealers Question Image Program Incentives, ROI

The NADA-commission facility study blames overbuilding and waste on overly optimistic volume forecasts, while smaller operations say image programs hurt them the most.

Tags: Factory Image Study, incentives, NADA

March 6, 2012 - Industry News

Rebates Propped Up February Auto Sales, Reports Buycentives

A study by Buycentives revealed that rebates and incentives continued to play a role in February auto sales.

Tags: cash back incentive, incentives, manufacturer incentives, rebates

February 9, 2012 - Industry News

HookLogic Integrates Polk Intelligence

HookLogic announced it will integrate Polk's predictive lead scoring and segmentation data into version 2.0 of its Lead to Show solution for automotive dealers.

Tags: HookLogic, incentives, Internet Leads, lead generation, lead management, Polk

February 7, 2012 - Industry News

Dealer.com Launches Advertising Solution

Dealer.com announced the launch of Dealer.com Advertising, an integrated automotive advertising solution which pairs paid search and display advertising capabilities with dealers’ inventory and incentives.

Tags: Dealer.com, incentives, inventory, web marketing, Web Tools, Web traffic

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 15, 2011 - Industry News

Car Shoppers Holding Out for Year-End Deals, Says Kbb.com

The vehicle information site is projecting a strong fourth quarter, and a recent consumer survey backs its prediction.

Tags: incentives, KBB.com, Kelley Blue Book, manufacturer incentives

September 13, 2011 - Industry News

Incentives Battle Approaching, Says Kbb.com

In its latest report, Kelly Blue Book says an incentives battle is coming later this year, as Japanese brands look to regain lost market share following the March 11 earthquake.

Tags: incentives, KBB.com, Kelley Blue Book, manufacturer incentives

August 25, 2011 - Industry News

Product Rules, Incentives Don’t, Says TrueCar

TrueCar.com forecasts that August 2011 sales will increase eight percent compared to last year despite a year-over-year drop in incentives.

Tags: incentives, manufacturer incentives, new-vehicle sales, TrueCar

August 23, 2011 - Industry News

Autodata Solutions, DriveItNow Partner on Payment Calculator Tool

Autodata Solutions and DriveItNow have partnered to provide a pre-qualified payment tool that incorporates quoting functionality and OEM incentive data.

Tags: Autodata Solutions, DriveItNow, incentives, manufacturer incentives, price quotes

August 9, 2011 - Industry News

TrueCar.com: Average Transaction Prices Reach Historic Highs in July

Despite continued weakness in the economy and concerns over the debt ceiling, consumers continued to purchase vehicles packed with options in July, according to TrueCar.com.

Tags: incentives, transaction prices, TrueCar

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