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August 31, 2017 - Industry News

Black Book: Harvey May Have Totaled 1 Million Vehicles

Black Book issued its estimate days after Cox Automotive Chief Economist Jonathan Smoke said the number of damaged vehicles could reach half a million. With Harvey coming ashore near the Texas-Louisiana border on Wednesday, forecasts remain fluid.

Tags: Auto Auctions, Hurricane Harvey, Hurricanes, Retail Sales, Wholesale Pricing

January 25, 2017 - Industry News

KBB: January Sales to Fall 3% YOY

After a record December capped off a record year for new-vehicle sales, January appears to be enduring a hangover effect, the vehicle information site said. It expects sales to decline 3% from a year ago to 1.13 million units.

Tags: fleet sales, Kelley Blue Book, new-vehicle sales, Retail Sales

January 25, 2017 - Industry News

Edmunds: New-Vehicle Sales to Fall in January

The vehicle information site expects new-vehicle sales to total 1.15 million units in January, a 31.5% decrease from December and a 0.7% decrease from January 2016.

Tags: Edmunds, fleet sales, new-vehicle sales, Retail Sales

October 25, 2016 - Industry News

BW Dealership Advisors Expands Capabilities to Address Digital Retailing Push

Automotive consulting firm BW Dealership Advisors announced the hiring of Nick Brunotte as senior operations consultant. He will lead the company's new digital capabilities and help the firm's dealer clients attract and engage car buyers online.

Tags: BW Dealership Advisors, Hiring, Retail Sales

October 12, 2016 - Industry News

SNAAC Celebrates 30 Years in Business

The retail sales finance company, Security National Automotive Acceptance Company, LLC (SNAAC), will be celebrating 30 years in business later this month, according to a company announcement.

Tags: Finance, Retail Sales, SNAAC

August 25, 2016 - Industry News

Growing Student Debt Expected to Hurt Retailers, Moody's Warns

The largest share of outstanding student loans is held by graduates age 30 to 39, according to the firm. Many of these graduates belong to the millennial generation, which, according to Pew Research, have overtaken Baby Boomers as the nation’s largest living generation.

Tags: Moody's, Report, Retail Sales, Student Loan

February 2, 2016 - Industry News

J.D. Power/LMC: Snow Storm Slows But Doesn’t Stop Car Sales in January

The two firms expect January total light-vehicle sales to total 1.1 million units, while the January SAAR is expected to have reached 16.8 million units. LMC Automotive said its sales forecast for 2016 remains at 17.8 million units.

Tags: fleet sales, J.D. Power, January sales, LMC Automotive, Retail Sales, SAAR

December 8, 2015 - Industry News

Industry Posts 18.19 Million SAAR in November, Autodata Reports

The industry sold 1.32 million units in November, a 1.3% increase from a year ago. Year to date, 15.8 million cars and trucks have been sold, according to Autodata Corp.

Tags: Autodata Corp, monthly sales, New Vehicles, Retail Sales, SAAR

November 5, 2015 - Industry News

Industry Posts 18.25 Million SAAR in October, Autodata Reports

The industry sold 1.46 million units in October, according to Autodata Corp. October's SAAR was 18.24 million units, the highest rate of the year.

Tags: Autodata Corp, monthly sales, New Vehicles, Retail Sales, SAAR

October 27, 2015 - Industry News

KBB Predicts 12% Increase in New-Vehicle Sales

The vehicle information site said this week it expects new-vehicle sales to total 1.43 million units in October, the highest October sales volume in more than a decade.

Tags: fleet sales, Kelley Blue Book, new-vehicle sales, Retail Sales

June 30, 2015 - Industry News

J.D. Power Forecasts Strongest June Sales in a Decade

New-vehicle retail sales and the retail seasonally adjusted annualized selling rate are expected to be at their highest levels for the month of June since 2005, according to a monthly sales forecast by J.D. Power and LMC Automotive.

Tags: J.D. Power and Associates, New Vehicles, Retail Sales, SAAR

February 23, 2015 - Industry News

J.D. Power Projects Best February Sales in 13 Years

Total light-vehicle retail sales are expected to reach 1.3 million units in February, the highest total for the month since 2002, according to projections from J.D. Power and LMC Automotive.

Tags: J.D. Power and Associates, LMC Automotive, monthly sales, Retail Sales, SAAR

December 18, 2014 - Industry News

J.D. Power Projects Highest December SAAR in Eight Years

New-vehicle retail sales in December are expected to reach a SAAR of 14.2 million units, the highest level since 2006.

