According to the Federal Reserve’s latest Beige Book, vehicle sales increased in a number of districts. Officials revealed Wednesday that gains in auto sales were reported in Philadelphia, Cleveland, Richmond, Atlanta, St. Louis and Minneapolis. They indicated Chicago also reported gains in sales during October, but noted the pace of sales slowed in November and that […] [Read More]

Neither income growth nor rising revenue triggered investment analysts’ interest when Copart revealed its performance for the first quarter of its 2012 fiscal year. Seeing Copart’s cash on hand reading jump by more than $130 million is what turned Wall Street observers’ heads. So is Copart planning to buy more than just its own stock […] [Read More]

December hasn’t traditionally been known as the year’s best month for new-vehicle sales, but based on the past two years — and the expected results for this December — there may be a “new normal” when it comes to the final month of the year. In fact, it’s highly possible this month could be the […] [Read More]

Inventory management and marketing solutions company Liquid Motors has chosen a former DealerTrack executive as its new vice president of business development. Tapped for the position is John Fitzgerald, who brings more than 15 years of sales experience in the automotive industry to the company. [Read More]

After more than 50 vehicles debuted at the recent Los Angeles Auto show, Kelly Blue Book’s staff highlighted a few units that caught their eye. Taking in all the lastest and greatest in automotive technology and design, KBB’s Micah Muzio offered his “wrap-up of what was hot” from the new lineups.  According to the editor, the following […] [Read More]

For dealers and other car enthusiasts who may be interested in this niche of the automotive world, Hemmings Motor News is now offering an encyclopedia providing a comprehensive look into collector cars and their history. Going back to the “earliest years” of the automobile, the Hemmings Motor News Illustrated Collector-Car Encyclopedia provides profiles on car […] [Read More]

If the Used/CPO Car Insights Report from AutoTrader.com is any indication, it appears the big winner in the certified pre-owned market last month was the luxury segment. Pushed by pent-up demand and the strong cross-shopping trend of consumers browsing both new and used models, luxury CPO vehicles — along with new luxury rides — showed […] [Read More]

High Gear Media recently revealed its picks for “Best Cars to Buy 2012.” The three cars that made is onto the company’s list were the Ford Focus, the Porsche 911 and the Toyota Prius. The choices were made by editors from High Gear Media’s sites — The Car Connection, Motor Authority and Green Car Reports. [Read More]

 Is the glass half full or half empty? Perhaps it only requires just a bit more of what’s already in it. I will admit, in the past I was a bit of an optimist when it comes to inventory challenges. In other words, I would buy from my gut based on what inventory was in […] [Read More]

With franchised dealers eager to be the landing spot for off-lease units, Edmunds.com assembled a trio of reasons why it might be prudent to end a lease early. Senior consumer advice editor Phil Reed explained how recent changes have created equity in vehicle leases in his study called, “3 Ways to Turn Your Lease into […] [Read More]