PENSACOLA, Fla., and WASHINGTON, D.C. — Following the destruction brought by Hurricane Isaac in the Southeast, Pen Air Federal Credit Union is collecting monetary donations for the relief efforts of the American Red Cross, which is deploying significant resources to the region. Officials indicated funds will be collected at all Pen Air FCU locations during […] [Read More]

The used-car days-to-turn rate in Canada climbed for the second straight month, according to the latest data provided by J.D. Power and Associates’ Canadian Automotive Practice. Following four consecutive months of declines, the rate settled at approximately 54 days to turn in May, before creeping up each of the last two months and reaching close […] [Read More]

North Toronto Auction and Ontario-based Apex Inspection Solutions have announced a strategic partnership where Apex will be the auction’s third-party inspection provider. As such, the company will provide NTA clients with enhanced vehicle inspection services. The partnership can lead to growth opportunities for NTA and Apex, officials said, "while informing and empowering the customer experience […] [Read More]

Manheim revealed earlier this week it has named a new general sales manager for operations in Canada. Tapped for the role is Ryan Stubbs, who in his new position will lead Manheim Canada’s field sales teams and strategies, partner with location staff to enhance customer service and develop stronger relationships with local dealers, officials noted. […] [Read More]

Overall, it looks like prices in the lanes will remain relatively flat over the course of this week, but interestingly, one pickup segment is set to see the biggest increase even as gas prices continue to rise. According to NADA Used Car Guide, the large pickup segment is positioned to see the biggest increases over […] [Read More]

Used-vehicle sales appear to be headed toward the 4-million-unit range this month, which would beat the figures from last August by more than 4 percent, according to TrueCar.com. Specifically, TrueCar is calling for 3.99 million used sales this month, which would be a 4.7-percent increase from a year ago. “It’s mostly an inventory-driven increase,” Jesse […] [Read More]

The benefits of buying a certified pre-owned vehicle might be numerous, but findings from AutoTrader.com have boiled down the reasons why, exactly, consumers consider CPO. Shoppers most often say it’s because of the peace of mind they get from the certification, the fact that it has a stronger warranty, or that they cannot afford to […] [Read More]

Though used-car prices are trending downward after landing at record highs due to low supply, rates are still high and some consumers are turning towards buying new. In light of this trend, Kbb.com offered a list of vehicles shoppers should consider buying new, since used prices for these units are sitting particularly close to this […] [Read More]

Only a signature from the governor stands in between a bill to significantly change how buy-here, pay-here dealers operate in California from becoming law. The state legislature on Tuesday approved Assembly Bill 1447, the measure that would require a written warranty among other mandates. Gov. Jerry Brown has until the end of September either to […] [Read More]

The key to the partnership between OEM and dealer is honest, open communication, and General Motors is working to improve relations with its 3,000 U.S. dealers. That’s the word from Alan Batey, GM’s U.S. sales chief, on the company’s desire to improve communications with dealers regarding its Essential Brand Elements program. Batey shared his thoughts […] [Read More]