While each market performs somewhat differently, some certified pre-owned vehicle categories tend to be hot sellers, whereas others are perhaps not so popular.  So what has Art Spinella, of CNW Research, discovered? He found that near-luxury, luxury and hybrid CPO models have been healthy as of late, while smaller, budget cars have been the slowest to move. That […] [Read More]

General Motors chief executive officer Dan Akerson would not comment on the automaker's initial public offering during his first press conference with the media in his new role on Thursday, but various news reports claim that the automaker will go on a two-week "road show" the day after November's mid-term elections to stir up some interest in the […] [Read More]

The surge in new-vehicle sales dealers enjoyed during Labor Day weekend apparently isn't sustaining as September rolls along. Edmunds.com analysts believe the current pace of sales could leave the SAAR for this month at 11.3 million. They said that rate is assuming slightly lower fleet sale volume than August. "New-car sales for the three-day weekend […] [Read More]

When it comes to possible discounts on MSRP, TrueCar.com said Thursday that the leaders of the pack are still 2010 model-year Big 3 makes and models.  For the 2010 model-year, the heaviest price-reduction are being offered on Chevrolet models (16 percent discount), followed by Ford (14 percent) and Chrysler (12 percent) brands, TrueCar.com said in […] [Read More]

Northwood University's DeVos Graduate School of Management will soon roll out what it says is the first MBA program geared toward the automotive field and has already begun taking applications.  The DeVos MBA for Automotive Professionals program starts in January and will offer emerging leaders in the dealership, aftermarket manufacturing and distribution fields the chance […] [Read More]

Toyota detailed its latest scholarship contributions to the Marine Corps Scholarship Foundation, a program to provide assistance to the sons and daughters of Marine Corps parents who have been killed or wounded in combat or have demonstrated financial need. On Wednesday, the automaker presented 16 scholarships that represent the 12 Toyota regional sales offices and […] [Read More]

A proposal introduced by a California state legislator is meant to require all franchise dealers and some independent stores to utilize an electronic vehicle registration system. It's intended to shave the time needed to get new license plates on vehicles. The method of recouping dealer cost for implementation is drawing fire from consumer groups because […] [Read More]

If he had to choose between taking a vacation or working at the dealership, Brian Benstock said he would pick the latter. The minority owner of Paragon Honda in Queens and the vice president and general manager of Paragon Acura has mirrored his work ethic after that of the late Paul Singer, the founder of what is now Paragon […] [Read More]

As Chrysler, Jeep and Dodge dealers convened in Orlando, Fla., this week for their first meeting in several years to hear all about Chrysler's plans for a slew of coming new and redesigned models, the automaker's corporate headquarters was also busy working to ramp up the public's excitement. So, after months of waiting what does Chrysler […] [Read More]

In the midst of restricted supply and demand growth, average asking prices for used and certified pre-owned models continued to climb in August on a year-over-year basis, according to AutoTrader.com. The  segment enjoying the heaviest gains on both the used and CPO sides is the SUV category. Specifically, of the 20 most-searched used models on AutoTrader.com […] [Read More]