Auto Retail News
CarGurus Study Concludes: Get Out of the ’Burbs for the Best Used-Car Deals
Used-Car Shopping at City Dealerships Yields Greater Savings Than in the Suburbs CAMBRIDGE, Mass. — A recent study by auto research and shopping site CarGurus (www.cargurus.com) found that consumers shopping for a used car will find better-pric
Jun 8, 2012
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Parents Magazine and Edmunds.com Announce the 15 Best Family Cars for 2012
A Mix of High Mileage Cars as Well as Budget, Crossover, Eco-Friendly and Large Family Vehicles Make the List SANTA MONICA, Calif. — Parents and Edmunds.com, the leading online resource for car buyers, today revealed their list of the Best Family C
Jun 8, 2012
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Finance & Insurance News
May Bankruptcy Filings Fall 11%
Alexandria, Va.— Total bankruptcy filings in the United States for May 2012 decreased 11 percent compared to the previous year, according to data provided by Epiq Systems, Inc. May bankruptcy filings totaled 109,392, down from the 122,836 filings r
Jun 8, 2012
Six Keys to an Effective Insurance Bid Process
Since my article in the February 2012 issue of Dealer magazine “A Firming Insurance Market for 2012,” the evidence of a tightening insurance market and the resulting rising rates keep mounting. An April article in Business Insurance stated, “Tr
Jun 7, 2012
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Donna Gaudet Hosmer Elected Chair of NHADA
CONCORD, NH – Donna Gaudet Hosmer of AutoServ Dealer Group was elected Chair of the Board of Directors of the New Hampshire Automobile Dealers Association (NHADA) at the association’s annual meeting May 22 at the Radisson Hotel Manchester. Ms
Jun 7, 2012
Pandora Unveils Mazda as Latest Brand to Join Extensive Line-Up of Automotive Partners
More than 50 models across 19 automotive brands that feature Pandora currently available at dealerships OAKLAND, Calif. — Pandora, the leading internet radio service, today announced that Mazda has joined the growing roster of major car manufa
Jun 7, 2012
Mercedes-Benz CPO Program Sales Down 4%
Through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,534 vehicles in May; a decrease of 4.1% when compared to May 2011 (sales of 6,816 vehicles). On a year-to-date basis, MBCPO sold 32,826 vehicles, a decrease of 1.9% over th
Jun 7, 2012
BMW Pre-Owned Vehicle Sales Up 7%
In May, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 7.4 percent to 13,930 vehicles from the 12,975 vehicles sold in May 2011. January through May, BMW used vehicle sales are up 3.1 percent on volume of 68,792 co
Jun 7, 2012
Porsche Sets New CPO Sales Record
Porsche’s Approved Certified Pre-Owned vehicle sales set a record for the month of May 2012, with 871 vehicles sold compared to 750 last year – a 16 percent increase. Year-to-date, Porsche’s CPO sales are up 12 percent (4,025 vs. 3,597)
Jun 7, 2012