Record new-vehicle sales are boosting Canadian automaker’s performances. But that might not be the case for long. The Conference Board of Canada warned in a report that Canadian auto exports could be at risk under North American Free Trade Agreement (NAFTA) renegotiations. The report, Canada’s Motor Vehicle Manufacturing Industry: Industrial Outlook, explains potential changes in rules […] [Read More]

Amid changing car ownership models, autonomous vehicles, digital retailing and other innovations, there’s another area of automotive that’s perhaps ripe for disruption: the leasing process. Including, but not limited to, the used-car side of that business. Fair, for instance, is an app that provides used-car leasing to consumers on a flexible basis, and launched last […] [Read More]

It’s probably been a topic mentioned during sales staff meetings and around the coffee pot at franchised dealerships — stair-step programs sometimes leveraged by automakers to incentivize stores to get new metal rolled over the curb. Current National Automobile Dealers Association chairman Mark Scarpelli took on the subject this week within a test drive of […] [Read More]

Fastlane announced it has chosen Market Scan to be the company’s financial data supplier. Market Scan will provide the company with both real-time payment and rebate information tracked from car manufacturers, banks and credit unions. Fastlane offers dealers both an Amazon-like checkout process and a customized car-buying experience tailored to each dealer’s individual branding, messaging […] [Read More]

Car Keys Express announced Wednesday that the company is extending its service by offering consumers on-site, instant automotive key replacement via an Uber-inspired webpage where users can choose from one of three service levels. The levels of service include the following three options: Priority— receive same-day service with ability to further upgrade to "Custom Critical" […] [Read More]

J.D. Power chief executive officer and president Finbarr O’Neill will retire in March, the company announced Wednesday. In a news release, the company said O’Neill will stay on during the transition process when the new CEO takes the helm. Following that transition, he will be a senior adviser for J.D. Power. O’Neill has been with J.D. […] [Read More]

NIADA announced Tuesday that Spireon will contribute $100,000 to the NIADA Foundation's Disaster Relief Fund to help members of the automotive community recover from hurricanes Harvey and Irma. The association said Spireon chose to give to the NIADA Foundation Disaster Relief Fund because it was the quickest way to contribute to the customers and the […] [Read More]

Albuquerque is Carvana’s latest new market, the company announced Wednesday. Residents within 100 miles of the Albuquerque metro area can now shop the company’s around 7,000 vehicles online and get their car delivered, free as soon as the next day. “As the largest metro area in the state, Albuquerque gives us a great population to […] [Read More]

Experian Automotive reported that credit unions held a 20.3-percent market share of all auto financing during the second quarter, up from 18.7 percent a year earlier. GrooveCar is looking to help credit unions boost the figure even more during this quarter through what the company is calling its Ultimate Year-End Auto Sales Event. Beginning on Oct. 20 […] [Read More]

This week, F&I Express welcomed Crystal Fusion Technologies to its network of aftermarket providers, which now total more than 140 companies. Crystal Fusion manufactures Ultra-Hydrophobic coatings for windshields to enhance visibility in bad weather and strengthen the glass. Crystal Fusion also offers a windshield warranty and a unique retention program that has been successfully implemented […] [Read More]