Year-to-date auction volume two-thirds of the way through 2013 remains ahead of year-ago levels by more than 5 percent, according to the National Auto Auction Association, which said August numbers, in particular, climbed more than 8 percent. In the latest Economic Dashboard released this week, auction volume in August was up 8.5 percent over comparable […] [Read More]

Based on the contention that nearly 80 percent of potential purchasers began their online vehicle shopping using a search engine, Trilogy developed a premium lead service for used vehicles based on what the company believes is already proven new-vehicle lead technology. Executives highlighted Trilogy SmartLeads is designed to provide high quality third-party leads for used […] [Read More]

POADA is hosting 700Credit, a provider of credit reporting and compliance products and services, for a free Market Intelligence Webinar titled, “Compliance Questions Answered.” Kenneth Hill, managing director of 700Credit, will be the presenter during the webinar that’s set for Wednesday at 2 p.m. ET. Hill noted three elements participants can expect to learn from […] [Read More]

Chrysler Group announced this week that it will recall an estimated 10,800 trucks — most of which are in dealer hands — to upgrade software that controls instrument-cluster illumination. The automaker explained in-plant quality-control personnel discovered instrument-cluster backlighting may function intermittently on certain vehicles. Regulatory compliance requires that information displays be clearly legible. “Vehicle performance […] [Read More]

CarProof Vehicle History Reports announced this week it has made a “first of its kind” data agreement for the company. Under the new agreement with Kia Canada, CarProof reports will now include open recall information Kia vehicles. Recall information on a specific Kia vehicle will now appear directly on the CarProof vehicle history report, the […] [Read More]

As September’s certified pre-owned results for Canada come rolling in, it's apparent this past month was a strong one, once again, for European automakers. And one relative newcomer to the CPO market had a stand-out performance, as well. Mazda Canada sold 405 certified units in September, continuing to show strength in its CPO program’s second […] [Read More]

According to the September Blue Book Market Report — Used Car Edition, Kelley Blue Book determined auction values for 1- to 3-year old models at the end of third quarter remained at a three-year high. Analysts pinpointed the average at $17,085, or $280 above the average at this juncture last year. Since the start of […] [Read More]

There were less shoppers looking for used cars last month, but industry-wide used-vehicle sales still managed to beat year-ago figures by nearly 4 percent, according to CNW Research, which also pointed out that dealers — as well as private sellers — were able to fetch higher transaction prices. Overall, CNW said there were 3.65 million […] [Read More]

Many dealers and buyers might have been wondering what has contributed to unusually strong price retention in the lanes for trucks. Since this past spring, the truck segments have continued to outperform smaller segments, with prices staying relatively flat or rising. Kelley Blue Book’s latest Blue Book Market Report shows that while values for used […] [Read More]

Three-fourths of 2013 are in the books, and it appears for many automakers that this year will be quite a success in the certified pre-owned market. A few OEM CPO programs have already shared their September sales results as well as offering a look at how 2013 is stacking up for certified through three quarters. […] [Read More]