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According to TrueCar.com, Honda and Toyota held the record for transaction prices for the second straight month. All transaction prices were up except for Ford and General Motors.
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The vehicle information site expects significant sales gains for Honda and Toyota, which are benefiting from increased inventory levels compared to 2011.
Read More →Apple's 'Siri' voice-activated technology is scheduled to be installed in future vehicles of nine major motor companies.
Read More →Despite the annual sales rate dipping from 14.42 million in April to 13.78 million, May retail sales were 25.7 percent higher than May 2011, according to Autodata Corp.
Read More →Two dealers report substantial increases in sales and F&I profitability, while CNW predicts the industry will close May in the 1.37 to 1.41 million-unit range.
Read More →TrueCar predicted Tuesday that new light-vehicle sales in March will increase 13.7 percent from the year-ago period to 1.417 million units.
Read More →Edmunds.com reported that Japanese car manufacturers are finally back on track in the United States one year after the March 11, 2011, earthquakes that struck Japan.
Read More →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.
Read More →The industry shifts its gaze to leasing as the segment realizes gains and prompts dealers to update their processes.
Read More →Despite the influx of new vehicles into the small- and budget-car marketplace, Consumer Reports said the Honda Fit remains on top in its list of best-value small cars.
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