Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} LAKE SUCCESS, N.Y. — Recent automotive retail growth is among the factors cited by […] [Read More]

Normal 0 false false false EN-US X-NONE X-NONE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:””; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:”Calibri”,”sans-serif”; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:”Times New Roman”; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} IRVINE, Calif. — Robert Riedl remembers the days both when Consumer Portfolio Services bought […] [Read More]

TD Auto Finance has rolled out a vehicle return program this week in Canada that may offer a bit more peace-of-mind when a customer steps on a dealer’s lot. In essence, TD Auto Loan Protection lends a financial hand if a Canadian consumer were to go through a life-changing event like losing their job or […] [Read More]

It was announced earlier this week that Porsche Cars Canada Ltd. is now a member of the International Automotive Remarketers Alliance. As many may know, IARA is a nonprofit organization of remarketing professionals founded in 2001 whose mission is “the continuous improvement of the vehicle remarketing industry.” With the addition of Porsche Cars Canada, the […] [Read More]

Average gross profits for Canadian dealers during May were down both year-over-year and month-over-month on both used- and new-vehicle sales, according to data provided by J.D. Power and Associates’ Canadian Automotive Practice. But that might not be the only profit-related challenge facing dealers these days. Some misconceptions among consumers about what dealers are actually making […] [Read More]

Though compact car segment wholesale prices are expected to fall slightly this week, it seems the dramatic decline brought on in part by declining gas prices may be slowing down. According to NADA Used Car Guide, though the prices for this segment are still predicted to decline the most of any of any segment (2.1 […] [Read More]

It may be time for consumers who have held onto their vehicles since the 2008 recession, waiting for the economy to bounce back, to hit the lots for a new unit. Experian Automotive reported that there are more than 245 million vehicles on U.S. roads, and that the age of vehicles increased when compared to […] [Read More]

The auction values of late-model used vehicles are down about 4 percent year-over-year, Kelley Blue Book’s Alec Gutierrez told Auto Remarketing on Wednesday afternoon, also pointing out that this marks the first time since 2009 that a softening has occurred. Lower prices in the used market come in the wake of softer new-vehicle prices and […] [Read More]

In what should be good news for used-car managers looking for luxury models down the road, NADA Used Car Guide contends that lease penetration for high-end models is back to pre-recession levels. Analysts indicated that the lease rate for luxury units hit 45 percent in 2011, and the rate stood at 44 percent through the […] [Read More]

On Wednesday, the National Automobile Dealers Association welcomed the Obama administration’s continuing review of the proposed model year 2017–2025 fuel economy rules. As White House personnel held discussions with automakers, environmentalists and government officials, NADA articulated issues the association believes have to be raised during the summit called, “Advanced Vehicles, Driving Growth.” NADA asked a […] [Read More]