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NewsJuly 1, 2015

New-Car Transaction Prices Continue to Rise in June

New-car transaction prices rose 2% in June, with Ford leading the way. The only automaker to realize a decrease was the Volkswagen Group.

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NewsJune 30, 2015

Automotive Loyalty Reaches Highest Levels in a Decade, IHS Reports

IHS reported this week that brand loyalty among automotive brands has reached a 10-year high, with 13 brands also realizing 10-year highs in loyalty rates.

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NewsJune 30, 2015

Experian Examines the Muscle Car Resurgence

Experian Automotive's review of the American muscle car resurgence found that Chevrolet Corvette and Dodger Viper buyers tend to pay cash, while the Dodge Charger was the most leased muscle car.

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NewsJune 30, 2015

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.

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NewsJune 25, 2015

KBB Raises 2015 Sales Forecast to 17.1 Million Units

Kelley Blue Book said today that it expects June sales to total 1.5 million units, which would push first-half and second-quarter sales totals to their highest levels since 2005. The firm also raised its 2015 sales forecast from 16.9 million to 17.1 million.

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NewsJune 17, 2015

N.Y. Dealers Targeted for Payment Packing and Other Deceptive Practices

Attorney General Eric Schneiderman, which announced on Wednesday a $14 million settlement with three Paragon dealerships, says he intends to file suit against 11 additional dealerships for the unlawful sale of credit repair and identity theft-prevention products.

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NewsJune 16, 2015

Motor Trend Certifies Indiana Dealer

Town & Country Ford has become the exclusive Motor Trend Certified Dealer in Evansville, Ind.

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Newsby Gregory ArroyoJune 16, 2015

Cox Automotive to Buy Dealertrack for $4 Billion

The software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third quarter. A company official said Cox had identified Dealertrack as an acquisition target last year.

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NewsJune 8, 2015

Holman Group Acquires Audi Willow Grove

Holman Automotive Group has acquired Audi Willow Grove in Willow Grove, Pa. The outlet becomes the second Audi dealership under the Holman brand.

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NewsMay 21, 2015

TrueCar Denies Claims in CNCDA Lawsuit

The California New Car Dealers Association filed a lawsuit against TrueCar last Wednesday, alleging the that the shopping site is not in compliance with certain sections of the California Vehicle Code — a claim TrueCar has denied.

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