More than a half-million dollars will be at work within North Texas communities over the next year, as the Ford Motor Company Fund partners with local dealers to address three areas of citizen concern. On Friday, the fund announced its investment of $550,000 in North Texas community programs and nonprofits during the next 12 months, […] [Read More]

With an aging fleet out there nowadays, an annual analysis of vehicle inspection forms by the Car Care Council showed three of every four units on the road today need some kind of service. So how can dealers leverage this potential to keep service bays busy and cash registers ringing? One way is through social […] [Read More]

The rise in residual values for General Motors has been more rapid than the overall industry in recent years, according to ALG. Projections for 36-month residuals for GM’s 2013 model-year class are still lower than the industry average, but the Detroit automaker has gained a lot more ground in the last four years than the […] [Read More]

If a shopper at your dealership wants to lease a vehicle, how close will the monthly payment be to what he or she was paying before the recession hit? According to data from Swapalease.com, the difference could be striking. The company shed some more light on this by comparing the 2006 and 2012 average monthly […] [Read More]

Stone Point Capital, a global private equity firm based in Connecticut, recently announced a purchase of GWC Warranty Corp. and certain affiliated entities from CIVC Partners. Trident IV L.P. — a private equity fund managed by Stone Point Capital — and GWC’s management team came together to buy GWC. GWC is headquartered in Wilkes-Barre, Pa., […] [Read More]

Have you ever wondered what Canada’s favorite car is? According to owner reviews from AutoTrader.ca, the Ford Fusion "gets the nod' as the highest rated vehicle by Canadian owners. The site came to this consensus after taking into consideration more than 22,000 reviews from actual owners. With this announcement, the site is debuting the results […] [Read More]

April is underway and the 2013 Auto Remarketing Canada conference, presented by CarProof, is less than three weeks away.  Conference organizers expect record-breaking attendance, with more than 450 industry personnel already registered. And at least 50 percent of these attendees are dealers. Click here to see the pre-show attendee list, updated daily. Speakers, attendees, exhibitors […] [Read More]

In March, Volkswagen wrapped up its best-ever first-quarter performance in the certified pre-owned market with its strongest month of all-time. Hyundai also celebrated its best month ever, moving 6,715 CPO units. UPDATE: Mazda achieved its best CPO month ever, as well, moving 3,390 units for close to a 56-percent year-over-year improvement. This pushed year-to-date sales […] [Read More]

Topping the next-closest model by 3,350 online visits, the most-researched used vehicle on KBB.com for March was the Honda Civic. It generated 53,848 visits and was followed by the Honda Accord, which received 50,498 visits. Third on the most-researched used list was the Toyota Camry (47,450 visits), while the Toyota Corolla was fourth (34,452 visits), […] [Read More]

Judging by data analysis released today by Marchex, Inc.,  each time an employee at a dealership or service center answers the phone, he or she may have a good opportunity to turn that conversation into a sale. Marchex, a mobile performance advertising company, found that consumers now place millions of calls to the auto industry […] [Read More]