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In August, the estimated average transaction price for light vehicles in the United States was $32,495, according to the vehicle valuation source. New-car prices have also increased 2.7% from the same period last year.
Read More →The weather cleared in time to drive up April sales by 4.1% from a year ago. April’s SAAR was 16.04 million, up from March’s SAAR but down from a year ago.
Read More →Edmunds.com presented its inaugural 2014 Most Popular on Edmunds.com Awards at this week’s New York International Auto Show, with Ford, Chevrolet and Toyota taking home top honors.
Read More →Incentive growth was at its lowest point in March since last September, but the NADA Used Car Guide noted that the automakers that decreased spending were the ones that scored sales increases for the month.
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General Motors has selected Steve Hill to succeed Alan Batey as vice president of U.S. sales and service. The company also announced that Tim Turvey will lead the customer care and aftersales organization.
Read More →A new brand loyalty report from CarFinance.com found that below-prime car buyers are less loyal than the average car buyer. Kia topped the list of brands this group is most loyal to.
Read More →The 2014 Land Rover Range Rover was named by Edmunds.com as the fastest selling car in in November. The list contains several other familiar names, including the Chevrolet Corvette and Jeep Cherokee.
Read More →Capital One, Mastercard and General Motors are extending their relationship with the launch of the new GM Card, which offers rewards consumers can use toward the purchase or lease of a new Chevrolet, Buick, GMC or Cadillac vehicle.
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Timbrook Automotive’s Stephanie Cooper is this year’s F&Idol winner, while Ohio's Serpentini Chevrolet of Strongsville takes home the F&I Dealer of the Year award.
Read More →Report from Borrell Associates calls social and mobile media the most disruptive online wave for advertising budgets this year. But the ad category appears to be paying off so far, the firm concludes.
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