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Luxury Automaker’s CPO Sales up 12%

For the month of March 2012, Porsche’s Approved Certified Pre-Owned vehicle sales were 862, compared to 770 last year – a 12 percent increase. Year-to-date, Porsche’s CPO sales are up 14 percent (2,367 vs. 2,073).
Apr 6, 2012

BMW Certified Sales Up 10%

In March, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 10.2 percent to 16,278 vehicles from the 14,773 vehicles sold in March 2011.  January through March, BMW used vehicle sales are up 5.4 percent on volume of
Apr 6, 2012

Mercedes-Benz CPO Program Down 3% in March

Through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,994 vehicles in March; a -3.3% decrease when compared to March 2011 (sales of 7,236 vehicles).  On a year-to-date basis, MBCPO sold 19,924 vehicles, an increase of 2.0% over
Apr 6, 2012

Pre-owned Front End Gross

When we look at pre-owned department gross (front end only) we need to remember that F&I income is a separate entity. The F&I department is responsible for F&I income. Pre-owned managers are primarily responsible for the front end gross.
Apr 5, 2012

In your Face…Up your Ads!

Can “in your face” messaging up your advertising effectiveness? Advertisers who know the secrets of in-your-face marketing say it’s the only way to go in the ever-increasing clutter, confusion and hyperbole of the zillions of messages assaultin
Apr 4, 2012

Honda Voluntarily Recalls 554,000 Vehicles

TORRANCE, Calif. — Honda will voluntarily recall approximately 554,000 model-year 2002-2004 CR-V and model-year 2003 Pilot vehicles in the United States to inspect and replace components of the headlight wiring system. There is a potential fail
Apr 2, 2012

Used Car Prices Estimated to be Up 9.5%

SANTA MONICA, Calif. — TrueCar.com, the authority on new car pricing, trends and forecasting, today released its March 2012 sales and incentives forecast.  The forecast shows the following: For March 2012, new light vehicle sales in the U.S.
Mar 30, 2012

Specialized Pre-Owned Track to be Featured at 12th Digital Dealer Conference & Exposition

For the first time, a specialized Pre-Owned Track will be featured at the 12th Digital Dealer Conference & Exposition to be held April 3-5, at the Rosen Shingle Creek Resort, in Orlando, FL.  Overall, this conference will offer 93 workshops, 90
Mar 30, 2012

GM Milestone: Remarkets 14 Millionth Vehicle

This week General Motors announced it is remarketing its 14th million vehicle at Southern Auto Auction in East Windsor, Conn.– a significant milestone for the company, as well as the auction. “The 14 millionth remarketed GM vehicle is a milestone
Mar 30, 2012