John Hine has seen a number of good things come out of Mazda’s certified pre-owned program since the automaker revamped it a year ago. Mazda’s CPO program builds value and fosters greater consumer confidence, Hine said, and it has helped his San Diego dealership see greater used Mazda sales. “And it’s also improved our gross-profit […] [Read More]

Dealers will now be able to take advantage of ClassicCars.com’s Certified Classic Vehicle program, announced the company late last week. The program, which was previously limited to private sellers, has also gained quite a few dealer-specific enhancements through its recent expansion, noted company officials. Additionally, ClassicCars.com also introduced a credit program for qualified dealers, allowing […] [Read More]

Seen as a tool to help dealerships reduce energy costs and protect the environment, the National Automobile Dealers Association is urging its members across the country to take a new survey on their energy usage at the dealership. Based on the survey results, NADA officials said the Environmental Protection Agency will produce a 1-to-100 ENERGY […] [Read More]

Canadian auto superstore HGrégoire recently launched its second franchise in Québec, hosting an official grand opening of HGrégoire Canada’s Car Superstore Estrie. The dealership will service the needs of customers in the Eastern Townships and offers what the company says is the largest  physical pre-owned inventory in the region. [Read More]

Carfinco Income Fund gained a major contract earlier this week, as it agreed to service a U.S. equity fund-owned auto loan portfolio that is worth more than $150 million. And with the addition of the third-party portfolio, Carfinco plans to launch a Quebec service center. The portfolio includes both prime and non-prime Canadian consumers and is seeing […] [Read More]

Developing more vehicle technologies and enhancing corporate synergy were among the topics discussed this week by Toyota Motor Corp., president Akio Toyoda and the automaker’s other top executives who gathered for the annual national dealer meeting. The private meeting was attended by representatives from Toyota’s 1,233 U.S. dealers, as well as Toyota Motor North America […] [Read More]

As its peers prepare to rev their facilities back up to 100-percent capacity, Mazda Motor Corp. also plans to return to normal production at its Japanese assembly plants in June. Fiscal 2012 production output in Japan for the automaker is expected to reach 900,000 units. Not only that, the automaker has said it will be profitable across the […] [Read More]

Larry H. Miller Group announced Thursday that its founder’s first dealership has a new home. The Toyota dealership that was the first to be bought by Larry Miller back in 1979 will be open to the public again this Wednesday at 11 a.m. at its new location, 5650 South State St. in Murray, Utah, announced […] [Read More]

Saab’s parent company Swedish Automobile announced Wednesday that it has paid its employees’ wages for June, secured a 25 million euro loan and expects to resume full production within two weeks. The convertible bridge loan agreement providing the automaker with more short-term funding was made with Bahamas-based Gemini Investment Fund Limited. The loan agreement, with […] [Read More]

Structured as a way to enhance a certified pre-owned, used or new vehicle purchase, Mazda North American Operations this week launched what it’s calling Mazda Total Advantage. OEM officials explained MTA is a new prepaid scheduled maintenance program, which is the first of its kind offered by Mazda. Mazda indicated MTA is available in increments […] [Read More]