Manheim Toronto Auto Auction revealed this week it has chosen a new specialty manager who will be responsible for account  management of the facility’s truck, equipment and highline sales for new and existing customers. Tapped for the position is Cindy McCrystal, who has over 20 years of experience in the automotive industry. [Read More]

This week, ADESA Canada is recognizing a milestone with long-time partner Ford. The two companies are celebrating 35 years of partnership. In commenting on the years spent with Ford, ADESA Canada execs cited the OEMs great products and standards as reasons to stop and recognize what has been a beneficial partnership for both parties. [Read More]

Dealers in the market for  large pickups to stock their lots may want to consider looking for sourcing outside of the auction. Following a recent spring trend, auction prices for large pickups are expected to increase again this week, NADA Used Car Guide predicts. This segment is expected to continue inching upwards, rising by 0.2 […] [Read More]

It has long been forecasted that a dramatic increase in off-lease volumes would occur this year, offering used-car dealers a big boost in used-car inventory. Now, at the halfway point of 2013, are those predictions coming to fruition? To answer that question, Auto Remarketing takes a look at what some of the top analysts have […] [Read More]

As summer travel season gets under way, including the family road trip, dealers may want to push affordable SUVs — and new SUV rankings by Kelley Blue Book could help that sales initiative. KBB.com released its inaugural listing of experts’ recommendations this week, as the 10 Best SUVs Under $25,000 in 2013. Coming in on […] [Read More]

Opposing legislation that NADA contends would add new penalties, inspections and reporting requirements for franchised dealers, the organization’s president Peter Welch testified Tuesday before a Senate consumer protection subcommittee on S. 921, a bill concerning rental car recalls. If this bill passes, a rental vehicle would have to be put “out of service” if the […] [Read More]

For years now you’ve heard everywhere that you can’t measure Social Media ROI (return on investment). I’m not sure if it’s been an excuse to discount Social Media’s value or a fear of adapting to a new marketing model. Perhaps a little bit of both. Marketing Charts recently outlined on a new report by the Platt […] [Read More]

For the second year in a row, Ford Motor Co. has announced it will increase capacity to meet strong demand for its products on dealership lots. The increase will come in the form of an additional 200,000 units of annual straight-time capacity this year, along with production of an extra 40,000 units by idling select […] [Read More]

Earlier this week, the nation was shocked by the destruction that tornadoes wreaked upon Oklahoma. And the automotive industry is wasting no time in comnig to the aid of victims of the storms. The GM Foundation is pledging $50,000, and Chevrolet is donating a 2013 Chevy Silverado to nonprofit Forgotten Harvest to assist with the […] [Read More]

Dealers are used to seeing an uptick in auction prices come spring, but this year, prices stayed relatively flat. Why? Kelley Blue Book’s Alec Gutierrez said this flatness can be attributed to “mild fuel prices and increased supply.” In fact, wholesale values increased only 2 percent in the first quarter, said Gutierrez, who is the […] [Read More]