Last month was the best August ever for new-car sales in Canada and a 7-percent improvement over year-ago figures, according to Scotiabank. Pickup truck sales were particularly strong during the month, and they’ve had an especially stout performance this year in Alberta, the company said in an Auto News Flash released Tuesday. Scotiabank said there […] [Read More]

Canadian Black Book recently announced that its 20th annual Charity Golf Tournament on Sept. 11 has been sold out. On Monday, 144 participants will golf at Stouffville’s exclusive Granite Golf Club, where only two outside tournaments are permitted each year. All of the tournament’s proceeds will go to Tim Horton Children’s Foundation. In two decades, the […] [Read More]

In a tweet, my friend and colleague Mor said it best: “Living in the future is neat!” She was responding to the news in late August that online auto retailer Carvana had opened a vehicle vending machine in Raleigh, N.C. — its sixth overall and one that happens to be less than 16 miles from […] [Read More]

More money is flowing into companies that cater to alternative forms of vehicle use; this time with plenty of European and Asian involvement. Peer-to-peer car sharing marketplace Turo said this week it has raised $92 million in Series D funding. Daimler and SK Holdings — one of South Korea's largest conglomerates — led the round, […] [Read More]

With Hurricane Irma remaining a dangerous storm, Manheim regional vice president for the Southeast Mark Ford shared an update on Wednesday afternoon regarding how the company plans to handle the storm projected to impact Florida as early as Friday. Ford indicated the following Manheim locations in Florida will be closed on Friday, including: Manheim Fort […] [Read More]

Mercedes-Benz and global music and entertainment platform, TIDAL have partnered to provide Mercedes drivers who connect their car to the brand's me Portal with access to complimentary TIDAL HiFi membership. By next year, Mercedes drivers will be able to stream TIDAl’s more than 50 million songs, over 185,000 music videos and special Mercedes-Benz playlists at no […] [Read More]

Entrepreneur and former auction industry executive Steve Simon has joined the board of directors at CARS Recon, the company announced this week. Simon was the founder and chief executive officer of the American Auto Auction Group, which was established in 2010 and then rebranded to XLerate Group in 2014. Simon, who retired in 2012, was […] [Read More]

As August closed and the quality of vehicles in the lanes deteriorated a bit, the new Black Book Market Insights report showed vehicle values didn’t soften quite as much as they had earlier in the month. Beginning with volume-weighted car data, editors determined that overall car segment values declined by 0.36 percent last week. In […] [Read More]

Carvana has expanded its footprint coast to coast with the recent launch of its new Los Angeles market — the company’s first in California. The online used-vehicle retailer announced Wednesday that L.A. metro area residents can now browse Carvana.com to finance, purchase and trade in old vehicles. “Our goal has always been to give as […] [Read More]

If Richard Cordray wanted to make a triumphant announcement that he was running for governor in Ohio, the Consumer Financial Protection Bureau director passed on the opportunity when he gave a speech on Monday during the Cincinnati AFL-CIO Labor Day Picnic. The prepared remarks Cordray shared didn’t hint at gubernatorial aspirations in the Buckeye State, […] [Read More]