After revealing earlier this week that Kia Motor Co. and Scion have both partnered with Cars.com to promote their certified pre‐owned vehicles, the site revealed the results of a study that shows CPO vehicles continue to gain interest among car shoppers. The study results — taken from a survey of nearly 900 online car shoppers […] [Read More]

For the first time in the 64-year history of the award, a vehicle not powered by an internal combustion engine has been selected as the Motor Trend Car of the Year. This year’s winner is the 2013 Tesla Model S. Publication officials said the decision came after a diverse group of 25 contenders (45 with […] [Read More]

Never has there been a quarter as strong for the certified pre-owned market as the most recent one. CPO sales are on track to reach a best-ever year for the second straight time, a feat that could be realized well before December is done. It certainly appears that the certified market is at its best […] [Read More]

Used Car Week officially begins today, getting the series of conferences rolling with the CPO Forum. Kicking off the action at 2 p.m. today are back-to-back series of concurrent workshops, which will dive into topics like online reputation, CPO price premiums, used-vehicle stocking strategies, maximizing auto shopper click data, third-party CPO programs, online trade acquisition […] [Read More]

With American Suzuki bankruptcy proceedings in full swing and moves made on what to do about relationships with franchised dealers, Kelley Blue Book took a look at what the proceedings might mean for used Suzuki vehicle values. KBB said two brands that recently left the U.S. market provide a solid comparison on what to expect […] [Read More]

If you are planning to join us next week at the Used Car Week conferences in Arizona, now is your last chance to make sure you’re registered before the conference begins. [Read More]

Who’s buying cars and who’s getting rid of them? Online automotive lease marketplace Swapalease.com has noticed some trends when it comes to which states are gaining more cars and which are losing units. The site facilitates lease transfers online and the company says it has first-hand knowledge of how online automotive marketplaces have altered the […] [Read More]

Following a pilot program where dealerships achieved an average of nearly $85,000 in annual profits via their service departments, Reynolds and Reynolds has announced the broad launch of its Service Price Guides Master Certification Program. The program is aimed at dealerships that have the goal of increasing their usage of the company’s ERA SPG service […] [Read More]

Vincentric recently unveiled its first-ever Best Value in Canada awards, recognizing brands and individual models based on cost-of-ownership data. Topping the list was Toyota, which not only earned the brand award for passenger cars, but also earned awards in 10 individual vehicle categories. Mercedes-Benz was named best value luxury brand, and GMC earned honors as […] [Read More]

For Ed Rykulski, fostering the certified pre-owned culture begins with putting as many vehicles as possible through the certification process. “First of all, we feel the most important thing is to certify every vehicle that you possibly can,” said Rykulski, the used-car manager at Al Serra Auto Plaza in Grand Blanc, Mich. “Second of all, […] [Read More]