Earlier this week, Cars.com revealed the winning model of its Best Value: Price to Pump Award as the champion of its Under 20/Over 35 Shootout. Coming out on top was the 2011 Hyundai Elantra because of its exterior and interior design as well as its smooth ride. Site editors evaluated five compact cars that seat […] [Read More]

More than 700 dealership managers and auto finance professionals registered for the latest free Auto Remarketing Training Series Webinar, which gave participants the opportunity to gain fresh strategies for a host of store operations. The Webinar panel included top trainers from AutoTrader.com, Carfax, OPENLANE and DealerTrack, who all delved into best practices that can help […] [Read More]

Kelley Blue Book offered a word to the wise on Tuesday for dealers looking around for fuel-friendly rides: “shop with caution.” And wait. The wave of rising used values for compact, subcompact and hybrid cars has finally crested and some softening is beginning to show up, according to Kbb.com, which suggested the declines will likely […] [Read More]

New-vehicle sales should improve during the second half of 2011, according to Paul Taylor, chief economist of the National Automobile Dealers Association. Why? Taylor believes the gains should begin in July as inventory levels increase and gasoline prices drop. “Gasoline prices are currently falling, and that will allow dealers to sell a full mix of […] [Read More]

A headline contained within the latest edition of Guidelines produced by NADA Used Car Guide usually refers to what happens when a television show loses appeal. But this time, the reference to “jumping the shark” was connected with the escalating prices for compact and midsize cars. “As any dealer can attest, prices for used, late-model […] [Read More]

While AutoTrader.com’s rankings of most popular used vehicles didn’t change too much from April, SUVs and trucks are generating the same level of consumer interest and similar trends are being spotted for certified pre-owned vehicles, as well. In fact, the site said seven trucks and SUVs on its list of Top 20 Most-Searched Used Vehicles […] [Read More]

NADAguides unveiled a list of vehicles Thursday that are generating the most market buzz, but also are showing the most limited supply. Interestingly enough, three of the six models listed on the Most In Demand Vehicles Report were from Hyundai or Kia. Ford, Toyota and Honda claimed the other three spots. The first step NADAguides analysts took in creating […] [Read More]

In what was described as a “mixed, but fairly robust” market, dealers by and large have experienced either stable or improving vehicle sales. As for supply issues, they have been spotted quite often throughout the country and have had some adverse effects, according to the Federal Reserve’s latest Beige Book report. The used-vehicle market is also […] [Read More]

In what goes against recent months, May showed weaker interest for used hybrids in light of more moderate fuel costs, while some used luxury segments have started to attract more attention from shoppers, according to Kelley Blue Book. The company suggests that dealers would be wise to push their luxury units in coming months in […] [Read More]

Discussing the drop in May new-vehicle results on Tuesday, Ellen Hughes-Cromwick, chief economist at Ford, revealed that consumer demand remains as strong as it’s been in recent years; however, dealers are struggling with new-model inventory shortages, as well as high gas prices impacting consumer preferences. “Most of the weakness in sales in May was associated […] [Read More]