Tags: Christmas, December, holiday, J.D. Power and Associates, new-vehicle sales, Retail Sales, SAAR

March 20, 2014 - Industry News

Retail Light-Vehicle Sales Strengthening in March

New-vehicle retail sales in March are showing signs of improvement following slower-than-expected sales in the first two months of 2014, J.D. Power and LMC Automotive report.

Tags: J.D. Power and Associates, LMC Automotive, March, New Vehicles, Retail Sales

October 29, 2013 - Industry News

Commerce Dept. Notes Sharp September Drop in Auto Sales

The Census Bureau released its sales figures for September, showing that fewer sales days during the month resulted in a sharp decline in auto sales.

Tags: Autodata Corp, Retail Sales, Vehicle Sales

October 24, 2013 - Industry News

KBB: October New-Car Sales Expected to Jump 11.7 Percent

With one additional selling day, October sales are on track to reach 1.22 million units, KBB reported last week. And barring any economic setbacks, the vehicle information site expects sales to reach 15.6 million units this year.

Tags: 2013, KBB.com, Kelley Blue Book, October, Retail Sales, SAAR, sales, vehicle

January 29, 2013 - Industry News

J.D. Power, LMC: New-Vehicle Retail Sales Ahead of Expectations

The two firms reported this week that January sales are off to their strongest start in five years, and could total 812,600 units by month end. Including fleet sales, total sales could reach 1.028 million units.

Tags: 2013, fleet sales, J.D. Power and Associates, LMC Automotive, new-vehicle sales, Power Information Network, Retail Sales, SAAR

March 2, 2012 - Industry News

Industry Sales Pace at 15 Million Annual Rate

A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1 million vehicles, according to Autodata.

Tags: Acura, Audi, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Infiniti, Mercedes-Benz, MINI, monthly sales, new-vehicle sales, Nissan, Retail Sales, SAAR, Toyota, Vehicle Sales, Volkswagen

February 23, 2012 - Industry News

February Sales Rate Outperforms January, J.D. Power Reports

New-vehicle sales this month have been strong month to date, with the selling rate outperforming January's, reported J.D. Power and Associates.

Tags: J.D. Power and Associates, new-vehicle sales, Retail Sales, SAAR

January 12, 2012 - Industry News

AutoNation’s New-Vehicle Sales Up 11 Percent in December

AutoNation Inc. reported that new-vehicle unit sales in December 2011 totaled 24,342 units, an increase of 11 percent year over year.

Tags: AutoNation, monthly sales, Retail Sales

November 17, 2011 - Industry News

New-Vehicle Sales Pacing at Three-Year High in November

A new report by J.D Power and Associates and LMC Automotive revealed that November new-vehicle retail sales are projected to come in at a SAAR of 11.3 million units — the highest monthly selling rate in three and a half years.

Tags: J.D. Power and Associates, LMC Automotive, new-vehicle sales, Retail Sales, SAAR

November 15, 2011 - Industry News

Retail Sales Rise Ahead of Holiday Shopping Season

After a strong 1.1 percent month-over-month gain in September, U.S. retail sales increased last month by 0.5 percent to $397.7 billion, the Commerce Department reported today.

Tags: Commerce Department, Consumer Buying Habits, consumer demand, Retail Sales

November 3, 2011 - Industry News

Chrome Systems Launches Expanded Image Gallery for Auto Retail Websites

Chrome Systems Inc., a subsidiary of DealerTrack Holdings Inc., announced the availability of its newly expanded Image Gallery solution, a library of vehicle photographs for enhancing vehicle descriptions and creating online presentations.

Tags: Chrome Systems, Dealer Websites, Retail Sales, web marketing, Web Tools

October 10, 2011 - Industry News

KPA Acquires TK Carsites

KPA, an Internet marketing provider, has acquired TK Carsites Inc., which offers marketing services to automotive retailers.

Tags: Internet, Internet Leads, KPA, marketing, Retail Sales, web marketing

September 22, 2011 - Industry News

Sales Rate Picks Up in September, J.D. Power Reports

Citing recovering inventory levels and solid Labor Day Sales, J.D. Power and Associates expects September’s new-vehicle sales rate to outpace August.

Tags: J.D. Power and Associates, monthly sales, new-vehicle sales, Retail Sales

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