Following months of production challenges in the aftermath of the devastation in the automaker’s home of Japan, Honda Canada Manufacturing said it is back to full production capacity, meaning dealers should soon see inventory return to more normal levels, including the supply of all-new 2012 Civics. Almost the entirety (about 95 percent) of Honda’s Canadian […] [Read More]

Carfinco Income Fund took a few big steps this week as part of its process to transition from being an income trust to becoming a new corporation. Carfinco revealed Wednesday that it has struck an arrangement agreement with the new corporation — to be named Carfinco Financial Group — which is one of the required […] [Read More]

A full day has not even passed since the announcement of AutoCheck’s return, and Warren Barnard has already been fielding calls expressing words of encouragement. Amid a disagreement that dates back to June, the Used Car Dealers Association of Ontario was able to come to a temporary accord about a week ago with the Insurance […] [Read More]

Automakers, dealers and service providers are looking to connect with consumers on mobile devices for good reason. Data from the comScore MobiLens service showed 72.2 million Americans accessed social networking sites or blogs on their mobile device in August, an increase of 37 percent in the past year. The recent study also provided new insights […] [Read More]

The National Automobile Dealers Association expected some backlash when 66 U.S. House members urged the chairman of the Committee of Appropriations to craft legislation that would put CAFE standards solely under the jurisdiction of the National Highway Traffic Safety Administration. A retort from a group of environmentalists came the same day. The chief executive officers […] [Read More]

Independent auto consultant Glenn Mercer’s study will comb through confidential interviews with dealers, lawyers, accountants and automakers, among others. Part of the process will be to reach out to outside industries — like the restaurant and hotel businesses — to seek their input. All of this will be done to address a point of “frustration” […] [Read More]

Carfax revealed Thursday that its mascot Car Fox has been voted “Most Irritating Animated Actor” by The Consumerist — a blog owned by the Consumers Union that highlights shopper opinions and experiences. Through the company’s “Show Me the Carfax” campaign, its Car Fox mascot has become a household name, showing up on televisions and in […] [Read More]

The auto market has been among the bright spots for many parts of the country lately, as most Federal Reserve Districts saw car sales climbs and improvements in new-vehicle supply following disruptions earlier this year. These were just two of the findings in the latest Beige Book report from the Federal Reserve Board, which delved into […] [Read More]

About two years ago, Chrysler’s Sterling Heights (Mich.) Assembly Plant was on the chopping block. How times have changed. On Tuesday, the automaker announced it is pumping $165 million into the plant to add a 1 million square-foot body shop. As part of the investment, the plant will not only get a new body shop, but […] [Read More]

Avis Budget Group announced that its Avis Budget Rental Car Funding subsidiary renewed its U.S. asset-backed bank conduit facility, expanding its borrowing capacity by $450 million to $2.5 billion. Officials indicated the date until which the company may borrow under the entire facility has been extended to October 2013. J.P. Morgan and Deutsche Bank served […] [Read More]