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How True Car Shares Will Make U-Turn and Rally in Coming Months

2015-06-04 22:38:29| Auto Dealers - Topix.net

There is plenty of momentum in the auto industry, and TrueCar, which operates a Web site that provides car pricing information and connects consumers with car dealers, is in the right position to benefit from it. Since January, when the company was trading for more than $20 a share, shares are down to trading in the mid-to-low teens.

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Chevy Spark EV electric car sales suddenly surged; here's why

2015-06-04 10:04:54| Auto Dealers - Topix.net

It was one of the major electric-car news stories last month: Sales of the Chevrolet Spark EV electric minicar soared to 920 in April. And it was widely considered to be a compliance car: one sold only in California and a few other locales to meet that state's Zero-Emission Vehicle sales rules.

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May new car sales by the numbers: Chrysler, Land Rover gain, Scion, Dodge fall

2015-06-04 05:51:11| Auto Dealers - Topix.net

U.S. light-vehicle sales -- fueled by robust demand for trucks, crossovers and SUVs -- rose 1.6 percent last month from a strong May 2014, bucking projections for a modest decline in volume. Fiat Chrysler , Honda , General Motors, Kia and Subaru generated U.S. sales increases in May while Ford , Nissan , Toyota and Hyundai fell as the industry enjoyed the strongest pace of sales in nearly a decade.

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Editors Notebook: Experian Sees Loans Getting Longer, NADA Used Car Guide Follows Industry Analytics Trend

2015-06-04 02:40:58| AutomotiveDigest.com - Automotive Industry News

By Jon LeSage, Editor, Used Car Market Reports Heres a few significant remarketing news developments during the past week: Experian Automotive reported that longer-terms loans have become the norm in the industry for both new and used vehicles reaching 67 and 62 months, respectively. Longer loans with terms lasting 73 to 84 months accounted […] The Article Editors Notebook: Experian Sees Loans Getting Longer, NADA Used Car Guide Follows Industry Analytics Trend appeared first on Automotive Digest.

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New car sales to reach 100,000 as confidence grows

2015-06-04 01:33:57| Auto Dealers - Topix.net

New car registrations are running 26pc higher this year compared to the same period last year as more people splash out. The most popular new car purchase by far is the Volkswagen Golf, with almost 4,000 sold in the first five months of 2015.

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