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Year-to-date sales in May were up 7.3 percent, according to AutoData Corp., while the SAAR was up 1.36 million units from a year ago. Several manufacturers also reported record-breaking Mays.
Read More →Used-car buyers are leaving their markets in greater numbers to locate the vehicles they want and at the right price. In May, CNW spotted a 32.6 percent increase in the number of used vehicles acquired outside of the buyer’s DMS.
Read More →Last year, more American households went without a car. It’s a trend that started in 2007, and one that could make fleet sales even more important in the future.
Read More →The University of Michigan's Transportation Research Institute found middle-aged car buyers were 15 times more likely to buy new vehicles than 18-to-24-year-olds.
Read More →Compact crossovers fueled industry sales in April, while full-size cars continued to lose market share as consumers turned to mid-size sedans.
Read More →The 2013 chairman calls out the CFPB for not demonstrating that problems exist with dealer participation programs, and questions the bureau’s use of the disparate impact theory.
Read More →Thirteen Democrats in Congress sent a letter to the CFPB's Richard Cordray, asking for “any and all background information” on the bureau's investigations of auto finance.
Read More →General Motors, Mercedes-Benz and Volkswagen have committed millions of dollars to showroom makeovers and facility updates to capture market share on both U.S. coasts.
Read More →Classified ads are fading away thanks to the Internet, where dealers are discovering new ways to market and move inventory.
Read More →Most customers will say ‘No’ when you ask them if they have any questions about the products you presented on the menu. But there’s a small twist you can add to the end of that question that will determine how the rest of the conversation goes.
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