Posts
The NADA Used Car Guide Update
The first 60 days of 2013 get reviewed for success factors in the NADA Used Car Guide update. Growth on pickups and cars between the ages of 8 years and 3 were marked. General Motors’ reported gains, as well as Chevrolet’s losses for entr
Apr 19, 2013
Chevrolet Posts 10th Straight Quarter of Record Global Sales
GM first quarter sales up 3.6 percent on strength of new product launches Cruze sales top 2 million around the world since launch in 2009 DETROIT – Chevrolet sold more than 1.18 million vehicles around the world in the first quarter of 2013 achievi
Apr 17, 2013
NADA: Used-Vehicle Prices for 2013 Peaked in March
McLEAN, Va. — Wholesale prices for used cars and light trucks reached their annual peak in March, says the NADA Used Guide in its April edition of Guidelines. Prices for used vehicles up to 8-years-old increased by 1.2% in March, substantially
Apr 17, 2013
Posts
Finance & Insurance News
Regulatory Highlights: F&I Income Changes, Mobile Ad Regulations and Legal Defect Clauses
This quarter in the auto industry has undergone many changes in auto sale, lawsuits and financial regulations. Keeping up with rules and regulations as they change and adjust for new cases is an essential part of avoiding federal and state-wide pitfa
Apr 16, 2013
Used Car Inflation Slips Further Into Red – TransUnion
The TransUnion Vehicle Pricing Index (VPI) for the first quarter of 2013 indicated that used passenger vehicle price inflation slipped further into negative territory to -1.4%, a significant drop from the 3.6% rise in price inflation in the same peri
Apr 16, 2013
Used Car Sales to Reach New Heights by 2015
ABS Auctions provides some insight from Manheim’s economist Tom Webb. Used retail sales trends, while occasionally dipping, are slowly rising year over year and have moved 12% ahead of other industries. Available financing, less fear of the mar
Apr 12, 2013
Vehicle Forecasting & Inventory Management Study
From GM and SAS Global Forum, vehicle retail forecasting demand and inventory management system usage can be modeled from the following study. With Shanghai as a market segment, follow the model to apply data from from inventory management systems to
Apr 12, 2013
Fraud Alert: DOT Identity Theft Scheme
FMCSA Security Bulletin # 032813.01 This bulletin is for use by FMCSA Industry, Government, and Law Enforcement Partners. Another round of fraudulent USDOT Letters dated March 12, 2013 are being distributed, largely by fax, to motor carrier officials
Apr 12, 2013
Posts
Finance & Insurance News
The Inventory Swing and the Fiscal Cliff Increase Odds of Mid‐Year Lull
Real GDP growth for the recently completed first quarter of 2013 appears likely to exceed earlier expectations when the first estimate is released on April 26. Despite the drag from fiscal tightening, real GDP growth is set to register in the rang
Apr 12, 2013