Last month was the best February ever for certified pre-owned sales, and one automaker reported its best month of all time (February or otherwise). Sharing final certified pre-owned sales numbers on Thursday morning, Autodata Corp. provided these statistics and an updated CPO figure.  The firm said there were 197,540 certified sales for the month, which […] [Read More]

Coming off what organizers hailed as a successful best-practices event this past January in Dallas, the National Alliance of Buy-Here, Pay-Here Dealers now is gearing up for its annual signature gathering. The 17th annual BHPH Conference has new sessions and what NABD is calling the largest exhibit hall at an industry event. NABD structured the […] [Read More]

In January, TRADER Corp. announced an agreement with Mobials, which allows dealership websites using the Mobials ReviewMii platform to include their customer reviews within the autoTRADER.ca marketplace. And ReviewMii officially launched on autoTRADER.ca this past Wednesday. The ReviewMii tool that Mobials offers allows dealers to display consumer reviews on the vehicle listings on autoTRADER.ca and […] [Read More]

Anyone who has read one of Dealertrack Technologies’ TradeTracker Used-Vehicle Market Reports in the last few months won’t be surprised by what they see, once again, on top of the appraisal charts. The Ford F-150 remains the top overall most-appraised vehicle in Canada for the month of February, followed once again by the Toyota Corolla, […] [Read More]

There are a few different ways to look at the increase in off-lease volumes expected to hit the wholesale market in 2015 and in years to come. One, of course, is the macro numbers. In a recent Perspective report, NADA Used Car Guide predicts this year will show another 20-percent rise in off-lease volumes, which are […] [Read More]

It may sound like a broken record that the discussion of automotive technicians has once again surfaced in one of the largest auto group’s quarterly conference calls. But Lithia Motors president and chief executive officer Bryan DeBoer touched on another interesting angle regarding how fuel prices affect the automotive industry — the service side. When […] [Read More]

The well of future certified pre-owned vehicle inventory is getting deeper because of how many new models are leaving showrooms as leased vehicles. Experian Automotive reported that leasing continued to gain traction in the fourth quarter as volume jumped 3.6 percent from a year earlier to reach nearly 30 percent of all new vehicles financed […] [Read More]

In auction news this week, ARI honored Louisiana’s 1st Choice Auto Auction as one of its leading providers, and Manheim announced it is once again sponsoring The Kyle Petty Charity Ride Across America to support Victory Junction — a camp created to enrich the lives of children with chronic or life-threatening illnesses. First up, for the […] [Read More]

CarStory announced on Tuesday its partnership with DealerInspire to integrate CarStory’s Market Reports into the DealerInspire’s website platform. “Today’s auto shoppers use 24 research touch points in their car-buying process,” said Chad Bockius, CarStory’s chief marketing officer. “Every time a consumer leaves a dealer website to find more information, it is a lost opportunity. Keeping […] [Read More]

Certified pre-owned sales in February beat year-ago figures by more than 10 percent, and the daily selling rate was just a hair away from being the best-ever, according to Autodata Corp. The firm estimates there were 197,499 CPO sales last month (based on brands reporting results as of Wednesday morning). This would be a 10.3-percent […] [Read More]