Toyota Motor Sales, USA Inc. revealed Wednesday it will conduct a voluntary safety recall involving approximately 342,000 Toyota Tacoma Access Cab vehicles. The involved vehicles — produced from 2004 to 2011 — contain screws that attach the seat belt pre-tensioner to the seat belt retractor within the seat belt assembly for the driver and front […] [Read More]

“Half the money I spend on advertising is wasted; the trouble is I don’t know which half.” As much as those words still resonate in the automotive dealer community today, they were famously first spoken more than 130 years ago by John Wanamaker, considered the fathers of modern advertising.  In 1874, Wanamaker printed the first-ever, […] [Read More]

This September, Auto Remarketing Canada is introducing a new feature to recognize the remarketing industry’s top players. The fall Auto Remarketing Canada Digital Magazine will include the inaugural Auto Remarketing Canada Power 100. This special edition will list the most powerful companies within the remarketing and used-car industry in Canada. From auction companies to digital […] [Read More]

A bad customer review can spark fear in the hearts of most any business owner. And dealers have their own set of issues to navigate when trying to secure reviews from happy customers. Mobials Inc., a new mobile software development company which launched this week, aims to turn the tides and help put the control […] [Read More]

Record breaking numbers and double-digit sales increases — a summary of the results from brands announcing July’s certified pre-owned sales this month.   Reporting a best July ever for CPO sales, Volkswagen of Canada sold 1,291 certified vehicles, up from 1,236 sold during the same period of last year. “We are very pleased with the […] [Read More]

Nearly every single one of the roughly three dozen brands included in Autodata Corp.’s listing of certified pre-owned sales figures showed a year-over-year increase in their respective CPO numbers, including two that had their best-ever months. Both Kia (3,197 CPO sales, up 82.8-percent year-over-year) and Subaru, (3,275 certified sales, up 63.8 percent) achieved their strongest […] [Read More]

Auction officials are calling ABC Baton Rouge’s Grand Opening Sale a “major success.” At the July 18 sale, there was a conversion rate of 88 percent  for fleet and lease, with a dealer consignment sale conversion rate of 63 percent. Jason Hockett, president at Auction Broadcasting Co. president,  “The Grand Opening sale at ABC Baton […] [Read More]

In advance of this morning’s conference call with investment analysts, KAR Auction Services reported its second-quarter performance Tuesday, highlighting a 40-percent gain in net income among other increases. For the quarter that ended June 30, KAR generated $541.4 million in revenue, up 11 percent from $487.9 million posted in the second quarter of last year. […] [Read More]

In two recalls announced this week, Nissan will be pulling certain model-year 2014 Versa Note vehicles which make up over 13,000 units because of possible problems with bolts installed on various areas of the vehicles. First up, in an action that affects 7,782 units, the company will be recalling certain model-year 2014 Versa Note vehicles […] [Read More]

As Auto Remarketing prepares for its next “Spotlight on Commercial Consignors” as a part of its National Auto Auction Association Convention print issue, two of those operations — GE Capital Fleet Services and FLD — shared their newest achievements. On Tuesday, GE Capital Fleet Services announced a major milestone with the sale of its 100,000th […] [Read More]