Industry Leaders Debate Value of Public Auctions, Dealer-to-Dealer Sales
Industry experts discussed auctions that are open to the public and online dealer-to-dealer wholesale sales at the 2011 Auto Remarketing Canada.
2013 Chevrolet Malibu Debuts in NY and Shanghai
The 2013 Chevrolet Malibu debuted last week at auto shows in Shanghai and New York. It will have Camaro-style looks, a bigger interior and higher fuel economy when it hits the road in the first quarter of 2012. The new Malibu replaces an acclaimed midsize sedan that reinvigorated Chevrolet car sales and helped the brand compete with best sellers like the Honda Accord and Toyota Camry. Chevy now wants to expand the sedan's appeal to more than 100 countries around the world.
Low New-Car Inventory Ignites Used-Car Sales
Used-car prices are up, spurred by low inventories of highly desired new-car models and rising gas prices. The average trade-in value of some popular compacts is up 10% since January.
Ford Announces Changes to 2013 Taurus
Ford will be introducing the new Taurus for 2013 with a number of changes which do not include the interior, which many say needs improving. Updates include engine improvements, electric steering, smart battery management and aggressive deceleration shutoff. In addition, torque vectoring control and curve control have been added.
