The most populated province in Canada is investing in energy-efficient vehicles in an effort to “move forward on its plan to become  a world leader in clean energy and manufacturing.”  The Ontario government announced an investment of almost $16.9 million toward hybrid vehicle production at the Toyota plant in Cambridge, Ontario. “The investment will allow […] [Read More]

While federal officials found the amount of recalls last year ended up as the second-smallest tally since 2000, Kelley Book Book analysts think the figure resulted in little impact on the used-vehicle market, especially in terms of pricing and shopping activity. The National Highway Traffic Safety Administration determined manufacturers filed more than 650 safety recalls, […] [Read More]

Lease customers have their own sets of requirements, needs and wants when they are searching for a new ride but a recent survey revealed these may be changing — and fast. According to survey results from a study by Swapalease.com, roughly a quarter of people seek leases with less than 12,000 miles per year; more […] [Read More]

In surveying car dealers and industry contacts for its latest investor guidance report ahead of the fourth-quarter and full-year financial statements from the nation’s six publicly traded dealer groups, KeyBanc Capital Markets painted a picture of relatively healthy used-car activity. [Read More]

At the recent Montreal International Auto Show, the Automobile Journalists Association of Canada announced the finalists for the Canadian Car of the Year awards — which is now in its 28th year. The finalists are as follows: 2013 Canadian Car of the Year: Honda Accord Sedan Hyundai Elantra GT Porsche Boxster 2013 Canadian Utility Vehicle […] [Read More]

Auto Remarketing Canada 2013, sponsored by CarProof, continues to take shape as the conference website is up and running and early registration is underway. And as Auto Remarketing Canada gears up for 2013, the organizers are pleased to announce they will be teaming up with the International Automotive Remarketers Alliance this year to bring you […] [Read More]

The North American International Auto Show last week brought many new redesigns to the forefront of the industry and consumers’ minds, alike. News of new in-car technology, redesigns and cutting edge alternative fuel concepts flowed through the media just last week. But will the NAIAS and all the new products that are set to hit […] [Read More]

Results from a recent survey showed it might be the woman in the family who can best assess if auto loan terms, especially the monthly payment, can fit into the household budget. Findings from a poll commissioned by Working Mother and Chase Card Services showed 59 percent of working mothers say they manage household expenses […] [Read More]

Ten of the nation’s 12 Federal Reserve Districts posted car sales in late 2012 that were at least “steady,” with several of these regions actually enjoying more robust figures to cap the year. That’s according to the Fed’s latest Beige Book report, which said “strong sales” were cited in the latest reporting period by the […] [Read More]

Recovery Industry Services Co. and MBSi Capital Corp. recently announced they joined forces to become the sole provider of vehicle key codes within the iRepo Assignment Management Solution to all Ally Financial vendors. The companies insisted MBSi designed the process to be easy and expedient. They indicated key code requests take place post recovery at […] [Read More]