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NewsNovember 23, 2010

New Mexico Dealer Charged With Forgery

The 70-year-old former owner of Valley Auto Sales in Las Cruses, N.M., was arrested last week on 17 counts of forgery.

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NewsNovember 23, 2010

TrueCar.com Forecasts Sales, Incentives Spending for November

TrueCar.com reported today that it expects new light-vehicle sales (including fleet) to be 868,283 units, up 16 percent from November 2009 and a decrease of almost 9 percent from October 2010 (on an unadjusted basis).

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NewsNovember 23, 2010

Bank of America Launches Car-Buying Site

Bank of America rolled out today a new online shopping site for new and used vehicles that links prospective buyers to the bank’s certified dealers.

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NewsNovember 16, 2010

Comerica Bank: Auto Affordability Improves in Q3

The purchase and financing of an average priced new vehicle took 23.8 weeks of median family income in the third quarter 2010, according to Comerica Bank’s Auto Affordability Index.

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NewsNovember 16, 2010

AutoUpLinkUSA Offers Automated Ad Manager for Classified Listings

AutoUpLinkUSA, a provider of online inventory listing and marketing solutions, has launched the Automated Ad Manager, a fully automated ad management solution that distributes used-vehicle advertising on free classified platforms like Craigslist.

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NewsNovember 8, 2010

NADA AppraisalPRO Optimized for Smartphone

NADA Used Car Guide announced that NADA AppraisalPRO has been optimized to work on smartphones, including iPhones, iPads, Androids and Palm Pre/Pixies.

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NewsOctober 29, 2010

Edmunds.com Forecasts Not-So Thrilling October Sales Month

This month's new-car sales (including fleet sales) are expected to be approximately 920,200 units, a 10.8 percent increase from October 2009 but a 3.4 percent decrease from September 2010, according to Edmunds.com.

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NewsOctober 26, 2010

No C4C, No Problem, Dealers Report

Despite not having a sales boost from last year’s Cash for Clunkers, three of the largest dealer groups in the nation reported year-over-year increases in third-quarter revenues.

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NewsOctober 26, 2010

Dealer Specialties and vAuto to Provide Real-Time Inventory Services

Dealer Specialties, a division of Dominion Dealer Solutions and a provider of comprehensive inventory management solutions, Websites and marketing tools, is now offering real-time inventory updates through vAuto.

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NewsOctober 21, 2010

Certified Preowned Programs Booming, Boosting Used-Car Prices, Edmunds.com Says

Edmunds.com estimated that the average price paid in the United States for a used three-year-old vehicle in September 2010 was $18,832, up $1,471, or 8.5 percent, from September 2009.

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