If estimates from CNW Research come to fruition, you can expect annual used-car sales higher than 41 million units for “the foreseeable future.” That includes this year's projected sum of 41.25 million used-car sales, according to the Retail Automotive Summary released by the firm this week. The full-year 2013 total, if reached, would be about […] [Read More]

Auto Remarketing Conferences announced today that SmartAuction has once again signed on as the presenting sponsor for the National Remarketing Conference. In addition, SmartAuction and Ally have signed on for a number of other sponsorships throughout the Used Car Week Conferences, including refreshment breaks at the Re3 Conference and the Women in Remarketing awards during […] [Read More]

Though retail interest in trucks continues to rise with growth in construction and housing development, auction prices for these vehicles took a downward turn last week after showing price strength through much of the spring. Black Book’s Ricky Beggs explained that all 14 truck segments experienced price declines last week, with the smallest decline being […] [Read More]

For dealers who have parents in their showroom looking for a used vehicle for that new young driver in the household that’s safe, reliable and cheap to run, CarInsurance.com created a list of 14 models that fit the mold. To land on the list titled, “Best Cars for Teens,” the site examined four-year-old models retailing […] [Read More]

In the last couple of articles, we talked about getting Gen X and Y consumers to pull the trigger — visiting your lot and buying a vehicle. In this chapter, we’ll delve a little deeper into the science of winning these consumers online. As we’ve already covered, the Internet has fundamentally altered the way younger […] [Read More]

AutoTraderClassics.com, an online marketplace for classic car enthusiasts, is offering consumers a new sweepstakes which gives participants the opportunity to win a "Dream Car Tour" and more. The site will be giving the winner a check for $5,000 and the Dream Car Tour, offered by Gotham Dream Cars. The company explained the tour includes a […] [Read More]

Donating $20 for each new-car sale and $1 from every oil change can add up to help families in need, says one Oklahoma dealership. Hudiburg Chevrolet and Ally Financial have announced a community challenge for the month of July, to raise money for Operation Homefront Oklahoma, an organization that provides emergency financial assistance to military […] [Read More]

After holding an open house for dealers and a soft opening sale last month, the latest addition to the McConkey Auction Group is set to host its grand opening sale this week. The event at DAA Seattle, located in Auburn, Wash., is set for Tuesday. The auction hosted an open house for dealers back on […] [Read More]

Dealers may see more customers on the lots looking for pre-owned cars as the month draws to a close. That is, once consumers realize that late-model used-car prices showed the biggest month-over-month drop of the year to date in June, according to Cars.com. In fact, a post from the site's Kicking Tires blog indicated that […] [Read More]

Two auto industry leaders who have close relationships with Rick Hackett, the assistant director of the Consumer Financial Protection Bureau whose jurisdiction included vehicle financing, shared nothing but glowing assessments of the regulator who announced he was leaving the agency by the end of the month. FinCo Management president Toby Reiley used words like "humble" […] [Read More]