Certified pre-owned vehicle sales fell 1.4 percent year-over-year in August, but are still on track for another record-breaking year. According to data from Autodata Corp., there were 230,013 CPO sales for the month, compared to 233,236 in August 2016. Certified sales were up 1.3 percent from July, when CPO sales fell 3.2 percent year-over-year.  Through […] [Read More]

The AutoNation board of directors has approved the repurchase of up to an additional $250 million of AutoNation's common stock, the company announced in late August. Succeeding the increased authorization, AutoNation has approximately $270 million total board authorization remaining for share repurchases as of Aug. 29. Additionally, AutoNation said it has an estimated 95 million shares outstanding as of Aug. 28. The automotive retailer […] [Read More]

eBay Motors recently announced that it now offers online repair manuals as an add-on purchase when shoppers buy a part or accessory on eBay.com. Consumers have access to online repair manuals for over 80 percent of vehicles on the road, according to eBay. “With online repair manuals, we are taking the shopping experience one step […] [Read More]

Data from Jumpstart Automotive Media's latest shopper insight reports reveals that longer ad campaigns see higher click-thru rates and, athough loyalty has continued to recently drop for entry luxury sedans, the segment remains the No. 1 most-shopped luxury segment on Jumpstart sites. Interestingly, while loyalty for entry luxury sedans is down 7-percent from the same […] [Read More]

Morrie’s Automotive Group announced Wednesday plans to expand in the Midwest with the addition of five new locations and six new brands. The new dealerships, which will be located in Minnesota and Wisconsin, will be opened by the end of 2018. New locations will include: Volkswagen La Crosse and Audi Lacrosse in La Crosse, Wis.(opening September) […] [Read More]

With August drawing to a close on Thursday, certified pre-owned sales results for the month should be rolling in sometime shortly after the Labor Day weekend, if not before. As a refresher, here’s how the CPO markets in both the U.S. and Canada have fared so far this year, starting with the U.S. American CPO […] [Read More]

With now Tropical Storm Harvey taking at aim at Louisiana and other locations inland after dumping 49 inches of rain near Houston, experts from Cox Automotive and Edmunds are looking to project how much this natural disaster is going to impact vehicle sales. Meanwhile, the National Independent Automobile Dealers Association is organizing a fundraising effort […] [Read More]

While foreign-made vehicles continue to have the highest driver satisfaction, customer satisfaction with American vehicles remains strained, according to the American Customer Satisfaction Index (ACSI). “Overall, the gap between international and domestic manufacturers has widened because of the downturn for U.S. cars,” ACSI said in a news release announcing the findings of its ACSI Automobile […] [Read More]

Dent Wizard International said it is now accepting applications for several open technician and other positions across both the U.S. and Canada. With newly added and expanded services this year, the company is looking to bring aboard new techs to meet its growing demand, the company said. Current high-priority positions include paint technicians, paintless dent removal […] [Read More]

There are likely to be fewer used-car sales this month than there were in July, but the seasonally adjusted annualized rate should stay in the neighborhood of 39 million units. Edmunds released a forecast Thursday projecting 3.3 million used-car sales for August, which would be down from 3.4 million in July. The resulting used-car SAAR […] [Read More]