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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
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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
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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
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EFG Pushes Retail Automotive Technology Forward Benefiting Dealerships With a Vision for Profitability

Dallas, TX – EFG Companies announced today that after eight years of successfully implementing and managing its CRM software suite, SalesEDGE®, the company has carefully selected OptionSoft Technologies to take this technology forward. EFG develop
Jun 7, 2012
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First Quarter Used Commercial Vehicle Registrations Decline, According To Polk

SOUTHFIELD, Mich. — Used commercial vehicle registrations (GVW 3-8) in the U.S. declined 26.7 percent to 164,024 units during the first quarter of 2012 as compared with the same timeframe in 2011 according to a recent Polk report. “While
Jun 7, 2012
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Innovative New kbb.com Classifieds Experience Provides Unique, Helpful Way To Search For Car Listings In Shopper’s Local Area

Kelley Blue Book’s kbb.com Debuts New Tool Helping Buyers Find Local New and Used Cars That Best Meet Their Needs IRVINE, Calif. — Kelley Blue Book, the leading provider of new car and used car information, today announces an all-new, inn
Jun 7, 2012
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Global Mobile Advertising Market Valued at $5.3 Billion

First Initiative by Industry to Size Mobile Advertising Market Globally NEW YORK, NY — The IAB Mobile Marketing Center of Excellence in the U.S., IAB Europe and IHS Screen Digest have joined forces to size the mobile advertising market at global an
Jun 7, 2012
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Mahindra Refutes All Allegations of US Dealers

Earlier this week U.S. automobile dealers from across the country filed a lawsuit this week accusing the Indian truck manufacturer Mahindra & Mahindra, Ltd. and its U.S. counterpart of fraud, misrepresentation, and conspiracy. The lawsuit alleges
Jun 7, 2012
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Toyota Celebrates One Million Fans on Facebook

Reaching One Million Fans Milestone on Facebook, Toyota Plans Interactive Celebration with Fan and Owner Highlights  TORRANCE, Calif. – Toyota Motor Sales U.S.A., Inc. reached the one million fan mark today on their Toyota USA Facebook page and is
Jun 6, 2012