Canadian auto sales have enjoyed record sales the past few years — but it looks like those numbers may have topped out in 2017. That’s according to recent Canadian Black Book poll research that shows 51 percent of Canadian automotive consumers are expected to purchase a vehicle over the next two years. But apparently the […] [Read More]

FCA US announced Tuesday that it has awarded 468 Chrysler, Jeep, Dodge, Ram and FIAT dealerships with Customer First Award for Excellence designations this year. The winning group of dealerships achieved the highest level of customer experience recognition in the program's five core areas: people, facility, processes, customer performance metrics and training certification. “The fact […] [Read More]

James Bond has “Q” for intelligence gadgetry.   TradeRev, as it turns out, has “H.” The online dealer-to-dealer auction platform said Monday it will launch H — a suite of artificial intelligence capabilities— at the NADA Show 2018 in Las Vegas later this week. “TradeRev continues to push the boundaries of cloud computing to deliver a […] [Read More]

LotLinx announced Tuesday that managing partner of motormindz Jim O'Sullivan will join the company's board of directors. "Jim has been instrumental in helping a range of companies, from major automakers to smaller startups. His diverse background, unique insight and seasoned leadership will benefit us and our mission to help dealers find long-term success," LotLinx founder […] [Read More]

Spring is here, and so are fresh sales for certified pre-owned vehicles. Autotrader has come out with its latest list of top deals that shoppers can jump on throughout March. The list includes Volvo’s CPO program, which offers qualified buyers interested in 2015 S60 models zero-percent interest for up to 24 months this month. “With the […] [Read More]

Automakers shared their certified pre-owned sales results with Auto Remarketing Canada for February, and below is a rundown of how auto brands are faring through two months of the year.  Starting with Audi, the automaker increased CPO sales by 29.4 percent year-over-year, moving 612 units in February. It has lifted year-to-date sales by 37.1 percent, selling […] [Read More]

Continuing the Cherokee Media Group series of award programs that honor the most dedicated and talented professionals from throughout the used-car industry, company leaders on Tuesday proudly announced a new addition: Women in Auto Finance. This contingent of women who provide crucial guidance and results throughout the auto finance space will be highlighted in the […] [Read More]

The used-car industry is seeing some easing in the volumes of late-model vehicles at auction, according to the latest Guidelines report from J.D. Power Valuation Services. Through two months of the year, late-model auction volume is down 5.8 percent, the report said. In February alone, it was down 11.5 percent year-over-year. Last month’s late-model volume […] [Read More]

February wholesale prices didn’t hold up quite as much as the analyst team at J.D. Power Valuation Services expected. But the group thinks March performance will fall in line with what the firm typically has seen during the third month of a year. According to the latest installment of Guidelines, March wholesale prices for vehicles […] [Read More]

Kerrigan Advisors identified a trio of reasons why the dealership buy/sell market surpassed 200 transactions for the fourth consecutive year in 2017. According to the firm’s latest Blue Sky Report released on Monday, the factors driving market activity included dealership consolidation, profitability, and the growing number of sellers coming to market. Kerrigan Advisors determined many […] [Read More]