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Car Sales

Stop Buying SUVs!

Brian Moody | Posted 02.09.2017 | Business
Brian Moody

Why is everyone buying SUVs? And they are buying them -- demand has never been higher. Unless you have a trailer to tow or you like to do some serious...

It's Going To Be A While Before Uber Replaces Car Ownership

Reuters | Casey Williams | Posted 03.10.2016 | Business

DETROIT (Reuters) - The growing popularity of car- and ride-sharing services such as Uber, Lyftand Zipcar will not put a crimp in U.S. vehicle sales a...

What Are the Biggest Myths About Car Dealerships and Salesmen?

Quora | Posted 06.15.2016 | Business

Having worked in dealerships for nearly a decade, I don't think auto dealers are half as bad as many consumers seem to think they are. Are dealerships perfect? Of course not. Are they paramount examples of ethical business practices? No. But are they any less ethical than most retail businesses?

How Much Do Car Salesmen Really Make?

Quora | Posted 06.03.2016 | Business

The short answer is that most car salespeople don't earn a whole hell of a lot of money. Dealership salespeople average about 10 car sales per month, and earn an average of about $40k per year. If you do the math, that's about $330 per car.

13 Emotional Stages You Experience When Buying A Car

Posted 09.12.2015 | Money

We go through a full spectrum of emotions when making a big financial decision like buying a car. It’s an exhausting and financially draining roller...

What Are Car Salesmen Really Doing When You're Left Waiting in a Dealership?

Quora | Posted 05.30.2015 | Business

Salespeople who are about to make a sale are often worried they're going to lose a sale, so their tendency is to say yes to whatever the customer asks. Obviously, that's not a profitable response, so a sales manager's job is to counsel the salesperson and keep them in the right frame of mind.

Why High Gas Prices Are a Good Thing

Brian Moody | Posted 05.12.2015 | Business
Brian Moody

I know it sounds counterintuitive to say that high gas prices are a good thing. Why would high prices on anything be good? The reason is simple: Prices help shape consumer behavior in lots of areas, including clothing, food and housing. Is there any doubt that high real estate prices are partially responsible for the tiny house movement?

Texas Plumber Not Sure How Extremists In Syria Ended Up With His Work Truck

The Huffington Post | Ryan Grenoble | Posted 12.18.2014 | Home

A Texas plumber says he has no idea how his company's work truck ended up in the hands of Islamic extremists in Syria. The truck, a black Ford F-25...

How to Buy a Car on Craigslist Without Getting Scammed

Quora | Posted 10.04.2014 | Money

If you get a bad feeling about the way someone's acting, the way the vehicle drives, the story you're being told about the reason for the sale, the fact that the seller's a Raiders fan -- whatever -- listen to your gut. There are millions of cars in the world. You can always find another one.

Presenting: The Top-Selling Carmaker

Reuters | Posted 03.29.2013 | Business

* Toyota sells record 9.75 million vehicles group-wide * Sales rebound 23 percent on a year earlier TOKYO, Jan 28 (Reute...

What Consumers Ought to Know When Purchasing A Car

Bill Cheney | Posted 11.04.2012 | Money
Bill Cheney

Learn to repair a car, too. You can at least save on basic maintenance, and you'll have some fun along the way. And you never know how talented a mechanic you'll be.

$31K Buys You a Camry... or a Ferrari

Brian Moody | Posted 10.23.2012 | Business
Brian Moody

Don't get me wrong, the Camry SE is good car, it's even somewhat fun to drive. But the Ferrari is, well, a Ferrari. The Ferrari comes standard with such a huge dose of awesome that everyone on the street will gladly give you directions.

Car Sale Murder Solved After 20 Years On 'Stolen Voices, Buried Secrets'

Posted 07.31.2012 | TV

22-year old Randy Soderberg left his wife and daughter so he could sell his Mustang, only he never returned. His murder and the case that went unsolve...

Don't Even Think About Buying A Car Today

The Huffington Post | Khadeeja Safdar | Posted 03.07.2012 | Money

Thinking of buying a new car? Don't do it on Tuesday. March 6 is the worst day of the month to purchase new wheels, according to ...

Obama's Big Bet

The Huffington Post | Mark Gongloff | Posted 03.01.2012 | Business

Thing One: Sexy Sexy Economic Sex: We should put a brown wrapper around this blog post today, or do an age check or something, because this is going t...

Chrysler Posts Best Result In Four Years

Posted 01.01.2012 | Business

Chrysler Group LLC posted a 27 percent gain in October U.S. sales -- its best result in four years -- as major automakers reported results pointing to...

General Motors' Profit Nearly Doubles

Posted 10.04.2011 | Business

DETROIT - General Motors Co's quarterly profit nearly doubled, beating expectations, as the top U.S. automaker took a larger share of sales globally a...

GM's Profit More Than Triples On Strong Asia Sales

Posted 07.05.2011 | Business

DETROIT: General Motors Co's quarterly profit more than tripled, beating expectations, driven by a recovery in the U.S. market and strong sales in Asi...

Auto Sales Soar As Consumers Flock To Small Cars | Posted 07.03.2011 | Business

April car sales kept going strong, fueled by strong consumer demand for small cars and growing consumer confidence. General Motors' sales spiked 26...

U.S. Auto Sales Soared In February

Posted 05.25.2011 | Business

DETROIT (AP, Tom Krisher and Dee-Ann Durbin) -- As more U.S. buyers head back into auto dealerships, automakers are jostling for their attention with ...

Tata's Nano, The Ultracheap Car That Few Want To Buy

The New York Times | Vikas Bajaj | Posted 05.25.2011 | Business

MUMBAI, India -- When it was introduced in early 2009, the egg-shaped Tata Nano was billed as a modern-day people's car, an ultracheap vehicle that wo...

WATCH: Why Labor Day Is The Best Time To Buy A Car

Posted 05.25.2011 | Business

Labor Day was created to honor workers, but it may be the one of the best times of the year to be a consumer. CBS News business and economics corres...

Never Short the United States

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

Official figures point to optimism and job creation. The most critical job creation policy depends on the U.S. Treasurer's report on China's heavily subsidized currency.

Bloomberg: US GDP Probably Grew 3.2% As Stimulus Took Hold

Bloomberg | Timothy R. Homan | Posted 05.25.2011 | Business

The economy in the U.S. probably grew in the third quarter at the fastest pace in two years as government stimulus helped bring an end to the worst re...

GM: Sell Cars Like Dell Sells Computers

Diane Francis | Posted 05.25.2011 | Business
Diane Francis

General Motors is teaming up with eBay to sell its inventory of new cars online. This could be, if it works, the new new business model for vehicles.