Shares of U.S. automakers may finally be able to accelerate, reports Reuters. Investors are closely awaiting next week’s May sales data, expected to come in near record levels. Meeting those forecasts could be enough to lift the sector – among the cheapest in the market – putting the sting of product recalls and tepid recent ... Read More »
SANTA MONICA, Calif. — Sales of certified pre-owned vehicles hit an all-time high of 2.3 million units sold in 2014, making up 20.8% of total used-car sales at franchised dealerships, according to the latest Used Vehicle Market Report from Edmunds.com. Edmunds said it expects this trend to continue through 2015, with lease vehicles expected to ... Read More »
SANTA MONICA, Calif. — Edmunds.com has acquired mobile startup CarCode, a service that lets customers and dealers engage in one-on-one text messaging. It is the first acquisition for the online car shopping website. The technology will be used in Edmund’s dealership network and will be provided as a complimentary service for shoppers. “Car shoppers are ... Read More »
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