Art Spinella: February Was a Good Month for Retail Used Vehicle Sales

February was a strong month for retail used vehicle sales – the volume was up 4.53% over February 2012, with 2,082, 681 units sold compared to 1,92,423 a year ago, according to Art Spinella, president of CNW Research.

Franchised dealers sold 747,534 used vehicles vs. 660,543 a year ago – an increase of 11.65%. Independent dealers were…

The number of used car shoppers was slightly lower this year compared to one year ago. This year, the number was at…

The number of sub-prime buyers soared 53.2% in February vs. a year ago. Those with FICO scores under 550 were up by…

Click here to read more about February’s retail used vehicle sales, including details on now private party sales performed…

 
 

CO2 Limits Propel Volkswagen to Aim for Lofty Fuel Efficiency Goals

Volkswagen is hoping to up the ante on corporate average fuel economy targets and has set the lofty goal of reaching nearly 60 mpg in Europe by 2020. It comes from standards set in the European Parliament, which has set emissions limits, rather than fuel economy targets – tightening standards every few years to reduce […]

 

FedEx Ups 20 by 20 Fuel Efficiency Goal to 30%

FedEx Corp. is now shooting for a 30% gain in fleet fuel efficiency by 2020, after blowing past the previous goal of a 20 percent increase last year. Since 2008, the company’s sustainability objective has been 20 by 20 – to achieve 20% improvements by 2020 over 2005 benchmarks for fuel efficiency and aircraft emissions.

 

Subaru Forester and Subaru Brand Score Big in IIHS Safety Awards

The completely redesigned 2014 Subaru Forester earned the Insurance Institute for Highway Safety's (IIHS) top award for good performance in its moderate overlap frontal, side, rollover and rear impact evaluations. This distinction has helped Subaru become the only automaker to earn a 2013 Top Safety Pick for every model it builds. "For four consecutive years, Subaru is the only automotive manufacturer with the distinction of earning IIHS Top Safety Pick awards for every model it builds," said Institute president Adrian Lund. "Subaru deserves praise for making safety a top priority."......