NADAguides unveiled a list of vehicles Thursday that are generating the most market buzz, but also are showing the most limited supply. Interestingly enough, three of the six models listed on the Most In Demand Vehicles Report were from Hyundai or Kia. Ford, Toyota and Honda claimed the other three spots. The first step NADAguides analysts took in creating […] [Read More]

In what was described as a “mixed, but fairly robust” market, dealers by and large have experienced either stable or improving vehicle sales. As for supply issues, they have been spotted quite often throughout the country and have had some adverse effects, according to the Federal Reserve’s latest Beige Book report. The used-vehicle market is also […] [Read More]

Highlighted by a special offer to move 2011 Ram 1500 pickup trucks, Chrysler Group rolled out a series of special financing incentives to run this month. The automaker announced qualified consumers who purchase a Ram 1500 Regular, Quad or Crew Cab pickup truck may be eligible for zero percent financing for up to 60 months and […] [Read More]

In what goes against recent months, May showed weaker interest for used hybrids in light of more moderate fuel costs, while some used luxury segments have started to attract more attention from shoppers, according to Kelley Blue Book. The company suggests that dealers would be wise to push their luxury units in coming months in […] [Read More]

Discussing the drop in May new-vehicle results on Tuesday, Ellen Hughes-Cromwick, chief economist at Ford, revealed that consumer demand remains as strong as it’s been in recent years; however, dealers are struggling with new-model inventory shortages, as well as high gas prices impacting consumer preferences. “Most of the weakness in sales in May was associated […] [Read More]

To help dealers meet the needs of customers in an increasingly transparent used-vehicle market, the American International Automobile Dealers Association is teaming up with NADA Used Car Guide to offer a free Webinar later this month that focuses on the appraisal process, which can be a key element in transparency and customer satisfaction. After all, […] [Read More]

Derived from analysis of first-quarter online shopper activity at automaker websites, iPerceptions learned visitors who said they plan to purchase a new vehicle during the next six months rose from 49.5 percent in the fourth quarter of last year to 51.7 percent in first quarter of this year. iPerceptions’ automotive industry report released this week […] [Read More]

For many decades the desire to consistently own a new vehicle has been an American dream. In fact, many years ago, vehicles were built with a limited ownership time almost in mind. Some models would begin to break down after a few years. But in today’s age, used vehicles are taking on even more prominence as quality climbs and consumers look […] [Read More]

Less than a month after Hertz Global Holdings rolled out a bid to buy up all of Dollar Thrifty Automotive Group’s outstanding stock, DTAG is advising its shareholders to hold off on selling for the time being. Dollar Thrifty announced Monday that its board of directors has unanimously recommended DTAG shareholders not to tender their […] [Read More]

Recovery Industry Services Co. recently formed a partnership with MBSi Capital Corp., makers of the Re-Pros Repossession Software Suite and the iRepo Solution, to provide a key code solution. Officials explained Re-Pros or iRepo users will see a button within their assignments that allows them to request the key code from within the software. “Upon […] [Read More]