The federal government is demanding stronger vehicle fuel efficiency and automakers have certainly been doling out the investment to pay for stronger gas mileage and alternative-powertrain technology. Granted, there is still some debate as to whether these alternative-fuel vehicles will truly catch on, but analysis from Deloitte suggests that younger car buyers may be the […] [Read More]

The dearth in vehicles coming off lease has been a topic of great concern within the certified pre-owned programs at automakers in the U.S., as these units are typically a vital source of CPO-worthy inventory. But are dealers experiencing the same issues in Canada? Based on what most automakers are telling Auto Remarketing Canada, off-lease […] [Read More]

The U.S. vehicle population has reached a record-high age after showing rapid gains in recent years, according to Polk, which said this aging fleet and longer ownership periods present dealership service departments — along with other auto repair and aftermarket businesses — with “significant business growth opportunity.” More specifically, the average age of vehicles currently […] [Read More]

The National Automobile Dealers Association began a parade of public hearings Tuesday as federal officials continue dialogue about proposed fuel economy rules for model year 2017-2025 passenger cars and light-duty trucks. Offering his testimony,  New Mexico dealer and NADA committee leader Don Chalmers urged federal agencies to properly consider the rising consumer cost of new […] [Read More]

This week, Consumer Guide Automotive revealed the recipients of its 2012 Best Buy and Recommended Awards, showcasing a total of 106 vehicles. Two domestic nameplates led the way with the most models honored as Chevrolet and Ford each had nine award winners. Toyota was right behind with eight lauded units while Honda had seven vehicles […] [Read More]

CNW Research’s latest used-vehicle supply findings concur with several other assertions from wholesale analysts — it’s not going to be easy for managers to keep their used inventories stocked. Even with trade-ins climbing because of greater new-vehicle sales, CNW revealed on Tuesday that the industry remains at a 45-days’ supply of used vehicles. Highlighting just […] [Read More]

A pair of Chicago-area General Motors dealerships is hoping to lend a helping hand to a local blood center through a rather unique promotion this weekend. Bill Jacobs Cadillac and Bill Jacobs Joliet (a Chevrolet store) are providing free oil changes to shoppers who stop in Saturday and donate a pint of blood. In addition […] [Read More]

Used-vehicle prices have been rather static to kick off 2012, but don’t expect that to continue. According to Kelley Blue Book, the first quarter will likely see used values jump between 3 percent and 5 percent and then continue to accelerate into the second quarter. What’s more, KBB projects that used prices might even eclipse […] [Read More]

A lot of you are hoping that 2012 is going to be an awesome year online and I am pulling for you, but what kind of plan have you developed to make it happen? Read on and I’ll map out eight steps you can do to accelerate your results. One of my favorite quotes is, […] [Read More]

Covering models in 23 different vehicle segments, U.S. News Best Cars recently highlighted its 2012 Best Cars for the Money Awards. Ford took home the most awards with five of its models selected as winners: Taurus, Fusion, Fiesta, Edge and Fusion Hybrid. For 2012, officials determined three brands emerged as winners for the first time: […] [Read More]