CNW: January Used-Vehicle Sales Total 2.38 Million Units

BANDON, Ore. — CNW Research reported this week that January used-vehicle sales rose 2% from a year ago to 2.38 million, with franchised dealers realizing the biggest sales increase. Compared to a year ago, used-vehicle sales for franchised dealers rose 4.63%, while sales for independent dealers slipped 1.86%. Private sales were up 3.42% from a ... Read More »

CNW: Industry Has Reached ‘Razor-Thin Balance’

BANDON, Ore. — CNW Research used an interesting analogy to describe its expectations for 2015 sales, a year in which it believes factors like fuel prices could tip sales either way. “It’s called ‘hard pan,’ and in some parts of the country, it is just below the surface. Dry, it feels like rock, but when ... Read More »

CNW: Online Ads Motivating More Used Sales Than Print

Looking at December used-vehicle sales, CNW Research noted that a growing percentage of shoppers are searching for vehicles outside of their local market. The research firm also noted that shoppers motivated by online advertising outpaced print newspapers for the first time. Compared to November, 23% more buyers in December went to neighboring areas to make ... Read More »

CNW Expects Solid Increase in October Sales

BANDON, Ore. — CNW Research reported this week that it expects October sales to improve substantially from a year ago despite several indices showing weakening consumer confidence. The firm, however, said the measurements don’t go hand-in-hand. CNW’s Art Spinella wrote in his firm’s monthly newsletter that national confident measurements cannot be used to determine sales ... Read More »

CNW: Recalls Impact Used-Car Sales in June

Franchised Dealers Realize Big Gains in Used Sales, CNW Reports

Sales Pick Up in Late May

Industry Sales Poised for Spring Rebound, CNW Predicts

CNW Research: CPO Primed for Big 2014

CNW: August Deliveries Could Rise 8 Percent