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The expected SAAR for new light-vehicle retail sales in June will result in the fifth consecutive month of year-over-year growth, predicts J.D. Power and LMC Automotive.
Read More →The first application to be developed by TrueCar Labs will be “Sell My Car," a mobile application that enables consumers to get an upfront offer on their current vehicles.
Read More →Edmunds.com forecasts that about 1.36 million new vehicle will be sold in June, a 15.4% decline from May and a 3.1% decline from June 2013. Analysts, however, say the declines don’t mean June will be a bad month for car sales.
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A coalition of consumer-protection groups asked the FTC to investigate CarMax for selling recalled vehicles. CarMax officials claim the chain is doing the best it can with a broken system.
Read More →A Virginia independent dealer is facing three years in prison after being found guilty of not reporting income between 2007 and 2010. Sentencing takes place in September.
Read More →To celebrate the unveiling of the new store, the group will donate the first 2015 Alfa Romeo 4C to live auction, with 100% of the bid price over MSRP being donated to charity.
Read More →In the first quarter, loyalty and conquesting efforts by manufacturers paid off in improved retail market share.
Read More →Car buyers believe that dealers make about five times more profit on the sale of a new car than they actually do, according to a new study commissioned by TrueCar.
Read More →Dealertrack Technologies’ all-new Inventory+ offers a vehicle trade-in quote module designed to help dealers win more trade-ins and convert more leads into sales. The tool also offers a fully integrated transportation tool.
Read More →The Kerrigan Quarterly Blue Sky Report also finds that blue sky pricing remains high for most franchises, with the market having established a pricing floor.
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