OMVIC announced it has cracked down on a Toronto-area group for curbsiding and doled out fine of over $54,000. Ontario’s vehicle sales regulator charged 2141212 Ontario Corp., operating as Monterey Auto Repair — as well as individuals Amilcar Luis Monte Rey Nunez, Anibal Salomon Monte Rey Rios, Sergio Ruben Monte Rey Nunez, Bianca Daniela Lopez and […] [Read More]

On Sunday, DriveTime is hosting 48 running events across the country during its first DriveTime Kids in Need 5K Fun Run. Officials shared recent estimates that indicate nearly 20 percent of Americans face the burden of unpaid medical bills. Recognizing this need, especially among families with children, each DriveTime dealership and operations center will raise […] [Read More]

There was a phrase to describe the status of Q auto — used by an investment analyst during Wednesday’s quarterly earnings call — that Asbury Automotive Group chief executive Craig Monaghan seemed to like. In the Q&A portion of the call, Rick Nelson of Stephens Inc. asked whether Asbury’s plan was to “nurture these three […] [Read More]

Another high-ranking federal regulator tried to tie together what’s happening in vehicle financing nowadays to the mortgage-connected developments that created the Great Recession nearly a decade ago. Comptroller of the Currency Thomas Curry gave a speech to the Exchequer Club on Wednesday focusing on credit risk. When Curry got to the auto financing market, he […] [Read More]

Toyota announced this week a recall for issues with the driver’s side power window master switch in certain models, impacting 2 million vehicles in the U.S. And the safety recall affects  6.5 million Toyota vehicles worldwide. In impacted vehicles, the power window master switch may have been manufactured with insufficient lubricant grease. “If sufficient grease […] [Read More]

Matt Hale is the e-commerce specialist at Wolfe Langley Subaru, part of the Wolfe Auto Group in Surry, B.C. He may have only been in the business of selling cars for a little over two years, but he has certainly already made his mark. In fact, after over 20 years in the hospitality industry, Hale […] [Read More]

Toyota Canada Inc. announced a new safety recall this week for issues with the driver’s side power window master switch in certain vehicles. In impacted vehicles, the power window master switch may have been manufactured with insufficient lubricant grease. “If sufficient grease is not applied, under certain conditions the switch may develop a short circuit […] [Read More]

Assurant Solutions announced this fall that it has expanded its vehicle service capabilities via the acquisition of Coast To Coast Dealer Services, a Canadian auto-service contract company. Coast To Coast, founded in 1990 and headquartered in Hamilton, Ontario, is best known for providing service contracts for used vehicles, along with new-vehicle contracting and ancillary auto […] [Read More]

When you have to recondition a vehicle for your certified pre-owned inventory, what are your best practices? How many cars should you certify in the first place? What do you expect to get out of CPO, and what is your commitment to the program? Some dealers struggle with getting store-wide buy-in to CPO; what strategies […] [Read More]

Asbury Automotive Group sold more than 21,000 used cars last quarter and it has generated more than $1.3 billion in used retail revenues this year. But what about its same-store results? Gross profits? Gross margins? We’ve got a rundown below that gives a better glimpse of how the public retailer performed in the third quarter […] [Read More]