How to Save a Deal a Day….Every Day!

Imagine, just for a moment, you and each of your representatives were able to save one deal a day. How much easier would each month, quarter and year be?  How much less scrambling at the end of the month might there be? Scrambling means shortcutting
Mar 7, 2012

Nissan Recalls 23,000 Vehicles

Nissan North America, Inc. has issued a recall of 23,531 2011-2012 model year Nissan Quest vehicles to fix a problem with the electrical system, the National Highway Traffic Safety Administration’s website said. The website said the software malfun
Mar 5, 2012

Dispelling the Myth of the ‘Perfect Used Car’

For the past few months, I’ve been monitoring dealer used vehicle inventories through vAuto’s new Provision inventory management engine, which assigns letter grades to prospective vehicles a dealer might acquire. An eye-opening finding: It’s ve
Mar 1, 2012

Luxury Pre-Owned Sales Up in February

For the month of February, certified pre-owned sales for BMW, Audi, Mercedes-Benz and Porsche were all up. BMW: In February, sales of BMW used vehicles (including certified pre-owned and pre-owned) increased 4.6 % to 13,375 vehicles from the 12,791 v
Mar 1, 2012

Consumer Reports: Buying A Used Car May Be a Better Deal Than Ever

YONKERS, N.Y. — With every passing year, buying a used car becomes less of a gamble according to a new analysis by Consumer Reports.  Even the least reliable car-makers are gaining ground on the perennial reliability leaders, Toyota and Honda;
Mar 1, 2012

Manheim Completes Purchase of Dealers Services Corporation

ATLANTA – Manheim has completed, on schedule, its planned purchase of Dealer Services Corporation (DSC), which reinforces its commitment to provide inventory financing to independent dealers. DSC is a used vehicle floor plan company for independen
Mar 1, 2012

Kelley Blue Book Director Shares 90-Day Forecast for Used Vehicles

Juan Flores, director of vehicle valuation for Kelley Blue Book, is sharing his expertise with automotive dealers and managers on the health of the new and used car market. The tumultuous past few years have had a significant impact on new- and used-
Mar 1, 2012

Edmunds.com: Low Incentives Spending Suggests Big First Quarter for Automakers

SANTA MONICA, Calif.  — February’s incentives spending on new car sales increased month-over-month but still came in at the lowest of any February since 2003, according to an analysis of Edmunds.com’s True Cost of Incentives® (TCISM).
Mar 1, 2012

Sonic Automotive Reports Used Vehicle Volume Up 11% for the Quarter

CHARLOTTE, N.C. — Sonic Automotive, Inc., one of the nation’s largest automotive retailers, this week reported 2011 fourth quarter adjusted earnings from continuing operations of $25.4 millionfor a 46% increase over the prior year adjus
Mar 1, 2012