In the past two years, the amount of time consumers spent shopping for a car decreased dramatically, but the percentage of that time spent researching vehicles online increased from 60 percent in 2011 to 75 percent in 2013.
The University of Michigan's Transportation Research Institute found middle-aged car buyers were 15 times more likely to buy new vehicles than 18-to-24-year-olds.
Last year, more American households went without a car. It’s a trend that started in 2007, and one that could make fleet sales even more important in the future.
A recent study by the Federal Trade Commission determined that, for five percent of consumers, credit report errors led to them paying more for products such as auto loans and insurance.
J.D. Power and Associates’ recent study shows that car owners cite technologies that drive fuel economy and smartphone connectivity as features they want in their next vehicle.
Recent data from AutoTrader.com’s Trend Engine shows that new-car shoppers would opt for a better deal on a current model rather than delay the purchase for a redesign.
People speak 30,000 times per day on social media about their auto purchase journey, according to a new study. The news calls for changes in the automotive purchasing model.
A study conducted by CarGurus found that dealers located closer to a major city tend to offer better deals on used inventory than stores located more than 50 miles outside of a metropolitan area.
A new study finds that most consumers turn to Edmunds.com when selecting a dealership from which to purchase a vehicle.
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