On top of the certified pre-owned market setting an all-time record for sales last month, it was found that CPO units almost 40 percent faster their non-certified counterparts in March, according to CNW Research. What’s more, the premium for CPO vehicles has gone up 64.3 percent since the beginning of 2011, as of the end […] [Read More]

CreditForecast.com recently discovered through data from Equifax and Moody’s Analytics that most consumers looking to buy a new vehicle are still financing their purchases with loans rather than leases. However, analysts found the volume of leases is expanding rapidly and expected to grow approximately 50 percent by the end of 2017. Equifax and Moody’s Analytics […] [Read More]

Although their seasonally adjusted annualized rate has slowed down in April, retail new-vehicle sales are still likely to enter the spring selling season with some steam and continue to beat expectations, according to the latest forecast from J.D. Power and Associates’ Power Information Network and LMC Automotive. [Read More]

Consumer reaction to gas prices is sending mixed signals to Kelley Blue Book. According to the latest Kelley Blue Book Market Intelligence survey, more than half — in fact, 66 percent — of new-vehicle shoppers have either changed their minds about which vehicle they are considering, or are thinking about vehicles they normally would not […] [Read More]

Who buys the “greenest” cars? Does the West Coast boast more eco-friendly drivers? Coinciding with yesterday’s celebration of Earth Day 2012, Cars.com aimed to answer these questions and more in releasing a list of U.S. cities with the most and least eco-friendly car shoppers. And the site found that based on their search for vehicles […] [Read More]

In honor of the first “Fiat 500 Abarth Driving Experience" — a chance for a new owner to attend a day of driving training with their new vehicle — Fiat has selected five Facebook fans to participate at a special inauguration drive event taking place in Las Vegas on Thursday titled “Drive for the Fans.” [Read More]

LIBERTYVILLE, Ill. — VW Credit revealed late last week that is has broke ground for a 30,000-square-foot expansion of one of its Illinois facilities. Through 2018, the multimillion-dollar expansion will bring more than 150 new jobs to the Libertyville area, officials noted. And the VCI Libertyville facility already employs nearly 500 employees. "VW Credit, Inc. […] [Read More]

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Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} BANDON, Ore. — After tallying up how much buy-here, pay-here dealers compiled in gross […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} IRVINE, Calif. — The turnaround at Consumer Portfolio Services continued into the first quarter […] [Read More]