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Used Car Sales Going Strong and Profitable for Auto Retailers

2014-12-24 17:35:38| AutomotiveDigest.com - Automotive Industry News

Used car sales have been hot lately for auto retailers, surpassing new car sales in third quarter earnings reports. Finding easier credit and increasing prices seen on new car window stickers have been drivers of used vehicle sales. Growing popularity in certified pre-owned vehicles is also helping. Here are the latest results from several large, […] The Article Used Car Sales Going Strong and Profitable for Auto Retailers appeared first on Automotive Digest.

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Used Car Sales Going Strong For Auto Retailers

2014-12-20 00:37:34| Auto Dealers - Topix.net

That new-car smell may be enticing, but for many consumers, buying a used vehicle is where it's at. Thanks to easier credit and the deterrent of high prices for new cars, many auto retailers are seeing strong demand for used vehicles.

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GM, Audi and Jaguar halt car sales in Russia on ruble's collapse

2014-12-18 14:38:31| Auto Dealers - Topix.net

MOSCOW -- General Motors Co., Audi and Jaguar Land Rover temporarily stopped selling cars in Russia this week, deciding that taking a timeout from the market was the best way to deal with the ruble's collapse. Automakers are battling a more than 40 percent drop in the value of the ruble since June, Russia's biggest financial crisis since 1998.

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New car sales grow across state, nation: Are we better off?

2014-12-16 16:27:39| Auto Dealers - Topix.net

Using new vehicle registrations and other relative data as a measuring stick, the economy appears to be on the mend in Pennsylvania and nationally. There were 682,697 new vehicle registrations in Pennsylvania in 2007, just as the Great Recession started to take shape, according to data PennLive obtained from the Pennsylvania Automotive Association.

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New car sales slow in Europe in November

2014-12-16 15:22:46| Auto Dealers - Topix.net

Car sales in Europe braked in November due to a slowdown in demand in Germany and France, the European car makers' association said today. Sales growth slowed to 1.4%, making it the worst month in a year of rising sales, the ACEA said.

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