Tag Archives: sales

Even as a pandemic severely impacted scores of its stores, Volkswagen set an all-time certified pre-owned sales record in May. The brand’s long-struggling U.S. dealers racked up 11,087 CPO sales for the month, thanks in large part to a reconfigured warranty offering and a program from Volkswagen Credit for 0 …

The Great Recession led people in the U.S. to hold on to their cars and trucks longer. If the early economic impacts of the coronavirus are any indication, with tens of millions of Americans out of work, that phenomenon could soon take hold again — if it hasn’t already. Nestor …

Memorial Day weekend historically comes with some of the best new car deals, and 2020 is shaping up to be an even better deal for consumers. As dealers try to dump inventory piled up from the coronavirus pandemic and automakers usher in 2021 models to kick off the summer sales …

The best 2020 Memorial Day new car sales include low-interest loans, money back Memorial Day weekend historically comes with some of the best new car deals, and 2020 is shaping up to be an even better deal for consumers.  The best new-car warranties for 2020 come with free maintenance The …

During the coronavirus, remote vehicle deliveries are essential. But as dealerships become accustomed to remote e-signing tools and customers stay away for fear of endangering themselves or their families, will contact-free car sales become more normalized? Among the software companies offering free or reduced-price services during the COVID-19 closures, finance-and-insurance …

Alongside fixed operations, earnings from used-vehicle sales and finance and insurance generate the bulk of dealership gross profits today. But executives at the public groups warn that shifting focus to used-car sales may adversely impact F&I opportunities. For all six public dealership groups, F&I profits reached peak levels in 2019, …

Pedestrian deaths reach 30-year high in 2019 Pedestrian deaths caused by drivers increased 50% in the past decade, according to a report released last month from the Governors Highway Safety Association. Kia recalling more than 141,000 Optima sedans for faulty fuel lines Kia will recall 2013-2014 Optima sedans for a …

Darwin Automotive, one of the fastest growing F&I technology companies in the U.S., has added capabilities that allow customers to digitally share their car-deal structure with friends, family or advisers for their input before committing. The capability underscores a growing trend among software companies to share information and buying power …