Beggs on the Used Car Market – July 29, 2013

Beggs on Used Car Market – July 29 2013

Two Market Indicators to Watch as Leasing Comes Back Strong

Off-lease units are always something to watch out for in resale values. Automakers are cautiously optimistic about the state of leasing today, but they always have to stay on top of it.

There are two leasing trends going on in the market that are important to follow.

Residual values are strong right now, and it’s drawn in additional automakers to play the game.

It won’t last forever – see what ALG is forecasting for market performance.

Swapalease is seeing some very sweet leasing deals for consumers this year.

There are some extremes out in the leasing market, too. Check out the latest in leasing and what you might expect to see this year and beyond.

US Light Duty New Vehicle Sales – June 2013

• New vehicle sales were strong in June, coming in at 1.4M units
• 9.1% increase over last year’s 1.28M units
• In June, SAAR climbed to 15.9M units, a 10.8% lift over last year’s 14.3M units, as well as a 4% bump from last month’s 15.24M units

Chevrolet Dealer Markets Volts and CNG-Powered GM Pickups

Jim Ellis Chevrolet in Atlanta is bringing more alternative fuel vehicles to that market including natural gas vehicles from General Motors along with being a leader in Chevrolet Volt sales in Georgia. It’s the only dealership in the state offering electric vehicle support with a six-bay solar-powered charging station. The dealership is marketing CNG-powered Chevrolet […]

EV Expert Heading Product Strategy for Volkswagen Group of America

Volkswagen Group of America has selected Joerg Sommer, an electric vehicle expert, to be its new head of product strategy for the VW brand. This took paces as Volkswagen prepares to launch a plug-in vehicle in the US market for the first time. He is replacing Rainer Michel, who is returning to Germany for an […]