SANTA MONICA, Calif. — While Cash for Clunkers might skew the year-over-year comparison, analysts from TrueCar.com believe just one of the top seven automakers will post a greater sales figure in August than July. That lone manufacturer is Honda, which the site projected this week to have a 1.4-percent sales-performance rise in August over the previous […] [Read More]

CAMBRIDGE, Mass. — When it comes to online vehicle searches during the shopping process, the brand whose shoppers are most loyal is Chevrolet, according to a recent study from CarGurus. The online auto community took more than 1.7 million searches done via Deal Finder — its vehicle-shopping service — and examined them to find out if shoppers looked […] [Read More]

SALT LAKE CITY — DrivingSales.com recently revealed the keynote speaker for the second annual DrivingSales Executive Summit. Giving the address will be Jeremiah Owyang, a popular media analyst, blogger and Web strategist. Owyang, who is a partner at digital strategy advisory firm Altimeter Group, writes a Web Strategy blog that delves into ways corporations can utilize Web technologies […] [Read More]

MILWAUKEE — A 25-year-old Milwaukee man who thankfully survived a 20-foot drop into a downtown sinkhole while driving his black 2007 Cadillac Escalade got a helping hand from a local Cadillac dealer and the brand's certified pre-owned program after his SUV was totaled in the accident. An onlooker helped Lance Treankler out of the sinkhole, and […] [Read More]

ORANGE COUNTY, Calif. — Five courses aimed to provide salespeople with greater tools on closing the deal in today's market have been added to Joe Verde's virtual sales training site. The shorter installments now included in the Joe Verde Training Network are under the title, "The Mini-Series Collection." Verde said the focus is on the selling skills dealership staff […] [Read More]

BANDON, Ore. — Pushed by the availability of short-term deals that CNW Research president Art Spinella called "incredible," the lease penetration rate for the first half of August was greater than 25 percent, a double-digit increase from a year ago. Specifically, lease deals commanded a 25.86 percent share of the market from Aug. 1-15, compared with 21.3 […] [Read More]

IRVINE, Calif. — Overall, used-vehicle values were essentially static in July, but the wholesale values of late-model luxury units have softened from 2010 model-year units moving into the wholesale market, according to Kelley Blue Book. The company's latest Blue Book Market Report points out used values climbed 0.2 percent in July. But when looking at segments whose values fell, […] [Read More]

REDWOOD CITY, Calif. — OPENLANE recently decided to make full versions of Experian Automotive's AutoCheck Vehicle History Reports available for free when connected with certain sales. These reports are for dealers who search dealer-consigned and regional-seller inventory on OPENLANE.com. The free AutoCheck reports now are directly embedded into each vehicle's detail page resulting in what OPENLANE […] [Read More]

MIAMI — Specifically designed to cater to the Hispanic market in the U.S., Yahoo en Español recently launched a revamped version of Yahoo Autos in Spanish. The new website now contains more than 2.5 million new, used, certified pre-owned and private-seller vehicle listings from dealers and private-party sellers nationwide. Site officials also highlighted the other elements […] [Read More]

CARMEL, Ind. — Due to lower expected volume, Goldman Sachs Group has apparently trimmed its price target for KAR Auctions Services shares down to $15. Goldman Sachs told investors it is still rating KAR as neutral. In Monday's midday trading, shares for the company reached $11.30, a gain of 0.18 percent. KAR announced earlier this month that […] [Read More]