Trending Auto Retail News
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 Manheim>>
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, seems to be ineffective when...
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 more details below: Read...
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 efficiencies, and building our...
Dealer-Communications’ CEO Mike Roscoe Featured on CBT News
Today, Dealer-Communications CEO and President Michael Roscoe was featured on CBT news. He provides an in-depth look at the 14th Digital Dealer Conference and Exposition, and explains what it can offer to dealers, managers, and other dealership sales, eCommerce and...
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 determine what...
Fraud Alert: DOT Identity Theft Scheme
FMCSA Security Bulletin # 032813.01 This bulletin is for use by FMCSA Industry, Government, and Law Enforcement Partners. Another round of fraudulent USDOT Letters dated March 12, 2013 are being distributed, largely by fax, to motor carrier officials. The letters...
The Inventory Swing and the Fiscal Cliff Increase Odds of Mid‐Year Lull
Real GDP growth for the recently completed first quarter of 2013 appears likely to exceed earlier expectations when the first estimate is released on April 26. Despite the drag from fiscal tightening, real GDP growth is set to register in the range of 2.5 to 3.0 percent,...
California’s ZEV Program and the Industry Outcry
According to J.D. Supra, the Alliance of Automobile Manufacturers and the Association of Global Automakers recently filed against the California Air Resources Board, or CARB's, Zero-Emission Vehicle (ZEV) petition. These goals, proposed to be in place by 2025, are...
FMLA Leave Abuse and Procedures for Form Review
Dashboard-Insights suggests rules to follow when filing and reviewing leave forms and certifications. Pertinent to any manager for overhead saves and costs, following these procedures when someone takes unpaid leave will assist in employees taking time off seriously,...
U.S. Automakers and Suppliers Appeal to Congress for Corporate Tax Reform
The Detroit News reports on recent demands by the auto industry to lower corporate taxes. Among developed countries, the United States has the highest tax on corporations; if that can be lowered, the auto industry's improvement could lead to expansion and...
Japanese Manufacturers Hit Hard by Airbag Shrapnel Defect
4 Major Japanese Manufacturer's suffered a major hit to their reliability ratings in a worldwide recall of 3.4 million vehicles and counting. Over 1 million cars in the US and Europe have been recalled in models by Honda, Mazda, Toyota and Nissan. Over half the...
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