While pinpointing the states with the most vehicles with open recalls for sale, Carfax declared in a study released Monday that choosing to ignore recalls “threatens the safety of consumers everywhere.” Carfax counted more than 2.7 million used vehicles for sale online in 2011 with safety recalls that were never fixed.  The company contends both […] [Read More]

A new California bill signed this past summer — Assembly Bill 1215 — which created changes for salvage vehicles that eventually make it onto a dealer’s retail lot may soon be altered, that is, if the proposed Senate Bill 990 goes through. This legislation would allow the use of reports from commercial data providers, such […] [Read More]

The National Automobile Dealers Association released a study late last week suggesting that higher vehicle prices resulting from proposed fuel economy rules will cut millions of potential new-car buyers out of the market in 2025.  Don Chalmers, president of Don Chalmers Ford in Rio Rancho, N.M., and chairman of NADA’s government affairs committee, declared, “To […] [Read More]

Prompted by a tough economy, consideration for certified pre-owned vehicles among new-car shoppers has widened, according to AutoTrader.com, which said this growth has helped drive record sales in the CPO market. Specifically, 60 percent of new-vehicle shoppers claim their willingness to consider CPO vehicles has gone up because of the economy, according to  end-of-2011 research […] [Read More]

Jumpstart Automotive Group unveiled a marketing insights book on Wednesday that it contends can help in automakers’ campaigns to better reach and influence car shoppers. The Jumpstart Automotive Insights Book 2010-2011 aims to accomplish this through the comprehensive two-year analysis in the publication that examines car-shopper trends and auto marketing data. [Read More]

Registration for the 2012 Auto Remarketing Canada conference presented by CarProof has reached an all-time high, conference organizers announced today. As of this morning, there are nearly 450 registered attendees for this year’s conference, which is being held Monday through Wednesday at The Fairmont Royal York in Toronto. But it’s not too late for those […] [Read More]

Several brands posted all-time records for certified pre-owned sales in Canada last month, as March proved to be rather fruitful for most automakers reporting CPO sales to Auto Remarketing Canada. Over at Honda Canada, for instance, both its Acura and Honda brands enjoyed their best months of all time for certified sales. The flagship brand […] [Read More]

With more lower-credit buyers in the market, greater access to 72-month financing terms and a decrease in the market share commanded by luxury buyers, the industry’s lease penetration rate slowed down slightly in March, according to J.D. Power and Associates senior director Thomas King. That said, the leasing rate (which came in at 19.7 percent) […] [Read More]

In discussing how car dealers are faring in each of its 12 districts, the Federal Reserve painted a picture of an auto market that appears, for the most part, to be relatively healthy. In the Fed’s latest Beige Book report, gains were noted on both the retail and manufacturing sides of the car business. Dealers […] [Read More]

Earlier this week, Mercedes-Benz USA and its dealer body pledged to give $1.3 million this year to fund coaches for a charitable organization that aids projects using sports for the betterment of youth. The company’s gift to the Laureus Sport for Good Foundation, USA, will help the organization prepare and set up 250 coaches to […] [Read More]