Monthly certified pre-owned sales fell on a year-over-year basis for the first time since July, but the current sales pace remains well above year-ago levels. The market again saw multiple brands reach best-ever certified sales. Overall — according to statistics from Autodata Corp. — there were 139,532 CPO sales in October, down 1.4 percent year-over-year. […] [Read More]

Auto Remarketing recently learned that Volvo Cars North America has a pre-owned car line manager to replace Diana Lidgett, who is moving over to Volvo’s Southern region to serve as its distribution manager, effective Dec. 1. Taking on the pre-owned position is Steve Golow, who has been with the company since 1995, most recently serving […] [Read More]

Toyota will recall about 550,000 six-cylinder Toyota and Lexus units throughout the world in response to a potential issue with the crankshaft pulley, a problem that could result in the power steering pump coming loose. Toyota Motor Sales USA issued a statement Wednesday announcing the recall of 420,200 vehicles in the U.S., and told Auto […] [Read More]

General Motors generated $1.7 billion or $1.03 per fully-diluted share in net income attributable to common stockholders during the third quarter, but Dan Akerson isn’t satisfied. The chairman and chief executive officer acknowledged, “GM delivered a solid quarter thanks to our leadership positions in North America and China where we have grown both sales and […] [Read More]

For the two sisters that own Hare Chevrolet, the passion for their family’s business came later in life. As youths, the women just wanted to escape their hometown. But now, as sixth generation dealers recently taking part in Chevrolet’s Centennial Celebration, the women embrace their family and store heritage. They are in charge of a […] [Read More]

Payless Car Sales revealed Tuesday that it has reached a deal with JM&A Group to serve as the administrator of the certified pre-owned program it is rolling out this month. As part of the agreement, JM&A is offering its F&I products to Payless Car Sales dealers, in addition to serving as the administrator of Payless […] [Read More]

Down “severely” in its two biggest markets because of the continuing aftermath of the earthquake earlier this year, Toyota’s global sales fell more than 18 percent during the first half of fiscal 2012, the automaker said Tuesday. [Read More]

NCM Associates launched a new, free information and training resource for dealers and their managers Monday. The NCM Institute Center for Automotive Retail Excellence rolled out a new blog and e-newsletter called Up To Speed. Director Garry House explained the online products will feature informational articles from the entire NCMi faculty on topics including merchandising […] [Read More]

As the flooding in Thailand continues to cause production troubles for its suppliers, Toyota announced late last week that it has been forced to extend the time frame for adjusted production hours at its plants in Japan, while also slowing production rates in North America, South Africa and multiple Asian markets.  The automaker previously announced that […] [Read More]

It was revealed late last week that Jeff Schmitt Auto Group and its six dealerships in Dayton, Ohio, have been selected as Motor Trend Certified dealerships. The Motor Trend Certified program — created by Motor Trend magazine and powered by EasyCare — allows franchised dealers to “provide a highly valued certification program for their other […] [Read More]