Dealers’ success this year seems to be spurring economic recovery along, at least in the Empire State. According to the Greater New York Automobile Dealers Association, franchised dealers in the New York metro area sold 403,000 new and used cars. And as a result, their businesses injected $24.9 billion into the economy, while also providing […] [Read More]

To go along with his monthly look at the specialty market, Black Book managing editor Ricky Beggs opened 2012 by offering his forecast on how wholesale activity might unfold, as well as by taking a look back at how last year went. The opening line of the current “Beggs on the Used Car Market,” video […] [Read More]

BMW poured on the incentives in December, but it appears the German automaker was not able to keep its grip on the luxury market full-year sales crown, according to Edmunds.com. Mercedes-Benz likely passed BMW for full-year sales, the firm projects. Explaining the shift, Edmunds noted that at the end of November, BMW’s year-to-date sales were […] [Read More]

AutoNation and Sirius XM Radio announced Tuesday a partnership in which the automotive retailer’s customers will now be eligible to receive a 3-month SiriusXM subscription when they purchase a pre-owned vehicle with a factory-installed satellite radio, regardless of make or model. Now, AutoNation customers purchasing pre-owned vehicles will have access to SiriusXM’s commercial-free music. SiriusXM […] [Read More]

Dynamique Auto Dealer Solutions recently revealed further integration with two key industry partners to enhance DADS DMS-Sales Edition, a cloud-based dealer management system designed to manage the entire sales process at a dealership. After DADS completed integration with Carfax for vehicle history reports, the company indicated dealers can now access critical data from dealer business […] [Read More]

RALEIGH, N.C. — Along with forging two other partnerships with technology providers for compliance and more, Consolidated Asset Recovery Systems officially began its Right to Cure Auction through relationships with Copart and Asset Nation. As CARS discussed previously in leading up to this new offering, the company indicated the Right to Cure Auction is designed […] [Read More]

NASHVILLE, Tenn. — Officials from AutoCreditApproved.com, a website that connects consumers with poor credit to willing lenders, recently added a certified dealership partner in Nashville, Tenn. The site now is connected with Wholesale Inc. AutoCreditApproved.com chief executive officer Sean Bradley declared, "We are proud to announce Wholesale Inc. as the newest certified dealership in the […] [Read More]

ALEXANDRIA, Va. — As 2011 comes to an end, a look back on the year reveals that consumers and businesses may be recovering from the credit crisis of 2008, and are likely to continue their progress this coming year. Total bankruptcy filings in the U.S. decreased year-over-year by 12 percent in 2011, according to date […] [Read More]

CARY, N.C. — As Cherokee Automotive Group launches our first week of e-newsletters in 2012, our readers will see some changes. With our new schedule, we are making some shifts and increasing the frequency of SubPrime News Update to three times a week — Monday, Wednesday and Friday. Repo and Recovery, soon to be renamed Re3, has […] [Read More]

It appears that consumers are gravitating more and more to Korean brands when looking at new vehicles, according to NADAguides.com, which said in its latest Consumer Market Interest Report that domestics are holding their own, as well. Sharing the rankings of the most-researched vehicles on the site during the quarter, officials noted that the model […] [Read More]