A strong start to 2013 left the February data reported in the latest RDN Monthly Analytics Update falling lower against January but slightly higher versus a year ago. Officials said February recovery volumes dropped 13 percentage points versus the January level. However, the February reading came in 4 percentage points higher than the year-earlier mark. […] [Read More]

The average age of vehicles on the road continued to rise during the last quarter of 2012, according to data from Experian Automotive. During a webinar last week, the company reported that the average age of vehicles in the fourth quarter of 2012 was 10.4 years, up from 10.2 in the same period of 2011. […] [Read More]

A federal class-action lawsuit was filed against Ford Motor Co. in West Virginia late last week for what plaintiffs’ attorneys have said are alleged defects causing unintended acceleration. The suit includes plaintiffs from 14 states and was filed by Grant & Eisenhofer P.A. — as well as other firms — in the U.S. District Court […] [Read More]

Honoring the best in service quality, Volkswagen of America is sending national champions from four different dealerships across the U.S. to compete in the automaker’s Retail Qualification World Championship next month in Wolfsburg, Germany. The four champions from the U.S. taking part in the international competition are: — Service Consultant National Champion: Virko Tammaru from […] [Read More]

Auto dealerships face plenty of uncertainty regarding their business every day. How competitive is your pricing? How effective is your marketing? Do you have sufficiently trained staff? Do you have enough inventory? It would be great if you had one less worry: wondering if you’ve selected the right vehicle carrier. There are plenty of ways […] [Read More]

In response to the recent guidance from the Consumer Financial Protection Bureau on indirect automotive finance — which could have a signfincant impact on dealerships — Dealertrack Technologies will be holding a free webinar this week. The event is the latest in a series of compliance webinars from Dealertrack and is scheduled for Thursday  at […] [Read More]

As dealers highlight models to fulfill buyer demand for gas-sipping, high-performance vehicles, a new J.D. Power study showed satisfaction is declining among customers whose vehicles are equipped with a feature automakers are using to improve fuel efficiency. Specifically, customer happiness with run-flat or low-rolling resistance tires is softening, according to the J.D. Power and Associates […] [Read More]

AutoCanada Inc. announced 2012 fourth quarter and record annual financial results Wednesday, reporting growth in almost every segment of the business. With revenue increasing 9.8 percent in Q4 of last year to rest at $262 million, the dealer group announced that the number of used vehicles retailed increased by 1.8 percent, coming in at 2,172 […] [Read More]

This year’s Auto Remarketing Canada Conference, presented by CarProof, is less than four weeks around the corner. Conference organizers have extended the  early registration deadline to April 1, so you still have time to save $200. Speakers, attendees, exhibitors and sponsors make their way to the Fairmont Royal York on April 22 and April 23 […] [Read More]

CarMark Auto Finance is hosting a free webinar this afternoon that will explore the details behind a new residual-based financing option that can help dealers greatly reduce monthly payments for their customers. But you must act quickly to take advantage; the event begins at 2 p.m. (EST) Leading the “CarMark Auto Finance: A New Residual-Based […] [Read More]