Trending Auto Retail News
BMW CPO Sales Up 5%
In June, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 5.4 percent to 13,489 vehicles from the 12,801 vehicles sold in June 2011. January through June, BMW used vehicle sales are up 3.5 percent on volume of 82,281 compared to...
Porsche Pre-Owned Vehicle Sales Up 10% From 2011
Porsche's Approved Certified Pre-Owned vehicle sales were 646 for June 2012. Year-to-date, Porsche has sold 4,669 CPO models, a 10 percent increase versus 2011 (4,232).
Mercedes-Benz CPO Sales Increased 3%
Through the Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,593 vehicles in June; an increase of 2.9% when compared to June 2011 (sales of 6,410 vehicles). On a year-to-date basis, MBCPO sold 39,419 vehicles, a decrease of 1.1% over the comparable...
Audi CPO Sales Remain Strong
Audi Certified pre-owned sales remained strong, despite the reduced inventory of available models for the program. As a result, 2012 year-to-date Audi CPO sales of 18,339 were 2.7 percent below the record pace set in in the first half of 2011.
My Used Car Salesperson Training
First job on an independent lot in 1971 It was September 1971 and I had been married for two months. I had been looking for a job since mid-summer in the automotive industry. I had worked part time at liquor stores and car washes between my interviews with every...
DealerSocket Participates in Charity Golf Tournament
DealerSocket Proudly Sponsors Sheckler Foundation Golf Tournament SAN CLEMENTE, Calif. -- DealerSocket, a leading auto dealer CRM company based in San Clemente, CA, participated in the 5th Annual Celebrity Skins Golf Tournament—The Fred Water Helicopter Ball Drop,...
AIADA Endorses Wells Fargo Dealer Services
Partnership Will Provide Members with an Integrated Financial Services Solution Alexandria, Va. – The American International Automobile Dealers Association (AIADA) today announced a new affinity relationship with Well Fargo Bank, N.A. DBA Wells Fargo Dealer Services...
The 13th Digital Dealer Conference & Exposition offers new ways to learn, network and improve
As we continue the countdown to the 13th Digital Dealer Conference & Exposition progressive dealers and managers prepare to attend the industry’s most innovative learning and networking event. The conference agenda is now available, and the first round of speaker...
Direct Auto Loan Delinquencies Fall 0.2%
Consumers make headway on debt despite challenges WASHINGTON – Consumer delinquencies fell in 10 of 11 categories tracked by the American Bankers Association, which recently released results from the first quarter 2012 Consumer Credit Delinquency Bulletin. The...
Ad-ology Study Shows Surge in New Vehicle Purchase Plans
WESTERVILLE, Ohio -- According to the new Ad-ology Auto Shoppers Forecast, 36% of U.S. consumers plan to purchase a new vehicle in the next 12 months. That’s a 64% increase from May 2011. “Stability in the U.S. economy is allowing many owners of older vehicles to shop...
International Nameplate Automobile Dealers Announce Monthly Sales: June Sales Push SAAR Past 14 Million
Alexandria, VA – The American International Automobile Dealers Association (AIADA) today released June 2012 sales figures for the international nameplate automobile industry. AIADA represents America’s approximately 10,000 international nameplate franchises whose...
Ed Morse, Florida Automotive Pioneer, Passed Away at 91
South Florida automotive pioneer, Ed Morse, who started his automotive career in 1946, passed away on Friday, June 29 of natural causes at the age of 91. Over the years, as Chairman and with his son, Ted, his company grew to become one of the most respected automotive...
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