Wholesale

MENLO PARK, Calif. — A slight drop in Canada's wholesale prices during the early part of December evolved into the sharpest decline in two years, according to the latest OPENLANE Market Index Report. The December index reading finished at 111, a 15-point plunge from the figure calculated for November. The swing also surpassed the drop OPENLANE […] [Read More]

MISSISSAUGA, Ontario — Manheim Canada recently introduced a new online sales event that can offer its customers expanded opportunities to buy and sell wholesale units. M'OVE It Fridays is a weekly event in a bid-only, short-window sale format. It is held each Friday from 10 a.m. (EST) to 2 p.m., and all of the vehicles listed have […] [Read More]

DETROIT — On Wednesday, General Motors named a new executive director for fleet and commercial operations, who will also head up pre-owned and remarketing operations, as well as assume responsibility for the International Product Center. Taking on this position, effective immediately, is Brian Small. Small most recently served as general director for GMNA order fulfillment and global […] [Read More]

CINCINNATI — Swapalease.com, a leading online lease transfer site, on Wednesday discussed not only how much activity increased last year but also the specific vehicles consumers sought most. Site officials indicated three times as many consumers used Swapalease.com to get out of a vehicle lease in 2009 as compared to the previous year. They went on […] [Read More]

HERNDON, Va. — No matter the football teams matching up in Super Bowl XLIV, Volkwagen will have a spot in the lineup during one of the most-watched television events of the year. VW plans to use the opportunity to roll out an extensive marketing campaign.  This will mark the first time in nine years the automaker […] [Read More]

OAKBROOK, Ill. — Dale Pollak, founder and chairman of vAuto, recently released his second book, Velocity 2.0: Paint, Pixels & Profitability, which offers dealers ROI-based management metrics and processes that they can use to boost the efficiency and profitability of their used-car operations. The new book continues from where his first book, Velocity: From the Front Line […] [Read More]

WASHINGTON, D.C. — Dealers who want to use Facebook as a way to push their inventory listings and more on the ever-growing Web site now have that opportunity thanks to an industry-first solution developed by GOSO, a Web and social media marketing suite. GOSO coordinated with a Minnesota dealership on an early version of this new application […] [Read More]

MISSISSAUGA, Ontario — Manheim Canada issued a nationwide stamp of approval for the Ontario Motor Vehicle Dealers Act this week, saying that it will support its auctions throughout the country complying with the regulations regardless of whether they are in the province or not. As such, Manheim Canada has amended its National Arbitration policy so that […] [Read More]

TORONTO, Ontario — RouteOne Canada recently announced that Mazda Canada has elected to use the RouteOne platform as the exclusive source for its dealers to access the automaker's retail financing programs. "Our partnership with RouteOne Canada strengthens our ability to manage our financing programs to deliver competitive incentives to our dealers and customers," shared Mike Collinson, […] [Read More]

TORONTO, Ontario — The Ontario Motor Vehicle Industry Council sent out a warning late last month notifying consumers of a dealership in the province that had its registration revoked for alleged deceptive practices. OMVIC said that it took away the registration of Prestige Toys Ltd., as of Dec. 14 for apparently misleading customers about the histories […] [Read More]