It has been more than six months since the year-over-year change in used-vehicle supply has been flat, according to CNW Research, but it looks like May is headed that way. In some “Early Returns” data included in CNW’s latest Retail Automotive Summary,  the days’ supply of used units in May is off only 0.9 percent […] [Read More]

As dealers, new and used, struggled to stay afloat after the recession hit in 2008, the past five years have been tumultuous. But, as the economy picks up, what’s in the cards for used-car dealers? Industry research firm IBISWorld looks to answer that question with its new "Used Car Dealers in the U.S." industry report. […] [Read More]

Auto trend and forecasting site TrueCar.com has just released its Performance Scorecards for automotive manufacturers and brands for the month of April, grading each manufacturer and brand. Coming in atop the OEM rankings was BMW, which showed  the largest gain of the period as it rose from a B- in March to an A+ rating […] [Read More]

As part of a recent study, Digital Air Strike determined the most popular review websites used by consumers to select dealerships, and topping its list was Edmunds.com, followed closely by Cars.com. DAS found that 22 percent of respondents turned to Edmunds in selecting a dealership, while 20 percent used Cars.com. Finishing in a tie for […] [Read More]

West Coast auto dealers have a new tool in maintaining F&I compliance, with the launch of a legal library designed to help manage risk and provide common defenses in litigation. The LAW California F&I Library is a comprehensive catalog of standardized, legally reviewed finance and insurance documents for California dealers, launched late last week by […] [Read More]

It likely doesn’t come as a surprise that $4 per gallon gas would have strong downward impact on the used values of large SUVs. Interestingly enough, though, a white paper from the National Automobile Dealers Association suggests that short supply of these units greatly mitigates the used value swoons caused by surging costs at the […] [Read More]

The National Independent Automobile Dealers Association tapped a new national member benefit partner, as it was announced that the latest to join the ranks is CompuPay, a  provider of payroll, tax filing and employer-related services. Under the partnership with CompuPay, the more than 20,000 members of NIADA Member Services gain access to discounted online payroll […] [Read More]

Sourcing enough used-vehicle supply to keep up with the burgeoning demand. It has arguably been the biggest challenge faced by dealers in the used-vehicle market for quite some time, but the light at the end of the tunnel might not be too far away, according to a recent white paper from the National Automobile Dealers […] [Read More]

The 2012 WheelsTV Pre-Owned Vehicle of the Year Award was presented recently, and for the second year in a row, top honors went to a domestic model. The 2007–10 Chevrolet Silverado drove to the top among six finalist categories to earn the this year’s recognition. The award was handed out last week at the New […] [Read More]

Though high gas prices may seem to be a deterrent for consumers in the market for an SUV, AutoTrader.com contends these larger units might be some of the best deals out there. As fuel rates remain high and demand for these gas guzzelers continues to lessen, it is beginning to be hard to ignore their […] [Read More]