Especially for franchise dealers awaiting more inventory, Nissan shared some encouraging news late last week. All of its factories across Japan are now online. They’re ramping up production, and output is increasing as the two-month anniversary approaches marking the devastating earthquake and tsunami. In Tochigi, Japan, the largest of the three main assembly plants where […] [Read More]

Though Canadian new-vehicle sales were up almost 7 percent in April, there still is “a long way to go” before it can be determined the market has made a full recovery, according to the latest sales analysis from Dennis DesRosiers. Sales came in at 159,942 for the month, which marks a 6.9-percent rise from April […] [Read More]

The certified pre-owned market continues to see strong year-over-year gains, with automakers improving results by 8 percent in April and pushing their year-to-date sales up 12 percent, according to Autodata Corp.   However, since inventory sourcing continues to be a big challenge for many dealers, Auto Remarketing sought out some of the best advice to offer our […] [Read More]

Audi of America recently chose NCM Associates to provide 20 Group services to a select cluster of U.S. franchise dealers. Officials explained the Audi Peer Consultation Groups will be comprised of non-competing Audi A8 Flagship Program dealers who desire to collaborate with their peers around operating performance excellence and profit maximization using NCM’s Benchmark for […] [Read More]

Dollar Thrifty Automotive Group performed better financially in the first quarter than its management initially expected, and although the company certainly took a hit from the winter storms that gripped much of the country in January and February, Dollar Thrifty’s top boss says the industry is poised for a good summer. Overall, the company posted […] [Read More]

While still contending with disaster turmoil in its homeland, Toyota decided to support the American Red Cross with a donation of $1 million. The funds have been directed for relief efforts to help victims of the recent outbreak of tornados in the Southern, Midwestern and Eastern regions of the United States. Furthermore, Toyota announced it […] [Read More]

During the same week General Motors reported that it posted more than $3 billion in first-quarter net income, the automaker decided to invest $131 million in the Bowling Green Assembly plant to support production of the next generation Chevrolet Corvette, adding about 250 jobs. “This is a significant day for anyone who believes that America […] [Read More]

Import automakers saw their April sales climb double digits on a year-over-year basis, with particularly strong sales being spotted in the smaller segments, according to the American International Automobile Dealers Association. Citing statistics from AutoData Corp., AIADA indicated that import brands moved 619,629 units during April, a 14.7-percent hike from the year-ago period, although down […] [Read More]

Honda revealed this week that it has added 833,000 more vehicles to a previously announced recall of Honda and Acura units from model years 2001 through 2003 that deals with the driver’s side airbag inflator. Affected models in this recall are certain Honda Civic and Accord vehicles from model years 2001 and 2002, the 2002 […] [Read More]

AutoNation revealed a double-digit year-over-year new-vehicle sales increase in April, moving a total of 18,266 units. This amount represents an 11-percent rise from the same month last year. The company went on to share how its retail new-vehicle unit sales broke down by operating segments: —Domestic: 5,796 units, up 18 percent versus April 2010. —Import: […] [Read More]