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ABA: Direct Auto Loan Delinquencies Fell from 1.15%
WASHINGTON – Consumer delinquencies fell in seven of eleven loan categories in the third quarter of 2011, with two categories – bank cards and home equity lines of credit – holding virtually steady. The composite ratio, which tracks delinquenci
Jan 6, 2012
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Truecar.com: Transaction Prices Continue to Reach New Record Highs in December
SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,686 in December 2011, up $1,682 (5.8 percent) from De
Jan 6, 2012
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December Second Best Month for BMW CPO
In December, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 16,264, an increase of 3.5% from the 15,714 sold in December 2010. In 2011, BMW pre-owned once again was leader in its segment. December proved to be th
Jan 6, 2012
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Audi CPO Sales Hit Record Numbers
December was a record month for Audi Certified pre-owned, surpassing the record in December 2007 of 2,889 sales, with 3,406 units sold; YTD sales set a new all-time annual record with a total of 37,259 units sold in 2011
Jan 6, 2012
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AutoNation Customers to Get 3-Month SiriusXM Subscription on Pre-Owned Vehicles with Factory-Installed Satellite Radios
NEW YORK — Sirius XM Radio and AutoNation, Inc., America’s largest automotive retailer, announced that customers will be eligible to receive a 3-month SiriusXM subscription when they purchase a pre-owned vehicle with a factory-installed
Jan 6, 2012
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December Closes at 13.4 Million SAAR
According to Kelly Blue Book’s recent issue of the Blue Book Market Report for January 2012 December closes at 13.4 million SAAR and 12.8 million total sales for 2011. THIS MONTH’S REPORT INCLUDES: MARKET ANALYSIS: December Closes at 13.4 Mill
Jan 6, 2012
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Mercedes-Benz CPO Sales Down 3.5%
Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,112 vehicles in December 2011, a decrease of 3.5%. On a year-to-date basis, MBCPO sold 74,571 vehicles, a decrease of 7.6% over the comparable period last year.
Jan 6, 2012
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Direct Lift Becomes “The Official Lift of the Barrett-Jackson Auctions”
Madison, Ind. – Direct Lift, North America’s leading hobbyist lift brand, has been selected as the Exclusive Lift Sponsor for all the Barrett-Jackson auctions. Barrett-Jackson produces “The World’s Greatest Collector Car Auctions™.” Thes
Jan 5, 2012
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ABI: Total Bankruptcy Filings Decrease 12% in 2011
Alexandria, Va.— Total bankruptcy filings in the United States decreased 12 percent in 2011 over calendar year 2010, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 1,379,113 for the 12-month period ending Dec. 31, 2011
Jan 5, 2012