Trending Auto Retail News
AAS Selected to Manage Maryland/Delaware Independent Dealers Association
Hanover, Md. -- Jack Tracey, CAE, Automotive Association Services president, announces that AAS will provide management services for the Maryland/Delaware Independent Automobile Dealer Association (MIADA-DIADA).The relationship began January 1, 2012. Brad Hudson has...
James D. Power IV, Steve Wilhite and Bill Young Join The EVOX IMAGES® Board Of Advisors
Los Angeles, CA. – EVOX IMAGES®, the innovative source for a comprehensive and powerful library of automotive imagery, has elected three top industry leaders to its Board of Advisors. James D. Power IV Steve Wilhite Bill Young “We are delighted and honored to welcome...
10 Best Used Cars Under $8,000
IRVINE, Calif. -- Kelley Blue Book www.kbb.com, the leading provider of new car and used car information, announces the 10 Best Used Cars Under $8,000 (http://www.kbb.com/car-news/all-the-latest/10-best-used-cars-under-8000/). As economic conditions in the U.S....
ABA: Direct Auto Loan Delinquencies Fell from 1.15%
WASHINGTON – Consumer delinquencies fell in seven of eleven loan categories in the third quarter of 2011, with two categories – bank cards and home equity lines of credit – holding virtually steady. The composite ratio, which tracks delinquencies in eight closed-end...
Truecar.com: Transaction Prices Continue to Reach New Record Highs in December
SANTA MONICA, Calif. -- TrueCar.com, the authority on new car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $30,686 in December 2011, up $1,682 (5.8 percent) from December 2010 and up $189...
December Second Best Month for BMW CPO
In December, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 16,264, an increase of 3.5% from the 15,714 sold in December 2010. In 2011, BMW pre-owned once again was leader in its segment. December proved to be the second best month...
Audi CPO Sales Hit Record Numbers
December was a record month for Audi Certified pre-owned, surpassing the record in December 2007 of 2,889 sales, with 3,406 units sold; YTD sales set a new all-time annual record with a total of 37,259 units sold in 2011
AutoNation Customers to Get 3-Month SiriusXM Subscription on Pre-Owned Vehicles with Factory-Installed Satellite Radios
NEW YORK -- Sirius XM Radio and AutoNation, Inc., America's largest automotive retailer, announced that customers will be eligible to receive a 3-month SiriusXM subscription when they purchase a pre-owned vehicle with a factory-installed satellite radio, regardless of...
December Closes at 13.4 Million SAAR
According to Kelly Blue Book’s recent issue of the Blue Book Market Report for January 2012 December closes at 13.4 million SAAR and 12.8 million total sales for 2011. THIS MONTH’S REPORT INCLUDES: MARKET ANALYSIS: December Closes at 13.4 Million SAAR, 12.8 Million...
Mercedes-Benz CPO Sales Down 3.5%
Mercedes-Benz Certified Pre-Owned (MBCPO) program, MBUSA sold 6,112 vehicles in December 2011, a decrease of 3.5%. On a year-to-date basis, MBCPO sold 74,571 vehicles, a decrease of 7.6% over the comparable period last year.
Direct Lift Becomes “The Official Lift of the Barrett-Jackson Auctions”
Madison, Ind. – Direct Lift, North America’s leading hobbyist lift brand, has been selected as the Exclusive Lift Sponsor for all the Barrett-Jackson auctions. Barrett-Jackson produces “The World’s Greatest Collector Car Auctions™.” These automotive and luxury...
ABI: Total Bankruptcy Filings Decrease 12% in 2011
Alexandria, Va.— Total bankruptcy filings in the United States decreased 12 percent in 2011 over calendar year 2010, according to data provided by Epiq Systems, Inc. Bankruptcy filings totaled 1,379,113 for the 12-month period ending Dec. 31, 2011, over the previous...
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