Nissan and Hyundai are among automakers willing to putting fuel-cell vehicles into production. The benefits are there, such as producing a zero emission vehicle that can be refueled in minutes, versus hours for the electric vehicle. On the downside, it requires a lot of energy to free up the gas from the chemical form, distributing […]
Total Car Score launches a new one-stop comparison tool that ranks the new 2013 cars, trucks, vans and crossovers in real-time based on their scoring from authoritative experts. The rankings span every brand, make and model, creating a diverse list that will provide visitors with an up-to-the-minute update of which vehicles are reigning supreme across […]
September used vehicle sales were up 8.76% from a year ago, at 3,811,375 units, says Art Spinella, president of CNW Research. Franchised dealer used sales were 1,338,368 and up 12.46%, Independent 1,334,118 and up 13.56%, and Private Party (Casual) 838,889 and down 2.89%.
Tom Kontos, Executive Vice President, Customer Strategies & Analytics for ADESA Analytical Services says improving trade-in volume from several months of strong new vehicle sales has franchised dealers less hungry for cars at auction and more prone to wholesale some units. Both dynamics are putting downward pressure on wholesale prices.