Volvo Canada’s certified pre-owned sales for June dipped slightly from the same month of 2011, but the automaker closed the first half of the year ahead more than 23 percent of the year-ago period and still expects to see double-digit full-year growth. Volvo was just one of several automakers reporting June CPO sales to Auto […] [Read More]

For the first time ever, Vincentric this week announced its Vincentric Best Fleet Value in Canada awards, analyzing cost of ownership. Topping the chart with seven vehicles named to the list is Ford. Other brands noted by Vincentric as having a cost-efficient fleet lineup include Chrysler, General Motors, Mercedes-Benz and Toyota, each winning five awards. […] [Read More]

img.imagefield.imagefield-field_image {float:right;} The winners of the accolades highlighting business excellence in Canada — the Consumer Choice Awards  — were recently revealed. And after conducting third-party market research of both the consumer and business community, the 2012 Top Service Providers in the transportation sector for the greater Toronto area — including local dealers — were chosen.  […] [Read More]

As gas prices increase for the first time in months this week, compact car wholesale prices have slowed their downward spiral and another segment is set to take the biggest rate cut in the lanes. According to NADA Used Car Guide, the midsize utility segment is expected to see the biggest drops over the course […] [Read More]

Brian Butts may have been destined for the auto business ever since the first words that came out of his mouth as a baby. What’s more, the lifelong “first love” of this born-and-bred Los Angeles man has four wheels. “My first love has always been cars,” said Butts, who was recently named manager of auto […] [Read More]

The teaming of two auction-related companies to offer online bidding on wholesale vehicles to not only dealers, but the general public was announced this week. On Wednesday, Coast to Coast Public Auto Auctions revealed its partnership with Proxibid, a move the companies say will allow consumers to shop for a wholesale vehicle via live and […] [Read More]

How best to deliver marketing messages to potential customers is almost always on the minds of dealers and brand managers alike. Questions including, “Which demographics should I try to reach?” and “What context should my commercial include?” are bound to come up in the office on a daily basis. With that in mind, brand strategy […] [Read More]

In what may spur some extra lot traffic for its dealers, Chrysler Group has launched its “No Payments for 90 Days” promotion as part of its annual Summer Clearance Event, which runs through the end of August. The 90-day payment deferment is good on the retail purchase of any new 2012 Chrysler, Jeep, Dodge, Ram […] [Read More]

Group 1 Automotive — which ranked No. 6 on Auto Remarketing’s list of The Top 125 Used-Car Dealer Groups —  announced Wednesday that its board of directors authorized a program to repurchase up to $50.0 million of the company’s common stock. The company emphasized purchases may be made from time to time, based on market […] [Read More]

Auto Remarketing learned Wednesday morning that vAuto has purchased Auction Genius and that initial product integrations between the two companies have started. Customers will be able to begin using elements of the integrated system this summer, officials noted, emphasizing that full integration and functionality will likely be ready by December. “This acquisition advances vAuto’s mission […] [Read More]