The two newest recalls revealed by the National Highway Traffic Safety Administration include vehicles from the current model year, one by Nissan and the other by Dodge. The larger of the two recalls is for the 2012 Nissan Versa. Officials explained the 36,608 effected units failed to comply with the requirements of federal motor vehicle […] [Read More]

Payless Car Sales and Bob Dance Imports will officially debut the first dealers to sign on to the Payless Assurance certified pre-owned program when the newest Payless franchise holds a grand opening Monday just outside of Orlando, Fla. In addition to being the first Payless Assurance participant, the new store in Sanford, Fla., will also […] [Read More]

Pushed by a used-vehicle performance that left the company’s chairman “extremely pleased,” Penske Automotive Group closed its most profitable year ever on a high note. Penske’s fourth-quarter used retail sales climbed 20 percent at 32,183 units, which helped lead to a 10.6-percent retail sales spike (including new and used) for the group during the period. […] [Read More]

Reporting full-year and fourth-quarter results this morning, Asbury Automotive Group enjoyed a 78-percent lift in net income in 2011, a year where the retailer’s used-vehicle operations showed substantial growth. Asbury’s total used-vehicle revenue climbed 16 percent at $1.3 billion, with used retail revenue up 21 percent at $1.1 billion. These revenues stem from 55,805 used […] [Read More]

After reminiscing about his days in Chicago as a graduate student at Northwestern, Toyota’s Yoshi Inaba emphasized why 2012 is such a big year for the Japanese OEM. Toyota Motor North America’s president and chief operating officer recently told an assembly at The Economic Club of Chicago that the automaker will launch 19 new or […] [Read More]

The certified pre-owned segment appears to have begun 2012 on the right foot in January, as sales continued to show year-over-year improvement and continue momentum from 2011, which was the best year in CPO history. Overall, there were 131,229 CPO sales in January, according to Autodata Corp. Despite this being nearly a 17-percent slide from […] [Read More]

With a former presidential candidate coming onto the board of directors and the automaker’s chief financial officer, as well as its top product development executive announcing their retirements, Thursday marked a busy personnel day at Ford. First, the Blue Oval said that executive vice president and chief financial officer Lewis Booth and Derrick Kuzak, group […] [Read More]

Earlier this week, the National Independent Automobile Dealers Association unveiled a program to offer health insurance benefits to its members. NIADA explained this new health insurance program can provide a wide selection of comprehensive coverage options, including PPO co-pay plans, health savings accounts, short-term health insurance and student health insurance and can save members up […] [Read More]

Auto West Group has started building what it says will be Canada’s biggest stand-alone Mini store in addition to being among the country’s “most environmentally sustainable dealerships.” The comprehensive revamping of the existing Mini Richmond dealership is slated to be wrapped up this summer, officials with the dealership group indicated. [Read More]

Sharing some certified pre-owned insight, Todd Fowler —Honda Canada’s manager of used-vehicle operations — told Auto Remarketing Canada on Wednesday that both of the company’s brands have made a “fantastic start” to the year in the CPO segment. And it appears that Honda and Acura aren’t alone. When asked by Auto Remarketing Canada about January […] [Read More]