The certified pre-owned market opened 2014 with the highest first-quarter share of franchised dealers’ used-car sales in five years. That’s according to the latest Used Market Quarterly Report from Edmunds.com, which said CPO vehicles accounted for 19.7 percent of all used sales by franchised dealers in Q1.  The last time the certified market made up […] [Read More]

Two names familiar to used-car managers are staying aligned, as IHS Automotive announced Tuesday the company has renewed its long-standing relationship with NADA Used Car Guide. IHS Automotive, which acquired R. L. Polk & Co. last year, leverages Polk’s comprehensive set of vehicle details including make, model and series data for vehicles registered throughout the […] [Read More]

Between Memorial Day and Labor Day, franchised dealers in North Carolina will donate a portion of their sales from new cars or service to Drive For Troops, a program sponsored by the North Carolina Automobile Dealers Charitable Foundation. Officials said all proceeds from the program will be donated to charities that support North Carolina’s military, […] [Read More]

Consumers are turning toward the Big 3 this spring. Domestic automakers dominated the list of top 10 most-researched used vehicles at NADAguides.com last month. According to the latest issue of Guidelines from NADA Used Car Guide, the top 10 most-researched used models in April are as follows: Ford F-150 Chevrolet Silverado 1500 Dodge Ram 1500 […] [Read More]

As nearby General Motors continues to be impacted by recalls, its two chief rivals in the Motor City revealed substantial recalls of their own Friday. Starting with Chrysler Group, its two actions impact around 784,000 units, the overwhelming majority of which are in a recall connected to power window-vent switch modules. In that particular action, […] [Read More]

The Environmental Protection Agency recently announced that diesel vehicles are making a bit of a comeback in the U.S., as fuel efficiency becomes more of a concern. Auto Remarketing reported on NADA Used Car Guide’s analysis of the diesel market here last week. NADA determined through comparing two different 3-year-old vehicles and their respective diesel […] [Read More]

Online auto retailer Carvana announced Friday that what it’s calling the first Carvana certified pre-owned Tesla is now available on its website. The vehicle is a 2013 Tesla Model S and can be found at www.carvana.com. (Carvana also clarified that the CPO offering is via Carvana.com, versus coming directly from Tesla) Carvana says the Model […] [Read More]

The overwhelming majority of import brands listed in Autodata Corp.’s set of monthly certified pre-owned sales results showed year-over-year increases in April, many by double-digit percentages.  As a whole, Asian brands increased their sales by 5.8 percent last month, moving 91,027 CPO units, according to Autodata. Year-to-date, they have sold 352,808 certified units for a […] [Read More]

Dealers interested in learning how their stores compare with others across the region and nation now have a bit more time to submit their data for a comprehensive, no-cost industry study. The deadline to participate in the 2014 NADA-ATD Dealership Workforce Study has been extended to June 30, to provide members of the National Automobile […] [Read More]

The Big 3 combined to sell more than 68,000 certified pre-owned vehicles last month, as their year-to-date figures race ahead of 2013 numbers by nearly 17 percent. That’s according to figures released last week by Autodata Corp., which said the programs within General Motors, Ford and Chrysler moved a grand total of 68,253 CPO units […] [Read More]