Consumers who shop for certified pre-owned vehicles may have unique needs in a vehicle that are different from those of shoppers looking for a new or non-certified used vehicle. So as part of our annual “Best CPO Dealers in the United States” special edition this winter, we reached out to top dealerships — Lincoln stores, […] [Read More]

A CPO vehicle often serves as an entry-point into a particular brand — for those shoppers looking to secure a particular nameplate, without doling out what it takes to buy new. And this rings particularly true for luxury automakers. Perhaps this trend, as well as OEM investment, played a role in the results of Autotrader’s […] [Read More]

The Council of Repossession Professionals (CORP) used last week’s North American Repossessors Summit to establish the six conditions that constitute a voluntary repossession in an effort to streamline guidelines for the industry. CORP, which is made up of two representatives from nine trade groups, indicated these six voluntary repossession elements include: 1. The repossession agency is […] [Read More]

Count Lexus among the handful of brands posting best-ever years for certified pre-owned sales in 2014. And count on this: Lexus has its sights set on another record year in 2015. With 6,049 CPO sales last month — its best-ever February — Lexus has now recorded seven straight monthly certified sales records, said Paul Rohovsky, […] [Read More]

Here’s a statistic from Mercedes-Benz Financial Services to consider when thinking about how times have changed in the wholesale market. The fourth quarter of 2014 marked the first time that Mercedes-Benz Financial sales through its MBonDemand online wholesale portal have exceeded its sales in the auction lanes, said Sherry Keltner, the manager of online sales […] [Read More]

Asbury Automotive Group has revealed its most recent plan to cull the shortage of automotive technicians at the company. The auto group says it plans to hire between 200 and 400 technicians over the next year or two.            The dealership group says it has opportunities to expand its quick service […] [Read More]

 I thought the illuminating sidewalk and staircase in Michael Jackson’s “Billie Jean” music video were simply the coolest. That is, until I saw the Lite-Brite set of stairs at Google's headquarters, each step glowing a different color and scrolling what I presume was a top search term for that day. (Uma Thurman, Brian Williams and […] [Read More]

The National Automobile Dealers Association reiterated its stance against a rule made by the National Labor Relations Board late last year concerning union organization. In December, the NLRB issued the “ambush” election rule, which shortens the time between when union organizers ask for a union election and when that election must take place. NADA explained […] [Read More]

The Greater Rockford Auto Auction announced recently that it has hired a new national sales manager. Formerly the general manager of Manheim New Mexico, John Smith takes on the new role along with the responsibilities of overseeing sales and marketing efforts at the auction. Smith has 22 years of auction experience, now coming back to […] [Read More]

Almost 16 years ago, Autotrader launched its online automotive marketplace. Today, the company is recognizing its evolution into a digital solutions company offering a suite of tools that make car buying and selling easier for consumers, dealers and manufacturers with the launch of a new logo and brand identity. "This new brand identity reinforces the […] [Read More]