Due to a long-standing tradition of treating used vehicles alike — from the practice of applying standard, cost-up mark-ups to addressing age and pricing issues at standard intervals, many dealers are not giving sufficient, individualized attention to every used vehicle in their inventories. This inattention appears to be most profound when it comes to pricing […] [Read More]

CarProof Vehicle History Reports revealed today a new resource to help used-car buyers and sellers. The new 2013 Used Car Selling Guide, designed to help private sellers prepare their cars for sale, may prove beneficial to dealers, as well, since tight used supply is pushing many stores to try and secure inventory from private sellers […] [Read More]

Two big names in the auto industry are teaming up in an effort they say will boost lead generation to dealers as it creates new advertising revenue opportunities.  Per the joint announcement this week, Autobytel has joined Jumpstart Automotive Group’s portfolio of digital automotive publishers.  Through the new relationship, Jumpstart said it now reaches 26 […] [Read More]

The National Highway Traffic Safety Administration said General Motors is recalling certain model year 2013 and 2014 Chevrolet Cruze vehicles equipped with manual transmissions. A total of 3,161 units manufactured between Jan. 24 through Aug. 1 are included in the campaign because the right front half shaft may fracture and separate on the affected vehicles. […] [Read More]

<p>After opening its doors in September, Porsche Centre Oakville has sold more than 62 Porsches.<br /> <br /> To provide a comparison, in September, there were 333 new Porsches sold in all of Canada.</p> <p>The OEM says this success reaffirms Porsche&rsquo;s growth strategy for Canada.</p> <p>&quot;Porsche actively seeks ways to stretch boundaries,&quot; said Francesco Policaro, […] [Read More]

CallSource, a call tracking, marketing analysis and sales improvement firm, announced a new partnership this week to offer onsite and online call management and phone skills training for the company’s automotive retail clients.   CallSource is joining forces with eXtéresEDU, a division of eXtéres Corp., which will provide initial hands-on, onsite training sessions that many […] [Read More]

The National Highway Traffic Safety Administration said Mitsubishi Motors North America is recalling a little more than 10,000 units to correct a powertrain issue. Mitsubishi’s campaign covers Lancer Evolution vehicles from the 2008 through 2013 model years and manufactured from December 12, 2007, through March 5 of this year. In the affected vehicles — a […] [Read More]

Not only did Penske Automotive Group sell nearly 14 percent more used vehicles in the third quarter than it did a year ago, but the retailer also made more money on each of the used cars it sold. Penske moved 43,518 used retail units in the third quarter (including U.S. and international operations), which was […] [Read More]

All in all, the 2013 third quarter was good for public dealer companies. No surprise, strong new- and used-vehicle sales, coupled with gains in F&I, parts and service, drove a largely positive financial performance for the groups reporting their quarterly results last week. In reviewing the earnings call transcripts from Asbury Automotive Group, AutoNation, Group […] [Read More]

With used-car sales predictions coming in at above 3 million and new-car sales expected to achieve the best October seen since 2007, it seems trouble in Washington, D.C., earlier this month didn’t affect the industry too much. TrueCar.com revealed its predictions Monday, announcing it expects used-car sales to reach 3.5 million units. The ratio of […] [Read More]