General Motors was an early adopter in the certified pre-owned business when it began picking up steam in the 1990s, and these days, GM typically leads the pack in terms of overall CPO sales. But for one store, in particular, the core values of certification have been a part of the dealership’s mantra for more […] [Read More]

The National Highway Traffic Administration revealed four separate recalls for a total of more than 520,000 vehicles, campaigns that include models from Volkswagen, Subaru and Saab. The single largest recall covers specific Saab and Subaru models originally sold or currently registered in Massachusetts, Maryland, Michigan, New Hampshire, New York, Pennsylvania, Vermont, Wisconsin, Connecticut, Delaware, Iowa, […] [Read More]

Inventory management solutions company Dealer Specialties today revealed it will be interating Kelley Blue Book Values into its appraisal tool — MarketControl Analytics — aiming to help dealers maintain a “competitive edge.” Glen Garvin, group general manager of Dealer Specialities, noted, “Partnering with Kelley Blue Book is a key integration for MarketControl Analytics. [Read More]

On Wednesday, EasyCare tapped the former publisher of Motor Trend as a new vice president and executive director for Motor Trend Certified Vehicles. Picked for the position is Ira Gabriel, who will focus on the growth and continued success of Motor Trend Certified Vehicles, a program that includes units that have been thoroughly inspected and upgraded […] [Read More]

The Used Car Week Conferences — the National Remarketing Conference, the CPO Forum and the all-new Re3 Conference — today announced the launch of UsedCarWeek.biz, a one-stop portal for information about all three conferences. The Used Car Week is a weeklong series of three dynamic conferences for the used-vehicle industry, all in one location during […] [Read More]

It appears prices were surging in the certified pre-owned market during August, as AutoTrader.com reported Tuesday that 18 of the site’s 20 most popular CPO models saw their asking prices go up from a year ago. What’s more, 14 of those 18 increases were more than $1,000, the site pointed out. [Read More]

Though gas prices continue to fall and are estimated to drop even more in the next few months through year-end, Edmunds.com data released Tuesday reflects that consumers are still more likely to purchase smaller gas sippers than take on an SUV or truck. According to the company’s analysis, shoppers are still leaning towards compact or […] [Read More]

Never bashful when making public appearances, Sergio Marchionne recently told a Canadian gathering that Chrysler has been restructured so efficiently that the automaker won’t lose money even if the new-vehicle seasonally adjusted annual sales rate drops below 10 million. While also sharing his 2011 sales projection, the chairman and chief executive officer of Chrysler Group […] [Read More]

As automakers continue to search for ways to reach customers in the digital age and entice these shoppers to action, it appears they are gaining much more traction through customers clicking on advertising apps when reading magazines on their mobile devices than through traditional magazines ads, says media research firm Affinity. The company’s American Magazine […] [Read More]

Though he contends the primary cause of wholesale values dipping sequentially in August was the economic worries of consumers, RVI Group vice president Rene Abdalah said that after the recent run-up in used prices, “an adjustment was due.” The latest RVI Market Update indicates that wholesale values during August dipped 0.7 percent from July but […] [Read More]