Edmunds.com has acquired mobile startup CarCode, a service that lets customers and dealers engage in one-on-one text messaging. It is the first acquisition for the online car-shopping website.
Edmunds pulled an online ad campaign last week for its Price Promise program after dealers complained it portrayed them as ‘bad guys’ in the car-shopping process.
Projected September sales would be an 11% increase from the previous year, with Edmunds predicting that about 1.26 million new cars and trucks will be sold during the month.
Edmunds.com forecasts that about 1.46 million new cars and trucks will be sold in the U.S. market in July, the highest July total since 2006.
Edmunds.com forecasts that about 1.36 million new vehicle will be sold in June, a 15.4% decline from May and a 3.1% decline from June 2013. Analysts, however, say the declines don’t mean June will be a bad month for car sales.
Honda won in the nonluxury division with a projected residual value of 50.1% after five years, while Acura took home the luxury crown with a projected five-year residual value of 45.4%.
Most car shoppers don't fixate on a rock-bottom price, especially if they can avoid long and tense negotiations with fair upfront pricing, according to a report from Edmunds.com.
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.
The vehicle information site names the seven judges who will oversee its second annual Hackomotive event, a three-day contest in which participants develop products and ideas that promote a better car-shopping experience.
An excessive supply of used vehicles hitting dealer lots is expected to drive prices down and cause a chain reaction that could raise monthly payments and lower trade-in values.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In