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Used-Car Prices Dropping, Not Crashing

Used-Car Prices Dropping, Not Crashing, from Wards Auto. Rising new-car sales and incentives end a streak for pre-owned vehicle values. A drop in used-car prices doesn’t mean they’ll crash and burn, say automotive remarketing experts at a confere
Dec 12, 2014

Used-car prices remain high, led by ‘certified used’

Used-car prices remain high, led by ‘certified used’, from USA Today. Faced with high prices for new cars, more car shoppers in November turned to the used-car market. Some of the biggest action came on so-called “certified pre-owne
Dec 12, 2014

The Road Less Travelled

The Road Less Travelled has always been my favorite corporate pathway in the automotive industry. The road less traveled is not cluttered, it’s not filled with billboards of promises of profits and riches from successful merchants.
Dec 12, 2014

BMW Group U.S. Reports November 2014 Sales

BMW Group U.S. Reports November 2014 Sales, from Sys-Con Media. Sales of BMW brand vehicles decreased 2.3 percent in November for a total of 31,019 compared to 31,752 vehicles sold in November, 2013. Year-to-date, the BMW brand is up 9.7 percent on s
Dec 4, 2014

5 things we learned from November auto sales

5 things we learned from November auto sales, from USA Today. A big Black Friday weekend finish — with heavy marketing by automakers and dealers that started early in the month — pushed November to a sales boom and ensured a strong finish for the
Dec 4, 2014

Is The Pre-Owned Tesla Program To Blame For Low-ball Trade-Ins?

Is The Pre-Owned Tesla Program To Blame For Low-ball Trade-Ins?, from Gas2. Tesla Motors doesn’t operate like a traditional car company, though it still offers a trade-in program that lets buyers bring their old cars, which are bid on by local car
Dec 4, 2014

AutoTrader Says Certified Pre-Owned Means Happy Owners Who Buy New Cars Next

AutoTrader Says Certified Pre-Owned Means Happy Owners Who Buy New Cars Next, from Marketing Daily. While the numbers are still comparatively small, certified pre-owned (CPO) cars and trucks are about 18% of new car and truck volume and under 10% of
Dec 4, 2014

WheelsTV Unveils Inventory Video Integration for All New and Used Car Dealers

WheelsTV Unveils Inventory Video Integration for All New and Used Car Dealers, from Virtual-Strategy Magazine. WheelsTV has unveiled the first ever full-motion HD video integration for use within auto dealers’ website Vehicle Detail Pages (VDP’s)
Dec 4, 2014

Why You Should Give an Open Auction a Try

I recently made the decision that I needed to further my education, as well as try to find something that I could bring to you that would narrow the gap between dealers to wholesale to independents profitability. When we look at the number of vehicle
Nov 28, 2014