MISSISSAUGA, Ontario — Chrysler Financial recently announced its 2009 Platinum Pentastar Award Winners to honor the Canadian auctions that had the top performances this past year in its Canadian Auction Scorecard program, which was introduced in early 2008. The winners were determined based on which auctions — divided into Tier I and Tier II facilities — had […] [Read More]

MISSISSAUGA, Ontario — January marked the fourth straight month of sequential declines for the ADESA Canada Used Vehicle Price Index, as the anticipated seasonal upswing in values never came to fruition. Resale prices were pushed downward by dealers' excess inventory of both new and used vehicles, officials pointed out. Specifically, ADESA's data — powered by ALG Canada — indicated […] [Read More]

TORONTO, Ontario — The Automobile Journalists Association of Canada announced the winners in its 2010 Canadian Car of the Year program Thursday at the Canadian International Auto Show in Toronto. Taking the spot as Canadian Car of the Year was the Volkswagen Golf GTI, while the Canadian Utility Vehicle of the Year award went to […] [Read More]

CARY, N.C. — Cherokee Automotive Group, publishers of the Auto Remarketing and SubPrime Auto Finance News media brands, conferences and owner of the Pre-Owned Auto Dealers Alliance, has announced the latest in its series of automotive industry events: The Automotive Economic Forecast & Financial Forum,  to be held May 10-11, 2010 in Chicago. The event is […] [Read More]

DELRAY BEACH, Fla. — Thanks to a recent partnership, dealers using DMV Nationwide, a Web site that lets dealers calculate taxes and fees for all 50 states, can now access Carfax Vehicle History Reports while simultaneously utilizing DMV Nationwide's services. In other words, dealers can log into www.dmvnationwide.com and run a Vehicle History Report on a […] [Read More]

CALABASAS, Calif. — Dealers looking for a free application to enhance their presence and post inventory listings on Facebook now can choose the one released Wednesday by Gumiyo, a provider of mobile marketing solutions. Gumiyo executives said that their MyShowroom Facebook application can be coordinated with the offerings from other dealer solution providers and media companies. […] [Read More]

TORRANCE, Calif. — In the first month of the New Year, certified pre-owned vehicle sales showed a significant slowdown from the record-breaking numbers of January 2009, but there remained some bright spots in the market. Specifically, CPO sales reached 109,554 units in January, according to Autodata Corp. statistics. This marked a 22.2-percent decrease from the year-ago […] [Read More]

SANTA MONICA, Calif. — Analysts from TrueCar.com found significant gains in consumer consideration for a quartet of brands in the wake of recent Toyota recalls. However, they learned the average pricing trends remained mixed. The four brands that gained traction against Toyota, according to TrueCar.com, included Honda, Ford, Hyundai and Kia. "Toyota has taken a real […] [Read More]

ATLANTA and CENTREVILLE, Va. — Contact At Once and Carfax announced a partnership on Wednesday that's intended to make dealer-purchased Carfax Vehicle History Reports available when consumers chat online with dealer personnel. Dealers who use the Contact At Once online chat solution now can determine if a vehicle being discussed has a Carfax Report. A link […] [Read More]

ACTON, Mass. — WheelsTV unveiled its inaugural Pre-Owned Vehicle of the Year Award, and taking the honors was the seventh-generation Honda Accord (2003-2007). Officials praised the model-year 2003 to 2007 Accord for its "peppy" response, strong fuel economy and for receiving "virtually no major consumer complaints." The model was also lauded for its smooth ride and top […] [Read More]