There’s a lot of chatter regarding the new-vehicle sales heading into the winter, with Kelley Blue Book’s most recent estimate at 17.4 million for the year. But dealers aren’t just concerned with the flash of new sales — they know many of those vehicles will be coming back to their lots eventually, and they want to […] [Read More]

The certified pre-owned market has already eclipsed 2 million sales for 2015, which appears to be the fastest the industry has ever reached this mark in a year.   Autodata Corp. said Wednesday that the year-to-date CPO sales tally through 10 months is at 2.14 million, a full 10 percent ahead of last year’s pace. […] [Read More]

Honda announced Tuesday it will voluntarily recall roughly 35,000 model-year 2016 Pilot vehicles in the U.S. to update their combination meter software free of charge. According to the company, no market occurrences have been reported related to this non-compliance issue which was discovered via internal testing. Honda says that the software error in the combination […] [Read More]

Two-hundred million dollars. That’s the high end of the fine that vehicle-part manufacturer Takata will have to pay the Department of Transportation’s National Highway Traffic Safety Administration for its indiscretions in violating the Motor Vehicle Safety Act with its handling of defective airbag inflators. With an initial penalty of $70 million due in cash, the […] [Read More]

If you’re hungry for some certified pre-owned sales data (and really, who isn’t?) and can’t wait until industrywide numbers are reported, here’s an early rundown of folks sharing October results thus far. Kia posted had its best October ever for CPO, with 5,025 sales. This was up 17.57 percent year-over-year. In 10 months, Kia has […] [Read More]

Results from eBay Motors’ Future of Automotive Shopping Survey show that nearly 70 percent of consumers have searched for dealership information via their mobile device. Company officials also pointed out the survey findings indicated consumers — especially younger drivers ages 18 to 29 — expect technology be used to enhance the vehicle-buying experience and are more […] [Read More]

Ally Financial announced this week it has donated $10,000 to the Granite State Children’s Alliance in honor of this year’s 2015 TIME Dealer of the Year winner. The winner, Andy Crews, is the president and chief executive officer of AutoFair Honda in Manchester, N.H. The selected charity, Granite State Children’s Alliance, operates four child advocacy […] [Read More]

Sorry, fellow “Back to the Future” fans. No flying cars (yet). But take heart. Here’s a vehicle-related prediction for 2015 that has a more immediate impact: The year will finish with more than $1.2 trillion in combined revenues from used- and new-vehicle sales, according to TrueCar. In an entry to the company’s Insights blog (published, […] [Read More]

There already have been multiple presidential candidate debates featuring Jeb Bush, Hillary Clinton and Donald Trump. If Americans’ vehicle choices are an indication of political preferences, then the majority of swing states will vote for a Republican candidate, according to a PureCars analysis of sales by color and body. CPO Forum participant PureCars, a provider […] [Read More]

All of our discussions focus on immigration, but I would like to explore a more business-oriented conversation regarding our industry and the ongoing restrictions to exporting used vehicles into the Mexican market. With new vehicles being built in and shipped from Mexico in the thousands each day to the U.S., why haven’t the industry PACs […] [Read More]