Average fuel economy for new cars that shoppers are driving off the lots seems to be rising right along with fuel prices. According to TrueCar.com, fuel economy numbers from June light vehicle auto sales indicate the average fuel economy for new cars sold increased to 23.1 miles per gallon in July 2012, compared to 21.6 […] [Read More]

Education efforts received a helping hand last week,  as both the Reynolds and Reynolds Co. and the Toyota USA Foundation reached out to students with recent endeavors. Reynolds and Reynolds has announced its provision of more than 50 merit scholarships for the 2012-2013 academic year, to students attending colleges in the U.S. and Canada. With […] [Read More]

At Toyota, Brad Heagy — the retail sales & operation manager for TCUV/TRAC programs — emphasized that a great deal of the company’s success in certified pre-owned over the years can be attributed to the fact that “our dealership business partners have invested in the TCUV brand.” And that includes the training that has been […] [Read More]

Approaching their final stretch,the Olympics have led TV ratings and been the center of water-cooler discussions, with the spotlight centered on such athletes as Michael Phelps, Gabby Douglas and Usain Bolt. And for the second week in a row, Kbb.com’s Hot Car Report is showing automakers lucky enough to notch TV advertising spots during the games […] [Read More]

AutoCanada recently entered into a new $240 million revolving floor plan facility agreement with The Bank of Nova Scotia, replacing its existing facility with Ally Credit Canada. Executives explained that the new revolving floor plan facility will be used to finance the purchase of new- and used-vehicle inventory at 21 of AutoCanada’s dealership locations. They […] [Read More]

As part of a series of training sessions scheduled during the remainder of the year, RouteOne is going to host a free Webinar titled, “Managing Adverse Action.” The upcoming Webinar set for 1 p.m. ET on Tuesday will include members of RouteOne’s legal department and product development team. Organizers are looking to educate dealers on […] [Read More]

After a strong first half of the year — including double-digit sales growth in the U.S. — the North American new-vehicle market will likely see some cooling during the rest of the year, according to LMC Automotive. For the U.S., in particular, new-car sales were steady in July; however, LMC Automotive has scaled back its […] [Read More]

The average price gap between a new car and a comparable one-year-old vehicle these days is less than 12 percent, according to Kelley Blue Book, which has found that for some models, the difference in price is less than 1 percent. More specifically, in its list of 10 New Vehicles to Buy New Rather Than […] [Read More]

According to the newest RDN Monthly Analytics Update, June recovery volumes increased 2 percentage points from May levels while June recovery orders also moved 2 percentage points higher from the previous month. RDN reiterated its Recovery Volume Trend Summary provides a rolling 29-month summary of the volume of recoveries and orders in the U.S. Officials […] [Read More]

The companies you will find listed here  are the major players in the used-car and remarketing worlds. Some are well-known pillars of the business; others are just getting their feet wet, but they are nonetheless making waves. These companies have each made the list for different reasons, but they all have made a significant impact […] [Read More]