Although not expected to be as dramatic (percentage-wise) as the increase in off-lease volumes this year,  the supply of late-model off-rental vehicles will likely show “nice steady growth” in 2015, including what Tom Webb describes as a “diverse mix of vehicles.”  “And — probably very exciting for franchised dealers — in 2015, for the first […] [Read More]

The U.S. is coming off of its fourth straight record year of CPO sales, and the certified market continues to grow in Canada, as well. Automakers such as Audi Canada and Volkswagen Canada tracked record CPO months right and left this past year, while the U.S. market achieved 2.34 million certified sales in 2014, which […] [Read More]

DealerRater has announced the winners of its 2015 Dealer of the Year Award program based on consumer reviews of their dealerships experiences shared on DealerRater.com. “Consumers have identified the dealerships that deliver an exceptional experience in the U.S. and Canada and we’re proud to recognize this top group of dealers on behalf of consumers,” said […] [Read More]

NADA announced today at its annual conference in San Francisco that it is expecting the lower cost of gasoline to continue to increase sales for light trucks in 2015. Original sales projections by the NADA predicted 16.4 million new-vehicle sales for 2014, which was on target – the association is expecting an estimated 16.94 million […] [Read More]

Women-Drivers.com released the results of its 2015 U.S. Women’s Car Dealerships Report last week, and most of the metrics studied showed an increase in satisfaction among females while shopping for cars and purchasing these vehicles. According to Women-Driver.com data, women were responsible for buying over 13 million cars at new-car dealerships last year, which boils […] [Read More]

SiriusXM announced Friday at the NADA Convention and Expo in San Francisco that it has hit a milestone for its used-vehicle program. There are now over 15,000 dealers enrolled in the SiriusXM Pre-Owned Program. Through the program, customers purchasing any used vehicles with factory-installed satellite radio from a dealer enrolled in the SiriusXM Pre-Owned Program […] [Read More]

Kelley Blue Book revealed this morning the 2015 winners of the annual Best Resale Value Awards, peppered this time around with trucks, SUVs and crossover models. “The entire list of Top 10 Best Resale Value vehicles is dominated this year by trucks, SUVs and crossovers, which is a testament to the strength these categories will […] [Read More]

Volkswagen of America has chosen CarStory to offer reports to its national dealer body that are designed to educate VW customers and make purchase decision-making smoother. These CarStory Market Reports will introduce VW’s WorldAuto CPO vehicles to potential customers earlier on in the car-shopping process. And by sharing analytics that showcase “each vehicle’s unique story,” […] [Read More]

TrueCar announced this week that it has revamped its dealer certification program in an effort to enhance both dealership sales and the customer experience. TrueCar Certification Program 2.0 launched as part of the TrueCar Dealer Training System, the company explained, and includes six new interactive videos that take about 30 minutes to complete. TrueCar Certified […] [Read More]

As 2015 chairman of the National Automobile Dealers Association, Bill Fox will represent and lead the nation’s nearly 16,000 new-car dealers. But it’s not just new cars that these dealers are selling. The used-car department has been and will remain an important focal point for franchised dealers, whose pre-owned operations are benefitting from advancements in […] [Read More]