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Wholesale Used Vehicle Prices Decline Again
According to Manheim Consulting, the Manheim Used Vehicle Value Index fell again in August. Manheim said wholesale used vehicle prices declined 0.4% in August. This was the fifth consecutive monthly decline and brought the Manheim Used Vehicle Val
Sep 14, 2012
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Manheim Selects Two New Leaders at Manheim San Francisco Bay and Manheim Albany
Tina Novoa Joins Manheim San Francisco Bay from Nissan North America; Jay Waterman Assumes New Leadership Role at Manheim Albany ATLANTA – As part of the company’s efforts to identify the best talent to achieve its long-term strategic goals, Manh
Sep 14, 2012
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Wholesale Depreciation Slows in August
According to September’s edition of Guidelines, NADA Used Car Guide’s monthly market update, used vehicle demand is still firm. Light vehicle highlights include: Wholesale Depreciation Slows in August Market average slips by a better-than-exp
Sep 14, 2012
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Hertz Commences Tender Offer to Acquire Dollar Thrifty
PARK RIDGE, N.J. — Hertz Global Holdings, Inc. (NYSE: HTZ) this week commenced a cash tender offer to purchase all outstanding shares of common stock of Dollar Thrifty Automotive Group, Inc. (NYSE: DTG). As previously announced on August 2
Sep 14, 2012
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What to Know When Buying Used
DETROIT – As a leader in vehicle connectivity, OnStar provides valuable services to not only owners of new General Motors vehicles, but to owners of used vehicles as well. Approximately 3.3 used cars are sold for every one new car sold, which makes
Sep 14, 2012
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Cadillac CPO Sales Up 8%
Cadillac certified pre-owned sales were up 8.4% in August 2012 vs. July 2012. For Chevrolet, Buick, GMC certified pre-owned vehicles, sales were up 5.7% vs. July. Chevrolet, Buick, GMC August 2012: Month end total sales: 23,305 Month over month perce
Sep 14, 2012
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President of DrivingLoyalty.com Discusses How Data Drives Customer Loyalty and Retention
Today’s educated consumers seek information relevant to them and their ongoing ownership experience versus simply researching their next vehicle purchase. Scott Davis, president of DrivingLoyalty.com, will share with you technology driven solutions
Sep 14, 2012
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Reality TV Can Help You Sell Cars
For better or worse, reality TV has taken network programming by storm. Like you, I have gotten hooked on “Storage Wars”, “American Pickers”, “Desert Car Kings” and others. I am convinced by the booming success of reality shows that a lot
Sep 14, 2012
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Comerica Bank Reports Auto Affordability Improves In Second Quarter
DALLAS — The purchase and financing of an average-priced new vehicle took 22.9 weeks of median family income in the second quarter of 2012, according to Comerica Bank’s Auto Affordability Index. Consumers on average spent roughly the same
Sep 14, 2012