With sales expected to reach above 30 million units this year, Pike Research contends electric bicycles now are the world’s best-selling electric vehicles. Analysts insisted rapidly accelerating urbanization, the increasing need for low-cost transportation in developing markets and expanding opportunities for new market entrants are all helping to drive e-bicycle sales.  Pike’s newest reports also […] [Read More]

With TrueCar.com predicting that the industry will end March with the highest rate of new-car sales in five years, its analysts also noted many foreign OEMs are looking to notch their highest unit sales ever in the U.S. as this month comes to an end. And though inventory remains tight, used sales are enjoying a […] [Read More]

As used-car prices and wholesale values continue to rise, dealers may find it even harder to sell a consumer on a used unit that shoppers might be able to find new for a similar price. And with gas prices on the rise and technology constantly moving forward, is it better to buy a new gas […] [Read More]

In a report released late last week that spotted strengthening retail new-vehicle sales trends, Dataium’s January Automotive Shopper Intensity Index pointed to a slightly positive increase in February. After adjusting for the number of selling days, Dataium saw a 5-percent year-over-year increase and a 3-percent rise for total retail sales. Analysts, who believe their index […] [Read More]

Yahoo Autos recently asked its readers to answer this question: What is the most desired used vehicle that’s nearly impossible to find? What the editors learned is their readers have quite varying tastes in style. “Some cars are like certain pop songs: they become hugely popular before fading away,” Yahoo Autos editors surmised. “While there’s […] [Read More]

Chrysler is extending a helping hand to a Detroit revitalization project this Saturday in the form of volunteers and supply donations. The automaker said 150 of its employees will join University of Michigan and Detroit residents at the 13th annual Detroit Partnership Day, where more than 1,700 total volunteers will work together in helping to […] [Read More]

The used-vehicle market is expected to climb more than 5 percent this month and eclipse 2.6 million sales, according to CNW Market Research, which has also found that used transaction prices for franchised dealers are the strongest they’ve been in a year. Overall, CNW is projecting 2.64 million used sales this month, a 5.6-percent rise […] [Read More]

This month is on track to mark the best March seen for new-car sales in five years.  And as gas prices continue to rise and consumers continue to cash in tax-returns, the demand for fuel-efficient vehicles might be bringing shoppers out to the lots this spring. Predicting the demand for new cars to continue to […] [Read More]

Cars.com is reportedly shopping around to possibly bring in a new creative agency and has circulated a request-for-proposal document among different companies, according to a report from AdvertisingAge. Its current partner for the last 11 years — DDB, Chicago — is in the mix, however, as it was asked to submit a proposal, the report […] [Read More]

NADA University is rolling out a new annual study that replaces the biennial NADA Compensation Study and offers an enhanced look into dealership workforce trends. The first NADA Dealership Workforce Study is slated to be released this summer and include data from 2011. Explaining how it will be different from the NADA Compensation Study, officials […] [Read More]