Latest blog posts
Carvana’s Used Car Sales By Vending Machine
The words “used car salesman” may summon an instinctive cringe in many consumers, and the sight of one might send most scrambling to get off the lot while they still have their wallets. As for such companies hoping to drive forward in a new age [...]Car Dealers Sold Add-Ons at Widely Varying Prices, Report Says
Many car dealers are selling add-on products such as service contracts and insurance at an enormous markup to consumers, a new study has found, and Hispanic shoppers paid far more than other groups.Read More
New car sales for December 2017: Winners and losers
ShareEmail GM, Toyota, FCA, Nissan and Honda posted declines in U.S. deliveries in December while Ford advanced and the sales pace remained strong despite falling short of 2016's record.Ford’s 1.3 percent increase marked its fourth [...]Big car dealers AHG and AP Eagers downgrade profits
In a troubling sign for the economy, two big ASX-listed car dealership firms have both downgraded profit forecasts.Read More
New car sales fall with 22% diesel decline
A total of 426,170 new cars were registered last month, according to the Society of Motor Manufacturers and Traders (SMMT).It is the first time the key September market has fallen in six years.The SMMT blamed a fall in consumer confidence caused [...]
Super Helpful California Car Dealers Association Expands Complaint Against Tesla Over Referral Program
The California New Car Dealers Association has expanded its complaint against Tesla in relation to the modern electric car pioneer's use of customer referral programs. The California New Car Dealers Association has sent yet another letter to the [...]
NADA President Peter Welch says uncertainty about tax bill clouds forecast for new car sales
Peter Welch: "Where does that $1.5 trillion eventually go, and will it be inflationary?" Photo credit: GREG HORVATH DETROIT -- The massive package of tax cuts signed into law by President Donald Trump last month is supposed to unleash $1.5 [...]
Car dealers have trick questions for buyers
CLOSE When a police car is retired and sold, it's supposed to be stripped of all decals, but not every car dealer follows the rules. Now a disturbing trend is popping up in Texas: civilians are purchasing cop cars and in some cases impersonating [...]Texas Republican Roger Williams helps out car dealers
Texas Republican Rep. Roger Williams, owner of multiple car dealerships outside Fort Worth, is lobbying to keep LIFO, an accounting method allows car dealers and other businesses to pay fewer taxes.Read More
New car sales for November 2017: Winners and Losers
ShareEmailU.S. auto sales, behind strong results at , and , rose 1.4 percent in November in what turned out to be a solid month that exceeded most forecasts and was driven by light-truck demand and fatter deals.It is only the second month this [...]
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