Imports Notch Double-Digit CPO Gains
Certified pre-owned sales of Asian-brand vehicles jumped close to 11 percent in January, and European-brand CPO sales moved even higher, improving by nearly 25 percent year-over-year.
That’s according to Autodata Corp., which released its monthly breakdown of industry-wide and brand-by-brand CPO sales.
Starting with Asian OEMs, their 87,623 CPO sales last month were up 10.9 percent from January 2014. Market share was 45.0 percent, down from 47.5 percent a year ago.
Dealers with European brands posted 34,397 certified sales in January, good for a 24.6-percent spike. That put their market share at 17.7 percent, beating the year-ago tally of 16.6 percent.
While no brands reported having best-ever CPO sales, a few confirmed that last month was their strongest January, those being:
Hyundai (7,368 sales)
Lexus (6,653)
Mercedes-Benz/smart (9,456)
Volkswagen (7,675)