To coincide with more 2012 models hitting dealer lots, AutoTrader.com examined its new-vehicle site activity and found the compact car segment has gained considerable increases in consumer interest. At the other end of the price spectrum, the AutoTrader.com New Car Insights Report for September showed luxury vehicles are gaining ground with notable new-model rank improvements […] [Read More]

Cherokee Automotive Group announced that early registration for the 2011 CPO Forum, as well as the other two Used Car Week Conferences, the National Remarketing Conference and the Re3 Conference, will be ending Oct. 14. “If you are planning to attend any or all of the 2011 Used Car Week Conferences, now is the time […] [Read More]

Chrysler Group and the UAW announced this morning they have reached a tentative agreement on a new national labor contract. This agreement — which is subject to UAW member ratification — covers approximately 26,000 represented employees. Chrysler noted that at this time, the automaker cannot discuss the specifics of the agreement pending a ratification vote; this […] [Read More]

They may not get a whole lot of attention, but used-vehicle leases have gained quite a bit of steam in the past year and may eclipse the 1 million mark for 2011, according to CNW Research. In eight of the first nine months of 2011, the number of used leases has climbed on a year-over-year […] [Read More]

A recent study released by Dealer.com further enforces the fact that social media is increasingly tied to dealers’ daily sales as well as customer loyalty. The  Internet marketing solutions company teamed up with DriverSide and GFK Automotive to conduct a study titled, "The Rise of Loyalty, Advocacy and Influence: Social Media and the New Automotive […] [Read More]

Dollar Thrifty Automotive Group is no longer up for sale. Having received no offers that it believes avoid regulatory hurdles, the company announced Tuesday that it is moving on as a standalone company. This apparently ends a heated saga between three rental-car giants that lasted nearly a year-and-a-half. In recent developments in the pursuit of […] [Read More]

The Federal Trade Commission invited the National Vehicle Leasing Association’s legislative coordinator to participate in the next session of roundtable discussions officials have orchestrated since April. The event scheduled for Nov. 17 at the FTC’s headquarters in Washington, D.C., will include David Blassingame, who also is NVLA’s Texas chapter chair. Blassingame, senior vice president of […] [Read More]

For the second month in a row, the same three brands set all-time records for certified pre-owned sales, according to Autodata Corp., which said the overall CPO market in September beat year-ago figures and continued to outpace 2010 on a year-to-date basis, as well. Overall, certified sales increased 4.6 percent year-over-year and hit 141,516 units […] [Read More]

Based on September new-vehicle sales, TrueCar discovered the average fuel economy has grown on vehicles consumers are purchasing. According to the company, the TrueMPG increased to 22.0 miles per gallon from 21.4 mpg in the same month a year ago. The September reading also represents an uptick from August when the TrueMPG stood at 21.7 mpg. “Hyundai […] [Read More]

The three segments of LexisNexis Skip Tracing Index moved in different directions during the second quarter as activity by creditors and collection agencies dropped, while action from collection law firms climbed higher. The index reading for collection agencies slid to 81.0, continuing a downward march that’s now six quarters old. The creditors index segment dropped […] [Read More]