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The 2010 Motor Trend Certified Pre-Owned dealers delivered more than 10,000 CPO vehicles in 2010, according to Motor Trend and EasyCare.
Read More →The Dealer Services Group of Automatic Data Processing Inc. announced Tuesday that its Dealix business unit hired Peter Wilson as executive director of UsedCars.com, an automotive shopping site.
Read More →The current economic situation coupled with concern over the rise in gas prices has caused an increasing number of new-car and used-car shoppers to change their vehicle consideration criteria, according to a Kelley Blue Book Market Intelligence survey.
Read More →Edmunds.com estimated that the average automotive manufacturer incentive in the U.S. was $2,558 per vehicle sold in February 2011, essentially flat compared to January 2011, and down $99 – or 3.7 percent – from February 2010.
Read More →A new study conducted by TrueCar Inc. has determined that consumers prefer knowing the true price paid by others purchasing the same type of car in the last 30 days. It also revealed that consumers don't truly know how much dealers make on the sale of a vehicle.
Read More →This month's new-car sales (including fleet sales) are expected to be approximately 937,000 units, a 20.1 percent increase from February 2010 and a 14.4 percent increase from January 2011, according to Edmunds.com.
Read More →Arkansas State Sen. Gilbert Baker (R-Conway) wants to increase the state’s used-car sales tax exemption from $2,500 to $5,000 — at a cost to the state of about $7.8 million.
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A report issued by a Miami-Dade County grand jury says that Florida’s Department of Revenue (DOR) should go after suspected tax cheats, including used-car dealers, in an effort to close a nearly $4 billion budget gap.
Read More →New-vehicle sales are off to a strong start in February because of better floor traffic and closing ratios, as well as a looser credit market, according to CNW’s Retail Automotive Summary.
Read More →Carfax is increasing its support of dealers to boost customer traffic and used-car sales. Subscribing dealers have access to an expanded set of free marketing materials from Carfax that influence a car buyer’s dealer choice and build confidence.
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