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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.
Read More →The vehicle information site expects significant sales gains for Honda and Toyota, which are benefiting from increased inventory levels compared to 2011.
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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.
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The industry shifts its gaze to leasing as the segment realizes gains and prompts dealers to update their processes.
Read More →Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big winners were General Motors, Ford and Chrysler, with GM reclaiming the top spot in world vehicle sales two years after it emerged from its U.S.-backed bankruptcy.
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