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Spanish new-car sales rise 24% in June
2015-07-01 12:55:26| Auto Dealers - Topix.net
Spanish new-car sales rose 24 percent to 111,333 in June, manufacturers' association Anfac said today, marking 22 straight months of growth and following a 14 percent rise in May. A Spanish government-backed subsidy scheme to boost new vehicle acquisitions has helped spur purchases over the last two years. It was renewed for the seventh time in May with an injection of 225 million euros .
Rain flattens new-car sales in May
2015-06-18 18:33:16| Auto Dealers - Topix.net
Sales of new cars and trucks last month remained flat as heavy rains in the Dallas-Fort Worth area kept customers at home. Dealers in two counties - Dallas and Tarrant - reported modest increases, while new-vehicle sales in Collin and Denton counties were flat or fell, according to The Freeman Metroplex Recap .
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Average New-Car Loan Length Hits Record of 67 Months
2015-06-09 12:17:14| Auto Dealers - Topix.net
As new-car sales hit their stride this year, Experian Automotive revealed that the length and monthly cost of the average new-car loan have both increased. In the first quarter of 2015, Experian said the average new-car loan lasted 67 months -- over five years -- and that the average new-car payment rose $488 per month.
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Slide Show: 5 surprising facts about new-car sales
2015-05-09 14:02:02| Auto Dealers - Topix.net
April 2015 new car sales notched another peak, with the industry now reporting 14 straight months of gains. Right now, the seasonally adjusted sales rate for 2015 is on pace for 16.7 million units, meaning American consumers are in the mood to buy new cars and trucks again.
CarMax faces fight from San Jose new-car auto dealers
2015-03-25 03:50:10| Auto Dealers - Topix.net
Consumers have flocked to CarMax thanks to its no-haggle sales process and easy trade-in policy, making it the nation's largest used car retailer. Exhibit A: San Jose's longtime auto row, where Carmax hopes to open a dealership and service center at 750 Capitol Expressway.
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