The industry hit used-car sales in the neighborhood of 4.5 million units in June, and Edmunds.com pricing manager Richard Arca expects July’s used total to reflect "something very, very similar." It would appear then that the used market remains fairly stable, as June’s used sales was also rather steady (up 0.9 percent) when compared to […] [Read More]

BMW of North America will have a new president beginning Oct. 1 to fill the shoes of Jim O’Donnell when he retires. Appointed to the position is Ludwig Willisch, who at the moment heads up BMW Group’s European sales region. O’Donnell, meanwhile, has served in the North American president’s post since 2008. BMW says it […] [Read More]

Late last week, Carfax revealed its newest partner. Internet sales lead generator Cargigi is now offering the company’s vehicle history reports for its online listings. Subscribing dealers will now be privy to Carfax’s vehicle history information, which can be added to their inventory marketed online. Providing this information up-front to online shoppers builds confidence and […] [Read More]

Late last week, Carfax revealed its newest partner. Internet sales lead generator Cargigi is now offering the company’s vehicle history reports for its online listings. Subscribing dealers will now be privy to Carfax’s vehicle history information, which can be added to their inventory marketed online. Providing this information up-front to online shoppers builds confidence and […] [Read More]

The Automotive Retailers Association of British Columbia named its new president this week. Picked for the role is Ken McCormack, who was previously the general manager at B.C. Milk Marketing Board and executive director of the Agriculture and Food Council of Alberta. “I am excited about my appointment to the position of president of the […] [Read More]

In late breaking news out Thursday, the moment much of the industry has been waiting for finally came to pass. The leadership team for Chrysler/Fiat has been revealed. And heading up both Chrysler and Fiat as chief executive officer will be Sergio Marchionne. The company announced the formation of a group executive council, similar to […] [Read More]

Though projected to improve year-over-year, used sales for July are likely to be softer than where they were a month ago, according to TrueCar. The company suggested Thursday that the second half of 2011 could be rather challenging for the overall car market. More specifically, TrueCar is forecasting 4.05 million used sales for July, which represents […] [Read More]

Stay tuned. Decisions are near. That, in a nutshell, is the message Sergio Marchionne gave this week when talking about the yet-to-be-announced plans for the leadership of newly aligned Chrysler and Fiat. With rumors swirling this week about how the management structure will shake out and when it will be revealed, the chief executive officer cleared […] [Read More]

In addition to announcing several record-setting production and sales results for June and the first half of this calendar year, as a part of touting its recovery from the Japanese natural disasters, Nissan Motor Co. determined its first-quarter operating profit for the 2011 fiscal year totaled 150.4 billion yen, which equals $1.84 billion or 1.28 […] [Read More]

AiM, a new- and used-vehicle inspection services company, announced Wednesday the launch of a grading system to help customers easily determine the quality and condition of a car or truck. The grading system is based on AiM’s used-vehicle inspection report and AutoCheck Score history report. “Determining which 2010 Ford Mustang or 2009 Nissan Altima to […] [Read More]