Auction forecast: Stable prices, more volume in 2015

Auction forecast: Stable prices, more volume in 2015, from Dealernews.com. Powersports auction prices are expected to remain stable, while the volume of bikes and other items coming to auction should increase. Jim Woodruff of National Powersports Auc
Dec 22, 2014

What 2015 May Have in Store for Independents

What 2015 May Have in Store for Independents, from Auto Remarketing. New-car sales have picked up nicely, lease returns are aplenty and franchised dealers are trading for more cars — all of which means more used supply entering the market and event
Dec 22, 2014

Local Family Owned Used Car Dealer Creates New Partnership to Improve Financing Solutions for Bad Credit Customers

Local Family Owned Used Car Dealer Creates New Partnership to Improve Financing Solutions for Bad Credit Customers, from PR Web. Family owned used car and truck dealership, Carz Planet is now working with Jeremy Rich of JeremySaysYes in Milwaulkie to
Dec 19, 2014

Mazda November 2014 Sales Report

Mazda November 2014 Sales Report, from The Auto Channel. IRVINE, CA — Dec. 2, 2014: Mazda North American Operations (MNAO) today reported November U.S. sales of 21,242 vehicles, representing an increase of 2.4 percent versus last year. Year-to-
Dec 19, 2014

Ally, Wells Fargo prefer profit over volume

Ally, Wells Fargo prefer profit over volume, from Automotive News. Ally Financial and Wells Fargo Dealer Services, two of the nation’s largest auto lenders, say growing competition has them ready to sacrifice market share to protect profits. Both c
Dec 19, 2014

CarMax revenue jumps as easier credit boosts used car sales

CarMax revenue jumps as easier credit boosts used car sales, from Fox Business. CarMax Inc, the largest U.S. used-car seller, reported a 16 percent rise in quarterly revenue as easier availability of credit helped it sell more pre-owned vehicles at h
Dec 19, 2014

$33.5 Billion in Used Sales Last Month

$33.5 Billion in Used Sales Last Month, from Auto Remarketing. Led by a nice boost in the number of late-model vehicle sales, the total value of all used cars sold last month climbed 15 percent year-over-year and reached $33.53 billion, according to
Dec 12, 2014

Lower Used Car Prices Cut Both Ways

Lower Used Car Prices Cut Both Ways, from Forbes. Used-car prices are in a general decline, despite some ups and downs, and despite the fact that used-car prices have remained higher, longer, than many analysts expected. In fact, the wholesale price
Dec 12, 2014

Used-Car Prices Dropping, Not Crashing

Used-Car Prices Dropping, Not Crashing, from Wards Auto. Rising new-car sales and incentives end a streak for pre-owned vehicle values. A drop in used-car prices doesn’t mean they’ll crash and burn, say automotive remarketing experts at a confere
Dec 12, 2014