As demand for used models also strengthens, Polk recently discovered new commercial vehicle registrations (Gross Vehicle Weight 3-8) in the U.S. are set to reach 440,000 units for the calendar year, an increase of 17.6 percent above last year and a 33-percent spike from 2009. Polk acknowledged new registrations remain 45.4 percent lower than the […] [Read More]

AutoNation revealed Thursday that amid an October that saw the SAAR climb above the 13-million mark, the company’s new-car sales fared well this past month, too, with domestics even jumping by double digits. The automotive retailer announced that its retail new vehicle unit sales stood at 18,530, marking a 6 percent increase year-over-year. Delving into […] [Read More]

In what the dealer association calls an indication of auto recovery and a harbinger for economic progress, registration numbers for the National Automobile Dealers Association Convention and Expo are expected to hit a four-year high and eclipse 20,000 attendees. Registration rates are up 20 percent year-over-year and exhibit sales have climbed 30 percent, NADA indicated, […] [Read More]

DealerRater has rolled out a new service powered by CarWoo that can help connect in-market consumers with dealers. With DealerRater’s Private Buy, consumer members can tap into the CarWoo MarketPlace, an anonymous online vehicle marketplace. Explaining how MarketPlace works, officials noted that a host of dealers provide offers, and the customer selects the best offer. […] [Read More]

At the 2011 SEMA Show, eBay Motors revealed the results from a poll that asked enthusiasts to weigh in on “all things auto.” With catagories like  best camshaft, to favorite muscle car — and even best movie car of all time — the 2011 People’s Picks survey garnered what the company is calling a “massive […] [Read More]

As Honda and Toyota run into production delays due to the Thailand floods, it appears Nissan could be well-positioned to gain ground. In fact, Nissan’s chief operating officer just raised the automaker’s full-year forecast on Wednesday. Though Toshiyuki Shiga took a cautionary tone, Nissan revised up its full-year forecast to net income $3.63 billion, based […] [Read More]

Hertz Global Holdings saw all of its bottom-line financial metrics soar during the third quarter, including worldwide revenues, adjusted pre-tax income and corporate EBIDTA. Hertz revealed this week that third-quarter worldwide revenues came in at $2.4 billion, an increase of 11.3 percent year-over-year (a 7.6-percent increase excluding the effects of foreign currency). The company said […] [Read More]

Though Honda and Toyota are still facing supply issues, as well as the new challenges from the recent flooding in Thailand, several import brands posted double-digit sales gains in October as international automakers, overall, climbed almost 7 percent, according to the American International Automobile Dealers Association. Specifically, import brands moved 554,369 new vehicles last month […] [Read More]

After being awarded the Chevrolet franchise in 1915, brothers Harold Benson and Ray Benson and their cousin Roy Benson drove nearly 300 miles from New York City to a tiny New Hampshire town in their first Chevrolet. Nearly 100 years later, and as one of the oldest Chevy dealerships in the United States, Benson Auto […] [Read More]

With used-vehicle sales potentially showing the highest October in four years, CarGurus released some news that might bring even more consumers to dealer’s lots. Its Used Car Price Index for this past month showed a slight dip in the average price of a used car, sitting at $19,278 — down 0.88 percent from September and […] [Read More]