While touching on several elements of the nation’s economic standing, ALG took a deeper look at Canada’s housing market because the firm strongly believes home price growth can have a significant impact on residual values. In fact, ALG determined a change in housing prices over a 48-month term can contribute a 0.2-percent rise in average […] [Read More]

Ontario residents will soon be seeing a new advertising campaign highlighting the dangers and consequences of distracted driving, thanks to the joint efforts of the Trillium Automobile Dealers Association and the Ontario Provincial Police Association. Officials insisted these “hard-hitting and thought-provoking” messages come at a time when the attention of many drivers is torn between […] [Read More]

Impact Auto Auctions revealed when its new Impact Toronto facility will open as well as when sales will begin. Officials plan to open the new operation and start to take assignments on Tuesday with sales commencing in mid-November. They indicated auction sale dates will be announced in the near future. Impact Toronto is located at […] [Read More]

A former sheriff and powerlifting champion, Frank Hackett has led National Auto Auction Association as its chief executive for the past eight years. Auto Remarketing recently chatted with Hackett about his journey to the remarketing business and all the interesting stops along the way. [Read More]

Wheels, Inc. announced its Auction Performance Awards on Wednesday, recognizing the auction locations that had the strongest sales performance results for the company's clients during the past year. The company also spotlighted those that made the greatest improvements. “Delivering strong resale proceeds and an overall positive remarketing experience for our clients would not be possible […] [Read More]

If used-car managers currently are looking for vehicles that have some hauling capacity — specifically large SUVs and pickups as well as midsize vans — they might be able to find some less expensive units based on the latest wholesale price projections from NADA Used Car Guide. Analysts indicated the large SUV segment is once […] [Read More]

After starting to move vehicles down the lanes at its new Keystone State operation last month, Auction Broadcasting Co., is gearing up for ABC Lancaster Pennsylvania’s grand opening sale, which is scheduled for Wednesday beginning at 10 a.m. The company anticipates having more than 1,300 vehicles and more than $5,000 in giveaways, as well as […] [Read More]

The Re3 Conference, which focuses on repossession, recovery and remarketing, has expanded into one full day packed with content this year. And with a full day to explore a variety of topics, one key discussion that attendees do not want to miss will take place at 2 p.m. Titled “The Evolution, Revolution and Diversification of […] [Read More]

When Black Book reviewed last month’s overall wholesale price movements, editors found that import model values declined more than ones associated with domestic units. To be exact, editors noticed import used-vehicle values dropped by 1.8 percent compared with domestic models, which ticked down by 1.4 percent. Black Book indicated used imports are currently averaging $20,033, […] [Read More]

Used-car shoppers in the Lone Star State can now take part in the Ultimate Test Drive program. Avis Budget Group this week announced the expansion of its Ultimate Test Drive car sales initiative to potential car buyers in the state of Texas. In collaboration with AutoNation, the program offers consumers a wide selection of late-model […] [Read More]