Automakers in Canada appear to be closing 2011 with a bang on the certified pre-owned front, as all the companies that reported November results to Auto Remarketing Canada posted year-over-year gains for monthly sales. In fact, one particular brand — Acura — even achieved its best-ever month for CPO sales, and two other brands told […] [Read More]

Mercedes-Benz Canada revealed its 2012 Star Dealers list, awarding its top 10 dealers throughout the country. These dealers were evaluated in five categories, including their new and pre-owned sales, service and parts and customer satisfaction. Chosen for the awards were the following dealers (from East to West): —Ches Penney, of Mercedes-Benz St. John’s (St. John’s, […] [Read More]

After October marked the first year-over-year dip in certified pre-owned sales in three months, the CPO market moved back into the black during November, posting a 9-percent improvement over the year-ago period and keeping the year-to-date pace well ahead of 2010. Although CPO sales fell 1.2 percent sequentially, they climbed from 126,519 units sold in […] [Read More]

A new third-party certified pre-owned program has hit the market and organizers say it can give dealers a shot in the arm amid today’s supply-restricted environment, thanks to eligibility limits that go up to 15 years and 150,000 miles. The president and chief executive officer of the company behind SureSale Certified spoke with Auto Remarketing […] [Read More]

With Spyker’s administrator looking to call an end to Saab’s reorganization, the pressure is on for the Swedish automaker yet again. A big obstacle to securing funds appears to be General Motors. Saab’s former parent has balked at the possibility of Chinese investors taking majority stake, and since GM has a deal to continue supplying […] [Read More]

In giving another production update Wednesday, Toyota declared that its U.S. inventories continue to improve with dealer stock increasing by 30,000 units last month. OEM officials also believe there is “a good supply of vehicles available. “Toyota thanks its customers, dealers and suppliers for their patience and cooperation throughout the recovery process,” they added. Toyota […] [Read More]

To help dealers wrap up the year on a high note, Cadillac launched a revamped mobile site and new holiday-themed consumer offers in time for the beginning of the 2011 shopping season. Seen as one of the most important components of the entire campaign, Cadillac highlighted the new mobile site can allow smartphone users to […] [Read More]

AutoNation watched in November new-vehicle sales figure soar 21 percent higher year-over-year as the dealer group reported Monday that it moved 18,692 units last month. Breaking down that total by its operating segments, AutoNation indicated its performance settled as follows: —5,922 for domestic, up 29 percent versus last November. —8,751 for import, up 10 percent […] [Read More]

General Motors will have new products on hand to debut at next month’s North American International Auto Show in Detroit, the automaker announced on Friday, while also revealing that one of these new model debuts will be the 2013 Cadillac ATS. When asked by Auto Remarketing, a GM spokesperson said the automaker will not be […] [Read More]

In a presentation expected to describe why sales are on the rise, AutoNation chairman and chief executive officer Mike Jackson is scheduled to deliver the keynote address at the annual luncheon of the Washington Area New Automobile Dealers Association. The event is set to begin at 11:30 a.m. on Wednesday at the Renaissance Mayflower Hotel […] [Read More]