Ford declared this week that the OEM is on pace to set an all-time certified pre-owned vehicle sales record this year with 228,000 Ford, Lincoln, Mercury CPO sales. Should the Blue Oval hit that level, it would represent a 32-percent growth in sales versus last year. Early reports to Auto Remarketing showed that Ford turned […] [Read More]

Toyota Motor Sales USA rolled out two voluntary safety recalls this week for a mix of sedans and crossovers. One campaign involves approximately 133,000 Toyota Highlander Hybrids from the 2006 through 2010 model years as well as Lexus RX 400h vehicles from the 2006 through 2008 model years. The other involves approximately 102,000 Lexus vehicles, […] [Read More]

Officials from the National Automobile Dealers Association said this week that registration for the 2014 NADA Convention & Expo in New Orleans remains steady, which has resulted in several hotels filling up quickly. Previously reported as sold out, NADA indicated a limited number of rooms have been added to several popular hotels, which include the […] [Read More]

With the last day of August coming as part of Labor Day weekend, CNW Research tabulated that the used-vehicle sales figure for the month jumped 5.6 percent year-over-year. Combining sales at franchised and independent dealerships as well as private-party transactions, CNW found August sales came in at 4.1 million units, up from the 3.9 million […] [Read More]

The Federal Trade Commission announced updated fees on Tuesday for telemarketers — which can include the BDC and service departments at dealerships — who are accessing phone numbers on the National Do Not Call Registry. The new fee schedule starts on Oct. 1. The FTC reiterated that all telemarketers calling consumers in the United States […] [Read More]

Officials released details on Tuesday for the Mid-Atlantic Regional Independent Automobile Dealer Associations Conference to be held Sept. 28-30 at Caesars in Atlantic City, N.J. The conference gathers state independent automobile dealer associations from Pennsylvania, New York, New Jersey, Maryland and Delaware for an event that is set to feature speakers such as: —Juan Flores […] [Read More]

NABD is coming to the Big Easy. The National Alliance of Buy-Here, Pay-Here Dealers is having its first major event in New Orleans, and organizers of this year's East Coast BHPH Conference highlighted that early bird discounts are available through Oct. 4. Rates through that date are $495 for a single attendee or $890 for […] [Read More]

Results from the July dealer survey orchestrated by KeyBanc Capital Markets showed how much used-vehicle and F&I momentum stores had going into this past weekend’s Labor Day holiday sales stretch. All 100 percent of participating dealers said July sales were higher than the same month a year earlier. A total of 86 percent of responding […] [Read More]

Ford announced Friday that it is issuing a safety recall in the U.S. and Canada for approximately 370,000 large sedans — the Ford Crown Victoria, Mercury Grand Marquis and Lincoln Town Car — from the 2005 through 2011 model years. Blue Oval officials pointed out that the recall is only for vehicles in high corrosion […] [Read More]

Just before Labor Day weekend, Asbury Automotive Group made a financial market announcement and Penske Automotive Group boosted its international presence. First at Asbury, the company said it issued a notice of redemption for all of its outstanding 7.625 percent Senior Subordinated Notes due in 2017. Officials indicated the redemption date is Sept. 28,  and […] [Read More]