In light of the government shutdown, many dealership groups and manufacturers are taking measures to support furloughed federal employees.  Hyundai, for instance, announced it would defer all auto loan and lease payments during the shutdown for current Hyundai owners who are furloughed. And late last week, Sheehy Auto Stores said it will support federal employees […] [Read More]

September was a particularly impressive month for the domestic automakers in the certified pre-owned market, as the Big 3 managed to collectively increase their CPO sales output by more than 15 percent year-over-year, according to Autodata Corp. They also grabbed four additional points of market share, with domestic certified sales leaping to just a shade […] [Read More]

Edmunds.com has already begun “experimenting” with a used-car iteration of its Price Promise program and plans further expansion in this area next year, along with launching a Lease Promise product at the National Automobile Dealers Association Convention & Expo in January. Edmunds president and chief operating officer Seth Berkowitz was speaking along with Eugene Park, […] [Read More]

Tesla, the Virginia Automobile Dealers Association and the state's Department of Motor Vehicles came to an agreement that essentially will help avoid litigation surrounding the opening of a Tesla dealership in Northern Virginia. After the Virginia DMV denyed Tesla’s request in April to open a dealership in the area, Tesla appealed the ruling in Fairfax […] [Read More]

Hendrick Automotive Group broadened its footprint in the Tar Heel State this week by adding another Honda dealership to its store portfolio. Chairman Rick Hendrick has partnered with Bob Barbour to open Barbour-Hendrick Honda Greenville. The dealership, formerly Bob Barbour Honda, officially opened under the Barbour-Hendrick name this week in Greenville, N.C. “Rick and I […] [Read More]

Carfax Canada has named a new leader. Joining the company as general manager/managing director of Carfax Canada is Jon Arnett. Arnett has over a decade of automotive experience in Canada, including time in the vehicle history industry, the company shared. In his new position, Arnett will be responsible for overseeing efforts to continue expanding the […] [Read More]

It was the second-best quarter ever for the certified pre-owned market, trailing only the quarter that preceded it (and by just 1.5 percent, no less). That’s the latest on the scorching CPO industry from Autodata Corp., which said third-quarter numbers were quite strong.  There were 540,383 certified sales, good for second all-time behind the second […] [Read More]

Chrysler Group announced this week that it will recall an estimated 10,800 trucks — most of which are in dealer hands — to upgrade software that controls instrument-cluster illumination. The automaker explained in-plant quality-control personnel discovered instrument-cluster backlighting may function intermittently on certain vehicles. Regulatory compliance requires that information displays be clearly legible. “Vehicle performance […] [Read More]

CarProof Vehicle History Reports announced this week it has made a “first of its kind” data agreement for the company. Under the new agreement with Kia Canada, CarProof reports will now include open recall information Kia vehicles. Recall information on a specific Kia vehicle will now appear directly on the CarProof vehicle history report, the […] [Read More]

As September’s certified pre-owned results for Canada come rolling in, it's apparent this past month was a strong one, once again, for European automakers. And one relative newcomer to the CPO market had a stand-out performance, as well. Mazda Canada sold 405 certified units in September, continuing to show strength in its CPO program’s second […] [Read More]