The 2013 Auto Remarketing Canada Conference, presented by CarProof, offers attendees something new this year: the opportunity to honor outstanding members of the industry. This year, conference organizers will present the Auto Remarketing Canada Dealer of the Year Award, presented by CarProof; and the Auto Remarketing Canada Remarketer of the Year Award, presented by IARA, […] [Read More]

With wholesale prices said to have peaked last month, auction prices are expected to soften slightly this week, NADA Used Car Guide reported. Analysts are predicting prices will decline by 0.2 percent, or $25, relative to the two-week average, starting what is expected to be a downward trend through May. NADA is anticipating that used-vehicle […] [Read More]

The next free Market Intelligence Webinar from POADA is focusing on a top-of-mind subject for dealers nowadays: compliance. POADA is hosting 700Credit — a leading provider of credit reporting and compliance products and services — for this free webinar, which is set for next Thursday at 2 p.m. EDT. This informational, data-driven webinar with 700Credit […] [Read More]

In an effort to satisfy demand on the lots, which cars and trucks are dealers looking for in the lanes this spring?  Black Book tracked the most in-demand used car and truck segments this spring season, and found that dealers are buying up vehicles at a rapid rate in three particular segments. [Read More]

McLaren Automotive has officially joined the certified pre-owned fray. Calling it “McLaren Qualified,” the British manufacturer of high-performance luxury sports cars has rolled out its bespoke pre-owned car program. Announced last week, the company said in a press release that McLaren Qualified is the first approved program for pre-owned McLaren models. This news follows the […] [Read More]

Along with its selections as the Top 10 models for teen drivers, USAA unveiled its third annual best value vehicles list naming the top 2013 models that offer affordability, safety and reliability. USAA’s 2013 Best Value list includes three Dodge models. Neither a large luxury SUV nor a small pickup met the USAA Preferred requirements. […] [Read More]

A unique and rather historic roadster will be featured on the auction block next week at ADESA Phoenix. The auction’s Luxury Lane sale on Wednesday will include a bank-owned 1954 Jaguar XK120 Roadster. ADESA said this car is a rare factory two-seat roadster. It features an upgraded, high performance powertrain, as it was built for […] [Read More]

Honda Canada recently announced it will voluntarily recall select Acura and Honda vehicles for a passenger airbag issue. The company said approximately 11,043 Acura 1.7 EL vehicles and roughly 80,854 Honda Civic vehicles from the 2001–2003 model years; an estimated 6,140 CR-V vehicles from the 2002–2003 model years; and approximately 9,749 Odyssey vehicles from the […] [Read More]

Dealers may be enjoying a downtrend in wholesale prices in the near future, as NADA Used Car Guide says prices in the lanes for used cars and light trucks reached their “annual peak” in March. In the April edition of its Guidelines report, NADA UCG reported that prices for used vehicles up to  eigth years […] [Read More]

Depreciation costs on the average sedan have climbed just modestly this year, according to the latest “Your Driving Costs” study released by AAA, which said this uptick may actually stem from the new-vehicle sales improvements. [Read More]