Serpa BMW, a Newmarket, Ontario, dealership,  is now officially a designated BMW “M-Certified Center of excellence.” The automaker’s recognition was effective on the first of the new year. "M Series vehicles have been featured since Serpa BMW took over the dealership in April 2012, but this new designation is something special, based on our success with the […] [Read More]

The Ontario Motor Vehicle Council announced Thursday that a Mississauga used-car dealer has been fined for breaching disclosure requirements. Emmanuel Ntiri, operating as Edlavi Motors, has been fined $7,000 for breaching OMVIC’s Code of Ethics, the organization said in its statement. Edlavi Motors was charged with failing to disclose accident damage repairs greater than $3,000, contrary […] [Read More]

Canada’s most sought after vehicles of 2014 were all over the map – both literally and metaphorically. The top 10 vehicles for the year, provided by autoTRADER.ca, run the gamut of variety, ranging from rides for those city-dwelling, economy-minded consumers, to those with serious performance in mind, both on the road and off. Following is […] [Read More]

KAR Auction Services announced Wednesday afternoon that it has formed a new Digital Services Group that will be led by Peter Kelly, currently the chief technology officer for KAR. The company said that, among other assets from KAR’s portfolio, the Digital Services Group will combine several businesses and brands, including OPENLANE, CarsArrive Network, and Recovery […] [Read More]

Almost exactly nine months after a Mississippi tornado swept through its property and delivered a mighty punch, Mid-South Auction — which is part of the XLerate Group — is reopening its auction arena and debuting updated facilities on Jan. 27, while also introducing a new general manager. Among the new amenities to the arena are […] [Read More]

The New England Acura Dealers Association (NEADA) will be extending its support for Boston Children's Hospital an additional two years to bring its total pledge to $1 million. The extension follows the NEADA's initial two-year, $500,000 commitment back in late 2012. A portion of the proceeds of every Acura sold at each of NEADA’s seven […] [Read More]

The fact that lease penetration rates have pushed towards the 30-percent range in recent months is “one of the key drivers” to such strong new-car sales, Kelley Blue Book senior analyst Alec Gutierrez said in a conference call with the media on Monday. But what are consequences of such sky-high leasing rates, coupled with the […] [Read More]

As we inch closer to tax season and the positive price movement and sales jumps that normally come with it, depreciation in the lanes continues to ease. Black Book data showed December saw a continued lowering in monthly depreciation, and overall, the company asserts that vehicle prices remained resilient throughout 2014 — better than expected, in […] [Read More]

There are a lot of local options for lunch, but I only go to the sandwich shop with the longest lines. If you know me at all, this makes no sense. I’m the kinda guy who hates waiting! So why do I keep choosing this particular shop? Because it’s the only one that offers a […] [Read More]

Black Book is ramping up it dealer services team with the promotion of Adam Mann. Mann, national sales director since 2013, has been named vice president of dealer services for the Black Book Activator Division. In his new role, Mann will be responsible for leading a team of U.S. sales professionals and executing business development […] [Read More]