A familiar pair of Japanese brands has taken top honors in ALG’s fourth annual Canadian Residual Awards yet again, but as ALG Canada regional director Geoff Helby told Auto Remarketing Canada this morning, the gap is closing dramatically. [Read More]

The Auto Remarketing Canada conference presented by CarProof has added a pair of new corporate partners, and organizers have also announced additional speakers for the event, which is being held April 16–18 at The Fairmont Royal York in Toronto. Moreover, the official site for the conference has been launched and can be seen at http://arcanada.autoremarketing.com. […] [Read More]

Canadian Black Book unveiled the 2012 Best Retained Value Awards today and dominating this year’s honors were Japanese brands, particularly Toyota and Lexus. The awards honor the vehicles across 17 segments that maintain their value the best. Including the tie between the Honda Accord and Subaru Outback in the midsize car category, 11 of the […] [Read More]

In what proved to be the strongest year yet for J.D. Power and Associates’ U.S. Vehicle Dependability Study, it was discovered that the market’s most reliable brand is Lexus, based on the study’s findings. This win by Lexus marks a banner year in the study for Toyota as an OEM. The Toyota and Scion brands […] [Read More]

As Ray Mungenast took over as the American International Automobile Dealers Association chairman last week in Las Vegas, he promised that he would represent members to the best of his ability. And in an effort to maintain open lines of communication with members and dealers, he will now be establishing a regular blog “Ray on […] [Read More]

Volunteers from Nissan are working hard to ensure that one single mother of two has a solid roof over her head and a new home. As a result of a sustainable building grant from Nissan, Kenya Bouie’s new home in Jonesboro, Ga., is one of 10 Habitat for Humanity homes that will be built around […] [Read More]

After years of dwindling, Urban Science is reporting that franchised dealership ranks grew in 2011. The company revealed that last year saw a slight jump in the number of dealerships, climbing to 17,767 in the U.S., a 0.6 percent increase from 17,659 in 2010. “In a ‘normal’ year, there is a 2 percent decline in […] [Read More]

It appears Honda may be facing a serious monkey wrench to the proposed class-action settlement in a case involving hybrid vehicle owners suing the automaker for allegedly misleading them about fuel efficiency. After a small claims case judgment just shy of $10,000 was won by Heather Peters — who elected not to participate in the […] [Read More]

While attorneys contest that six parties are considering buying Saab Automobile, the road ahead may be difficult for any potential suitor, given what is occurring with Saab’s dealer base, says Bloomberg in a recent report. Bloomberg indicates that the number of Saab dealers choosing to close up shop during the last two years is roughly […] [Read More]

The National Automobile Dealers Association has serious concerns about the proposed fuel economy rules for model year 2017–2025 passenger cars and light trucks and the potential negative effects they might have on consumers and dealers. Officials voiced these worries in comments filed late Monday with the Obama administration. In this statement, NADA highlighted concerns including […] [Read More]