Auto Retail News

Take it to the bank: U.S. auto loans hit 8-year high, from MarketWatch. Show us the car facts? All right, here’s one. The number of new auto loans in January and February hit an eight-year high, another sign the U.S. economy continues to forge ahea

Honda Finance may face U.S. penalty for discrimination in auto-loan pricing, from Automotive News. American Honda Finance Corp. disclosed that the Consumer Financial Protection Bureau and U.S. Department of Justice have concluded the company was resp

BMW Group U.S. Reports November 2014 Sales, from Sys-Con Media. Sales of BMW brand vehicles decreased 2.3 percent in November for a total of 31,019 compared to 31,752 vehicles sold in November, 2013. Year-to-date, the BMW brand is up 9.7 percent on s

5 things we learned from November auto sales, from USA Today. A big Black Friday weekend finish — with heavy marketing by automakers and dealers that started early in the month — pushed November to a sales boom and ensured a strong finish for the

Is The Pre-Owned Tesla Program To Blame For Low-ball Trade-Ins?, from Gas2. Tesla Motors doesn’t operate like a traditional car company, though it still offers a trade-in program that lets buyers bring their old cars, which are bid on by local car

AutoTrader Says Certified Pre-Owned Means Happy Owners Who Buy New Cars Next, from Marketing Daily. While the numbers are still comparatively small, certified pre-owned (CPO) cars and trucks are about 18% of new car and truck volume and under 10% of

WheelsTV Unveils Inventory Video Integration for All New and Used Car Dealers, from Virtual-Strategy Magazine. WheelsTV has unveiled the first ever full-motion HD video integration for use within auto dealers’ website Vehicle Detail Pages (VDP’s)

AutoNation plans mid-December rollout of digital storefront in Florida, from Automotive News. Company promotes 5-step buying process, called SmartChoice Express Starting Dec. 11, customers of 30 AutoNation stores in south Florida will be able to use

Cold Calling Is Dead, from Business 2 Community. My first sales job required me to make cold calls to bond traders and convince them to buy our economic consulting services. We had lists of names and numbers to contact that came from directories of p