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Porsche Sets New CPO Sales Record

Porsche’s Approved Certified Pre-Owned vehicle sales set a record for the month of May 2012, with 871 vehicles sold compared to 750 last year – a 16 percent increase. Year-to-date, Porsche’s CPO sales are up 12 percent (4,025 vs. 3,597)
Jun 7, 2012

First Quarter Used Commercial Vehicle Registrations Decline, According To Polk

SOUTHFIELD, Mich. — Used commercial vehicle registrations (GVW 3-8) in the U.S. declined 26.7 percent to 164,024 units during the first quarter of 2012 as compared with the same timeframe in 2011 according to a recent Polk report. “While
Jun 7, 2012

Audi CPO Sales Up 17%

Audi May Certified Pre-Owned sales jumped 16.9% compared to vehicles sales from April 2012.
Jun 6, 2012

Great Reads on Advertising and Branding

I read a lot. Often several business books a weekend. Well, sort of. About six years ago I stumbled upon the business book abstract website: www.GetAbstract.com. For a person like myself who loves to read, it was a Godsend. For a fee of approximately
Jun 5, 2012

Four Ways to Keep More Trades and Maximize Profitability

Many dealers correctly recognize the need to keep more trade-ins to feed their used vehicle inventories. This trend raises an age-old tension at many dealerships: the new vehicle department typically wants to set the highest trade-in value possible t
May 31, 2012

TrueCar.com: Used Car Sales Estimated to be up 6.3% from May 2011

May 2012 SAAR Estimated at 14.5M; Volkswagen Sales Highest Ever; Toyota Sales Highest Since August 2009 SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its May 2012 sales and incenti
May 24, 2012

Edmunds.com Estimates 3.23 Million Used Cars Will Be Sold in May

SANTA MONICA, Calif. — Light vehicle sales are expected to continue at a healthy clip in May, reports Edmunds.com, the premier online resource for automotive information. Edmunds.com estimates that 1,391,163 new cars will be sold in May, for an
May 24, 2012

GM: Volt Generates First Time Interest in Chevrolet

DETROIT – The Chevrolet Volt is winning new customers to the brand from the competition with the Toyota Prius topping the list of most traded-in vehicle followed by the Toyota Camry, Honda Civic and BMW 3 Series. “I owned a Prius for six years an
May 23, 2012

Online Vehicle Auction Company Copart, Inc. Acquires Diamond Auto Bids and Disposals

DALLAS — Copart, Inc., a leading online salvage vehicle auction company this week announced it has acquired Diamond Auto Bids and Disposals, a privately-held automotive auction with locations in Calgary and Edmonton, Alberta, Canada. The acquis
May 22, 2012