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U.S. Auction Prices Increase in September
According to the OPENLANE Market Index report, the overall U.S. auction prices in September increased by 1 percentage point from the prior month, and ended even with September 2010. U.S. Pricing Trends: Car prices increased in September, ending 1 per
Oct 6, 2011
Audi CPO Sales Up 26%
Audi Certified Pre-Owned sales of 2,871 vehicles mark the best September on record and the seventh-consecutive record month. Year-to-date sales of 28,389 put Audi on track to deliver one of the best CPO years on record. Highlights from Audi’s C
Oct 6, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsInventory ManagementPre-Owned Sales & Marketing Strategies
Can You Guarantee Great Photos?
I’ve been taking digital photos of cars and putting them on the web for more than 16 years. There are many ways to take a poor vehicle photo, but fewer ways to take a fantastic photo. Most of the photos I’ve taken have been acceptable, maybe
Oct 6, 2011
Auto Loan Originations Now Consistent With Pre-Recession Levels
ATLANTA — Equifax’ most recent national, monthly report on automotive consumer credit trends continues to indicate positive news for the industry, with January – June 2011 new auto loan originations up 15 percent over the same period in
Oct 6, 2011
Porsche Pre-owned Year-to-Date Sales Up 15%
For the month of September 2011, Porsche’s Approved Certified Pre-Owned vehicle sales were 714, compared to 619 last year. The year-to-date total is 6,597, compared to 5,645 in the previous year – a 15% increase.
Oct 6, 2011
Chrysler Group Offers Introductory Incentives on Certain 2012 Models
Auburn Hills, Mich. – Chrysler Group LLC announced introductory incentives on certain 2012 Chrysler, Jeep®, and Ram Truck models. Chrysler Group is offering $500 in Customer Cash to qualified consumers who purchase a 2012 Chrysler Town &
Oct 6, 2011
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Dealer/GM NewsDigital DealerFinance & Insurance NewsPre-Owned Sales & Marketing StrategiesSales & Marketing
Direct Auto Loan Delinquencies Rise
WASHINGTON – Consumer delinquencies continued to move higher in this year’s second quarter, with nine of eleven loan categories showing slightly higher delinquencies amid weak job creation and a slowing economy, according to the American Bankers
Oct 6, 2011
KAR Announces Closing of OPENLANE Acquisition
Carmel, IN – KAR Auction Services, Inc. announced that it has successfully completed the acquisition of OPENLANE, Inc. OPENLANE is a North American online automotive auction company that provides a market for online buyers and sellers of wh
Oct 6, 2011
Mercedes-Benz CPO Sales Down 8.6%
The Mercedes-Benz Certified Pre-Owned (MBCPO) program sold 5,707 vehicles in September 2011, a decrease of -8.6%. On a year-to-date basis, MBCPO sold 57,359 vehicles, a decrease of -5.9% over the comparable period last year.
Oct 6, 2011