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The Return of Domestic Blue Sky
For many years, domestic franchises were a challenge to sell. Buyers were unwilling to pay up for blue sky and were rightly concerned about declining market share and potential OEM bankruptcies. As a result, the prices offered for these franchises we
Mar 1, 2012
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Dealer ManagementDealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
Dispelling the Myth of the ‘Perfect Used Car’
For the past few months, I’ve been monitoring dealer used vehicle inventories through vAuto’s new Provision inventory management engine, which assigns letter grades to prospective vehicles a dealer might acquire. An eye-opening finding: It’s ve
Mar 1, 2012
DealerTrack Brings Local Teams Together with New Office Space in Dallas
Lake Success, N.Y. ─ DealerTrack, a leading provider of technology solutions and services to the automotive retail industry, today announced the company will be leasing approximately 59,152 square feet of new office space at Dallas’ prestigious
Mar 1, 2012
Luxury Pre-Owned Sales Up in February
For the month of February, certified pre-owned sales for BMW, Audi, Mercedes-Benz and Porsche were all up. BMW: In February, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 4.6 % to 13,375 vehicles from the 12,791 v
Mar 1, 2012
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Dealer/GM NewsDigital DealerFixed Operations NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Consumer Reports: Buying A Used Car May Be a Better Deal Than Ever
YONKERS, N.Y. — With every passing year, buying a used car becomes less of a gamble according to a new analysis by Consumer Reports. Even the least reliable car-makers are gaining ground on the perennial reliability leaders, Toyota and Honda;
Mar 1, 2012
Manheim Completes Purchase of Dealers Services Corporation
ATLANTA – Manheim has completed, on schedule, its planned purchase of Dealer Services Corporation (DSC), which reinforces its commitment to provide inventory financing to independent dealers. DSC is a used vehicle floor plan company for independen
Mar 1, 2012
Edmunds.com: Low Incentives Spending Suggests Big First Quarter for Automakers
SANTA MONICA, Calif. — February’s incentives spending on new car sales increased month-over-month but still came in at the lowest of any February since 2003, according to an analysis of Edmunds.com’s True Cost of Incentives® (TCISM).
Mar 1, 2012
TrueCar.com: New Car Transaction Prices Rise in February 2012
SANTA MONICA, Calif. — TrueCar.com, the authority on car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,605 in February 2012, up $1,943 (6.8 percent) from Febru
Mar 1, 2012
Consumer Reports Automaker Report Cards 2012: Subaru Drives Into Top Spot as Honda Slips
YONKERS, N.Y. — Riding a wave of impressive redesigned models in the last few years, Subaru for the first time has earned the top score in Consumer Reports automaker report cards for 2012. Subaru’s score of 75, two points higher than last
Feb 29, 2012