Average MPG for Major Automakers – 2012 vs. 2011

• TrueCar provided what it determined as actual economy numbers from new car sales
• Indicating “TrueMPG” increased to 23.1 mpg in 2012 compared to 22.3 mpg in 2011
• In December 2012, light vehicle auto sales increased to 23.0 mpg from 22.6 mpg in December 2011, and decreased from November 2012 at 23.2 mpg

Working Moms Are Now Key Stakeholders for Car Buying Decisions

Working moms are becoming the key target market dealers marketing to segments in their regions – 59% of working mothers are managing household expenses alone, according to a poll released by Working Mother magazine and Chase Card Services. This compares with 30% of working mothers who manage household expenses in a joint effort with their […]

Young Named President at Direct Auction Services

David Young has been named president of Direct Auction Services, LLC, according to CEO David Nutter. Young makes the move to Direct after a 25-year career in corporate auction management. Most recently he served as senior market vice president for Manheim, overseeing auction operations in South Texas and the Gulf Coast.

Detroit Auto Show a Great Learning Experience for Black Book Team

Ricky Beggs, managing editor and analyst at Black Book, had a great time attending the North American International Auto Show – lots of new products and makeovers to check out. For Beggs and the Black Book team, it left a few questions about what all of it means for used car markets. Here are a […]

RVI Saw Strong Close to 2012 and Expects Used Car Price Decline in 2013

Rene Abdalah Vice President, Passenger Vehicle RVI Group Wholesale used vehicle values were strong by the end of 2012, due mainly to Hurricane Sandy and increased demand. Seasonally adjusted on a two-to-five year old vehicle basis, prices rose by 1.8% month-over-month in December, according to the RVI Market Update. Click here to see RVI Used […]