Trending Auto Retail News
AIM Dealer Inspections Turns on the “Switch” to Help Dealers, Buy, Sell Wholesale Vehicles
LONG BEACH, Calif. – AiM Dealer Inspections, evaluators of new and used vehicles, has launched a new website that allows dealers to post vehicles and move vehicles among multiple marketplaces. This innovation simplifies the wholesale vehicle transaction process for...
Manheim Expands Trade Desk to Improve Customer Experience
ATLANTA – Manheim – the world’s leading provider of vehicle remarketing services – recently expanded its Trade Desk to support more dealers across more sales channels. Ben Gutwein, director of Manheim Trade Desks, and his team will now offer both high-volume buyers...
Audi CPO Sales Up 26%
Audi Certified Pre-Owned sales of 2,871 vehicles mark the best September on record and the seventh-consecutive record month. Year-to-date sales of 28,389 put Audi on track to deliver one of the best CPO years on record. Highlights from Audi's CPO sales: Audi CPO sales...
BMW Pre-owned Sales Down 3%
In September, sales of BMW used vehicles (including certified pre-owned and pre-owned) totaled 13,129, a decrease of 3% from the 13,540 sold in September 2010. Year-to-date, BMW used vehicle sales are down 5.7% on volume of 119,424 compared to 126,601 in the first...
Can You Guarantee Great Photos?
I’ve been taking digital photos of cars and putting them on the web for more than 16 years. There are many ways to take a poor vehicle photo, but fewer ways to take a fantastic photo. Most of the photos I’ve taken have been acceptable, maybe even very good, but I’ve...
Auto Loan Originations Now Consistent With Pre-Recession Levels
ATLANTA -- Equifax' most recent national, monthly report on automotive consumer credit trends continues to indicate positive news for the industry, with January – June 2011 new auto loan originations up 15 percent over the same period in 2010. At 1.7 million, June...
Porsche Pre-owned Year-to-Date Sales Up 15%
For the month of September 2011, Porsche's Approved Certified Pre-Owned vehicle sales were 714, compared to 619 last year. The year-to-date total is 6,597, compared to 5,645 in the previous year – a 15% increase.
Chrysler Group Offers Introductory Incentives on Certain 2012 Models
Auburn Hills, Mich. - Chrysler Group LLC announced introductory incentives on certain 2012 Chrysler, Jeep®, and Ram Truck models. Chrysler Group is offering $500 in Customer Cash to qualified consumers who purchase a 2012 Chrysler Town & Country or a 2012 Dodge...
ADP Dealer Services’ Cobalt Releases ADP PowerSEO
Hoffman Estates, IL -- Cobalt / ADP Digital Marketing, a business unit of ADP Dealer Services today announced, as part of its suite of power products, the immediate availability of its PowerSEO service and tiered enhanced reporting for Cobalt customers. This major...
Direct Auto Loan Delinquencies Rise
WASHINGTON – Consumer delinquencies continued to move higher in this year’s second quarter, with nine of eleven loan categories showing slightly higher delinquencies amid weak job creation and a slowing economy, according to the American Bankers Association’s Consumer...
KAR Announces Closing of OPENLANE Acquisition
Carmel, IN - KAR Auction Services, Inc. announced that it has successfully completed the acquisition of OPENLANE, Inc. OPENLANE is a North American online automotive auction company that provides a market for online buyers and sellers of wholesale vehicles. OPENLANE...
Mercedes-Benz CPO Sales Down 8.6%
The Mercedes-Benz Certified Pre-Owned (MBCPO) program sold 5,707 vehicles in September 2011, a decrease of -8.6%. On a year-to-date basis, MBCPO sold 57,359 vehicles, a decrease of -5.9% over the comparable period last year.
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