DETROIT — Ally Financial said Thursday that 57 dealers have been selected as nominees for the 2014 TIME Dealer of the Year award, which recognizes the nation's most successful dealers who also demonstrate a long-standing commitment to community service. Now in its 45th year, the TIME Dealer of the Year award is recognized as one […] [Read More]

As Prime Minister Stephen Harper announced the Canadian government had reached a free trade agreement with the European Union late last week, many of Canada’s OEMs and manufacturers were already reacting positively to the move.  The government has said that, upon ratification, the Comprehensive Economic and Trade Agreement will work to ramp up trade and […] [Read More]

Welcome to the first installment of Auto Remarketing’s Digital Intelligence report. In this online series, we’ll explore the increasing presence of mobile devices in car-shopping, multi-screen shopping, car-shopping among Millennials, best digital advertising practices and more.  We begin the series with a look at mobile devices and examine just how popular and important they have […] [Read More]

Prices are expected to continue their seasonal slide in the lanes this week — that is all except for one segment. NADA Used Car Guide predicts that wholesale prices will fall by an average of 0.3 percent, or $50, with luxury cars bucking the trend. As the only segment expected to see a price increase this […] [Read More]

Fueled by across the board gains on the used-vehicle side, Lithia Motors on Wednesday reported the highest quarterly adjusted net income from continuing operations in company history. Lithia also enjoyed a 27-percent year-over-year increase in adjusted net income per share from continuing operations for the third quarter. Executives shared that Lithia’s Q3 adjusted income from […] [Read More]

Eight more auto models and six more years of partnership are the result of an announcement this week from Sirius XM Radio and American Honda Motor Co. Inc. The two companies are extending their collaborative relationship to January 2020, and plan to significantly increase the penetration of SiriusXM factory-installed technology in new Honda and Acura […] [Read More]

In his latest video in the online series, “Think Tank Tuesday,” Paul Potratz described a showroom scene managers likely know all too well. Salespeople are fretting “ups” are not coming in droves and inventory is aging by the minute. The chief operating officer and founder of Potratz Partners Advertising said he has a way to […] [Read More]

The National Highway Traffic Safety Administration said Nissan North America is recalling a total of 151,695 crossovers to correct a brake issue. The vehicles included in the campaign are: —2013 and 2014 Nissan Pathfinder manufactured April 18 of last year through Sept. 20. —2013 Infiniti JX35 manufactured from Sept. 15, 2011 through Jan. 16 of […] [Read More]

KCI Kansas City will celebrate its 35th anniversary on Nov. 7 by honoring employees and hosting a KCI Cares Charity Sale as its last promotional event of 2013.  "Our staff and customers are excited and looking forward to this event," said Doug Doll, KCI Kansas City president. "This is our last big event of the […] [Read More]

Amin Tejani, vice president of dealership operations at Weins Canada and Auto Remarketing Canada’s 2013 Dealer of the Year, cites Weins Canada’s rich history and heritage as a significant factor behind the success of the organization.   Weins Canada, formerly known as the  Don Valley North Automotive Group, was founded in October of 1973 with […] [Read More]