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AutoRef Announces Seed Funding Round of $850,000

Pittsburgh, PA – Pittsburgh-based startup AutoRef.com, a website that’s improving the used car buying process, announced it has raised $850,000 in seed funding. The seed funding round is being lead by local investors and former FORE Systems e
Apr 12, 2013

One-Off Bertone Jet to Cross the Block at Bonhams’ Aston Martin Works Sale

CarBuzz’s exclusive provides coverage of an impressive classic one-of-a-kind Bertone Jet, schedule to cross the auction block next month. This small series designed by Giorgetto Giugiaro for Bertone, debuted at the 1961 Geneva Auto Show. Severa
Apr 12, 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

Re-develop Customer Relations with Low Pressure Sales Tactics in Pre-owned

Jenn Herman provides customer insight on the experience available in the used department. Re-working your sales team to be less pushy and more professional is an obvious tactic that improves customer relations, and can be employed in social media as
Apr 12, 2013

Used Car Value Index for March 2013

Manheim’s Used Vehicle Value index reflects on the drop in sales in March, 2013. Lease support has grown, as have dealer auction sales. A full outline of selective markets and price changes is available in the report below: View the PDF on Manh
Apr 12, 2013

Stock Versus Scrap Rates for Used Cars Reveal Clunkers Still Popular

From Energy Exchange, sources recognize an interesting trend that runs contrary to current administration preferences. The Obama administration’s firm stance against fuel-inefficient vehicles, now defined as any car running under 41.7 mpg, seem
Apr 12, 2013

Commercial Truck Resale Trends, Nationwide

NADA’s blog provides insight on regional popularity for sleeper tractors and trucks. Values placed on trucks by region reveal that California, the Mountain region and Desert Southwest are most popular for used truck sales. View the graph and mo
Apr 12, 2013

CarMax Quarterly Profits Improve as Used Car Sales Fall

RICHMOND, Va. – CarMax, Inc. (NYSE:KMX) today reported record results for the fourth quarter and fiscal year ended February 28, 2013. “We believe our long-term focus on developing associates, enhancing the customer experience, driving efficie
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