It’s tax time, and for many, that also means it’s car shopping time. According to an online study conducted on behalf of CarMax, 17 percent of people expecting a tax refund are likely to put that money toward buying a car. And the likelihood of someone expecting a refund using that money for car buying […] [Read More]

While domestic models made up the majority of the Top 10 most-researched used vehicles at NADAguides.com last month, many of the brands boasting the greatest increases in consumer search activity were imports. According to the latest issue of Guidelines from NADA Used Car Guide, the Top 10 most-researched used models in February included: 1. Ford […] [Read More]

Whether it’s the film industry or the auto industry, the shift in lead roles is hard to miss. The 2014 Oscars that took place a couple of weeks ago was truly a revelation of the changing gender role trends in films.  More than one film nomination had strong female leads, enjoying almost all the air […] [Read More]

A Chrysler manufacturing plant slated for closure has reversed course, and is now set to build an all-new model and welcome hundreds of new workers. On Friday, Chrysler Group chairman and chief executive officer Sergio Marchionne announced the addition of 800 jobs at the Sterling Heights Assembly Plant in Michigan, to support production of the […] [Read More]

With trees starting to bud in some places and college basketball fans ready to fill out NCAA Tournament brackets, analysts from NADA Used Car Guide are seeing positive signs of spring for dealers, too. Executive automotive analyst Jonathan Banks articulated several specific points in his market overview video for March. “NADA expects the uptick in […] [Read More]

There was a 3-percent month-over-month increase in AuctionNet sales volume in February for cars up to 8 years in age, according to NADA Used Car Guide, which noticed particularly strong increases in transactions of cars from the 2014 and 2012 model-year classes last month. The latest Guidelines report indicates there were close to 1,600 AuctionNet […] [Read More]

There will likely be just a shade under 3 million lease terminations in 2014, according to Edmunds.com, whose data indicates this would be a four-year high. Or, put a different way, “Car shoppers coming off lease will account for some additional 300,000 in new car sales over 2013, or about 40 percent of the expected […] [Read More]

Preferred Warranties, a provider of extended service protection plans to independent used-vehicle dealerships, on Tuesday announced its choice for vice president of marketing and sales. Named to the position is an industry veteran bringing more than 25 years of sales experience, Brian Cosgrove. Cosgrove’s background includes sales, sales training, sales management and marketing roles. As […] [Read More]

Many reports have surfaced that contend Millennials are not interested in new cars and find these purchases less of a necessity than earlier generations. That said, a study from Strategic Vision was released this week that brings up another potential reason Millennials aren’t on your lot. And the answer may be simple: money. According to […] [Read More]

In an effort to sharpen the debt-collection process, ACA International’s research department dissected 14,328 complaints received by the Consumer Financial Protection Bureau during a nine-month span and found five similar conclusions to a previous endeavor conducted last November. The latest analysis stemmed from data collected between July of last year and February of this year […] [Read More]