It’s fitting that New Orleans — a city as tough, determined and resilient as the auto industry — will host the 2014 NADA Convention & Expo in January. Just like the city, the auto industry has endured its own share of crises and comebacks. We have been through many challenges over the past few years, […] [Read More]

It’s 30 brands and counting for Hendrick Automotive Group, as it broke ground Monday on a new North Carolina dealership.   Audi Northlake, set to open in spring 2014, will become the newest addition to the Hendrick Luxury Auto Mall at Northlake, located in North Charlotte, N.C., and its first Audi dealership.   “Audi is […] [Read More]

Sheehy Auto Stores have been doing their part to fight breast cancer: late last week, the company donated $162,000 to the Susan G. Komen Race for the Cure. But this isn’t the first time Sheehy Auto has supported the cause. This donation was part of the company’s 16th Annual Sheehy 5000 50-day campaign to raise […] [Read More]

Along with an update about a fundraising project in Oklahoma, Ally Financial announced how it’s joining forces with the National Automobile Dealers Association to launch a quick, six-question survey that will measure the charitable contributions of franchised dealers across the country. For every survey completed, Ally and NADA will each make a $1 donation to […] [Read More]

A1SuretyBonds.com reminded dealers and wholesalers operating in Alabama that the state’s Department of Revenue Motor Vehicle Division released its new portal for dealer regulatory licenses. As of July 31, all renewals and requests for new licenses must be processed through the portal, which generates all required forms. The site indicated that any form not printed […] [Read More]

Toyota Motor Sales, USA Inc. revealed Wednesday it will conduct a voluntary safety recall involving approximately 342,000 Toyota Tacoma Access Cab vehicles. The involved vehicles — produced from 2004 to 2011 — contain screws that attach the seat belt pre-tensioner to the seat belt retractor within the seat belt assembly for the driver and front […] [Read More]

Record breaking numbers and double-digit sales increases — a summary of the results from brands announcing July’s certified pre-owned sales this month.   Reporting a best July ever for CPO sales, Volkswagen of Canada sold 1,291 certified vehicles, up from 1,236 sold during the same period of last year. “We are very pleased with the […] [Read More]

Nearly every single one of the roughly three dozen brands included in Autodata Corp.’s listing of certified pre-owned sales figures showed a year-over-year increase in their respective CPO numbers, including two that had their best-ever months. Both Kia (3,197 CPO sales, up 82.8-percent year-over-year) and Subaru, (3,275 certified sales, up 63.8 percent) achieved their strongest […] [Read More]

In two recalls announced this week, Nissan will be pulling certain model-year 2014 Versa Note vehicles which make up over 13,000 units because of possible problems with bolts installed on various areas of the vehicles. First up, in an action that affects 7,782 units, the company will be recalling certain model-year 2014 Versa Note vehicles […] [Read More]

Though pre-owned prices have decreased slightly from 2012 rates, data from Edmunds.com indicates that “used prices remain elevated over past norms.” Rising 1.9 percent from first-quarter levels, the average retail price for used vehicles sold at franchised dealerships was $16,134, the company said in its latest Used Market Quarterly Report. And though this represents a […] [Read More]