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]

As the New York International Auto Show gets under way, new rides are being launched right and left. To give dealers and others in the industry an idea of how these vehicles will hold up against time, price-wise, ALG’s Eric Lyman offered a bit of commentary from the show. Here’s what the ALG vice president of […] [Read More]

CarMark Auto Finance is hosting a free webinar on Thursday that will explore the details behind a new residual-based financing option that can help dealers greatly reduce monthly payments for their customers. Leading the “CarMark Auto Finance: A New Residual-Based Finance Program” webinar is David Ruggles, manager of CarMark Auto Finance. The event is scheduled […] [Read More]

With gas prices high, commuting and the amount of money it takes to get from home to work and back again has high priority on consumers’ minds these days. And according to AAA, 86 percent of Americans rely on their vehicle to get them to and from work every day. In what could be an […] [Read More]

Spring is under way, and the American International Automobile Dealers Association is gearing up for the AIADA 7th Annual International Auto Industry Summit in the nation's capitol later this season.  And Jenell Ross, AIADA chairwoman, highlighted a few reasons why she never misses this event on her blog, noting she considers AIADA’s spring meeting to […] [Read More]

When we talk about human nature, we’re talking about conditions that are basic to all of us, so what we’re really talking about is a tremendous natural resource that can be studied and used to further our own purpose. Once you have a basic understanding of the prey you are hunting, the task becomes not […] [Read More]

After reviewing data from the fourth quarter of last year, Experian Automotive said today that Ford took the top spot in corporate loyalty. It’s the first time the Blue Oval has secured this achievement since the closing quarter of 2011. During the fourth quarter of 2012, analysts determined 47.9 percent of the customers who own […] [Read More]

Used-vehicle sales will approach 2.9 million units this month, according to estimates from TrueCar.com released this morning. The site is projecting a new-to-used sales ratio of 1:2 for March. This prediction follows the forecast of CNW Research earlier this month, which called for 2.95 million used sales. Each forecast includes numbers for franchised and independent […] [Read More]