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Wholesale prices continued to return to normal levels in the first half, which Manheim attributed to an improving employment picture and rising new-vehicle sales.
Read More →Franchised dealers are expected to realize a 3.35 percent increase in used-vehicle sales, while independents should be up 3.82 percent, CNW said today.
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 →Certified pre-owned sales are up 6.2 percent in the first three month of 2013 vs. the same period last year, Edmunds.com reports.
Read More →The new tool is designed to allow car shoppers to get an online appraisal of their trade-in, then offers incentives to to bring their vehicle to the dealership for a full appraisal.
Read More →Asbury Automotive Group Inc. achieved an all-time high for first-quarter operating profits, the dealer group reported today.
Read More →In his weekly “Beggs on the Market” report, Black Book’s Ricky Beggs noted that the push for the extra dollar in the auction lanes wasn’t as strong as it was two weeks ago.
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The secondary retail and finance markets didn’t dominate the headlines in 2011, but used cars and subprime lending are key to continued growth in the year ahead.
Read More →Manheim Consulting’s 17th annual report on the used-car market revealed that auto manufacturers, rental car companies, lenders and dealers increased revenues and earnings in 2011 despite a weak economic backdrop.
Read More →Total used sales for December were up almost 12 percent, while sales for the year were up 5.2 percent, CNW Research reported today.
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