As automakers report August sales this week, here’s a rundown of how a few more brands are faring in the certified pre-owned market: Hyundai sold 8,166 CPO units August, versus 9,254 CPO sales in August 2014. Through eight months, it has sold 63,707 certified vehicles, compared to 63,596 CPO sales in the prior-year period. Porsche […] [Read More]

Two of the three operating segments within AutoNation's retail new-vehicle unit sales metric registered increases in August. The dealer group reported the sales breakdown went as follows: — 10,239 units for domestic, up 2 percent versus August of last year — 14,641 for import, down 14 percent versus August of last year — 6,152 for […] [Read More]

NADA University Online is hosting a free webinar on Wednesday titled, “The Roadmap to Becoming a Millionaire Car Salesman.” The 30-minute session presented by Sean Bradley from Dealer Synergy will highlight the eight ways to sell a vehicle and maximize everyday sales opportunities. “Bradley will cover how to make as much money as possible and […] [Read More]

Volvo continued its 2015 surge in the certified pre-owned market with August sales that were nearly 38 percent stronger than last year’s. And it will likely beat the 2014 grand total before the third quarter is even over. The automaker reported that its dealers moved 1,871 CPO vehicles last month, up from 1,359 CPO sales […] [Read More]

Asbury Automotive Group has sold a Porsche dealership in Missouri to Houston-based indiGO Auto Group, a 5-year-old company that has now bought two Porsche stores in the St. Louis area in less than four months. The latest buy for indiGO is Plaza Porsche, located in Creve Coeur, Mo. Prior to buying this Asbury store, indiGO […] [Read More]

After TrueCar announced its prediction for a 3.8-percent year-over-year increase in used sales last week, further forecasts for August results came pouring in. Like this prediction from Edmunds.com: the company expects an estimated 3.22 million used cars to be sold in August, which represents a SAAR of 36.8 million. According to Edmunds data, this is […] [Read More]

The National Automobile Dealers Association through its online outlet NADA University updated its guide to the Family and Medical Leave Act in light of the June 26 Supreme Court decision legalizing same-sex marriage in all 50 states. NADA officials explained spouses now qualify for leave under the Family and Medical Leave Act (FMLA) if their […] [Read More]

As September nears, both TrueCar and Kelley Blue Book are predicting new-car sales declines this month, while the number of used cars retailed is expected to grow. According to TrueCar, total used sales, including franchised and independent dealerships and private-party transactions, may exceed 3,353,742, which would mark a 3.8-percent year-over-year increase. The story is a […] [Read More]

Sen. Richard Blumenthal, a Democrat from Connecticut, continued his efforts against the retail sale of vehicles with open recalls by taking aim at CarMax on Monday, urging the Federal Trade Commission to “take immediate action to halt CarMax’s dangerously deceptive marketing of used cars with lethal safety defects.” Blumenthal says he took these steps  in light of a […] [Read More]

New-car dealers in the Chicago metro area, colloquially known as Chicagoland, recently donated more than $121,000 to the USO of Illinois and local troops. Seventy Chicagoland dealers collaborated to put on the USO Barbecue for the Troops fundraiser, the mid-July culmination of a month-long fundraising campaign to help support the military. The Chicago Automobile Trade […] [Read More]