Though the overwhelming majority of brands across the spectrum showed certified pre-owned growth, 2013 was an especially promising year in the CPO business for domestic automakers. The Big 3 grabbed an additional 2.3 points of CPO market share in 2013 and lifted their full-year certified sales by nearly 24 percent, according to preliminary industry results […] [Read More]

AutoNation’s chief financial officer Mike Short is leaving the company. The move was effective Tuesday, and the company has appointed Cheryl Scully, vice president and treasurer, as interim CFO, as the company searches for a new exec to fill the position. Mike Short said, "I've enjoyed my seven years at AutoNation, and I am proud […] [Read More]

After years of post-recession lows, the Canadian automotive market reached a new record in 2013, according to analysis from the Canadian Automotive Dealers Association released this week. A whopping 1.74 million new cars were sold in Canada last year, up 4 percent from 2012 sales. This also marks only the second time ever the retail […] [Read More]

Hyundai Auto Canada Corp. announced its choice for its very first chief operating office, hiring an industry veteran for the job. Donald Romano brings over 29 years of experience in the automotive industry to the role of COO. The company explained the newly-created position of COO “underlines Hyundai Auto Canada's recent growth in the market […] [Read More]

Wholesale prices ended the year down about 2 percent, but they were still historically high due to several market dynamics, including robust retail demand, prudent use of incentives and a greater focus on the certified pre-owned market.   That’s according to analysis released today from Manheim, which said 2013 used-car values were much higher than […] [Read More]

Mazda North American Operations has entered a preferred provider agreement with Maritz Dealer Solutions under which its U.S. dealers will be equipped with a Maritz program called Opportunity Max that is designed to boost digital marketing and lead management. Maritz will start off by working with about 100 Mazda dealers throughout five regions and aiding […] [Read More]

As December and full-year 2013 certified pre-owned results came in, it’s evident that while European automakers saw CPO sales rise consistently throughout this past year, Japanese brands were feeling the sting of tight used supply. One European brand even notched its best year ever for CPO. After selling 264 vehicles in December, Audi Canada recorded […] [Read More]

With more than 55 workshop topics, 159 workshop sessions and seven different tracks, the NADA Convention is bound to have something of relevance for every dealer. This year’s workshops are brought to you by NADA University, the educational arm of NADA. Barbara Roos, manager of workshops and webinars at NADA University, explained the seven workshop […] [Read More]

Nissan announced Tuesday its new vice president of sales for the U.S. Chosen for the position is Derrick Hatami, effective Jan. 13. Hatami will report to Fred Diaz, senior vice president, sales and marketing and parts and service U.S.A. In his new role, Hatami will lead the Nissan division team with the sales operations, vehicle […] [Read More]

Why are some shoppers dead set on a particular brand, while others can be swayed be a variety of factors including price, fuel efficiency and looks? According to Kelley Blue Book, it might have something to do with where these shoppers call home. KBB announced results of research that focused on the most and least […] [Read More]