Used Vehicle Prices Hit All-Time High

Used Vehicle Prices Hit All-Time High
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Considering a pre-owned vehicle instead of a brand-new model? Going used is generally a good idea but you may want to think twice about the decision because prices are creeping upward. Continue Reading...

Two-Tier Pricing, Mandatory Upgrades Concern Dealers

Two-Tier Pricing, Mandatory Upgrades Concern Dealers
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  The National Automobile Dealers Association (NADA) is tackling two contentious issues facing new car dealers in the U.S. today: two-tier pricing programs and mandatory facility upgrades. Continue Reading...

Expensive Fuel Saving Tech to Cause Dramatic Decline in New-Car Buyers: Study

Expensive Fuel Saving Tech to Cause Dramatic Decline in New-Car Buyers: Study
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Sales of smaller cars are on the rise as the average transaction price for a new vehicle continues to climb, recently hitting an all-time high of $30,748. In response to these trends, the National Automobile Dealers Association (NADA) has conducted a study revealing the proposed 54.5 mpg CAFE standards for 2025 will cause a significant… Continue Reading...

Report: Cash-for-Clunkers Out of Cash Again

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Report: Cash-for-Clunkers Out of Cash Again
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The National Automobile Dealers Association (NADA) has asked the U.S. government to suspend the Cash-for-Clunkers program immediately as it believes the $3 billion in earmarked funds have already been used up. NADA Chairman John McEleney told Automotive News that based on a survey of its dealers it believes the $3 billion in funding could be… Continue Reading...

Breaking: Cash-for-Clunkers Program to be Suspended as Funding Dries Up

Breaking: Cash-for-Clunkers Program to be Suspended as Funding Dries Up
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  If you’ve been trying to decide whether or not to trade in your gas guzzler on a new fuel-efficient model and cash in on the government’s $4,500 CARS rebate, you’ve waited too long. The program, funded with 1 billion dollars of tax payers’ money is already running low – just six days after the… Continue Reading...