Canadian customized lease management provider Jim Pattison Lease announced recently that it has bought the portfolio of Ontario-based Williamson Leasing. Calling Williamson Leasing a “service leader in the vehicle leasing market of Ontario for over 50 years,” officials said that Williamson employees Lisa Davis and James Fullerton will be brought on board the Jim Pattison […] [Read More]

During what was found to be a “mixed” month among various vehicle segments, the ADESA Canada Used Vehicle Price Index in April showed a modest month-over-month dip on a seasonally adjusted basis. More specifically, ADESA’s data — powered by ALG Canada — showed that the “index was down slightly from March” and indicated that wholesale […] [Read More]

Pushed in part by Canada’s new-vehicle sales kicking off 2012 with a bang, the country’s used-vehicle prices experienced a month-over-month dip in April,  according to analysis from the RVI Group. However, thanks to lower exchange rates and used supply trends, Canadian used values still increased more than 2 percent from a year ago, explained manager […] [Read More]

Sourcing enough used-vehicle supply to keep up with the burgeoning demand. It has arguably been the biggest challenge faced by dealers in the used-vehicle market for quite some time, but the light at the end of the tunnel might not be too far away, according to a recent white paper from the National Automobile Dealers […] [Read More]

As the social media site prepares to sell shares in an initial public offering this Friday, one OEM made an interesting move and shared its plans to pull its paid ads from Facebook, noting the exposure has “little impact on consumers’ car purchases." The automaker? General Motors, which told the Wall Street Journal this week […] [Read More]

The 2012 WheelsTV Pre-Owned Vehicle of the Year Award was presented recently, and for the second year in a row, top honors went to a domestic model. The 2007–10 Chevrolet Silverado drove to the top among six finalist categories to earn the this year’s recognition. The award was handed out last week at the New […] [Read More]

It was revealed to Auto Remarketing this week that Louisiana’s 1st Choice Auto Auction has promoted three management team members to new roles. Moving up to general manager from his auction manager position was Don Sistrunk, while Bridget Higginbotham was promoted from general sales manager to assistant general manager. The auction also promoted Matt Alombro […] [Read More]

To give its customers a little insight into its products as well as what’s in the cards for the future, Manheim hosted a two-day meeting earlier this month at the Ritz Carlton in Greensboro, Ga. The Client Advisory Board meeting, held on May 9–10, featured some of Manheim’s top executives, including Sandy Schwartz, president; Janet […] [Read More]

Car shoppers are increasingly turning to mobile technology to find local dealers’ vehicles, so it seems, as AutoTrader.com announced it just hit a major milestone for downloads of its mobile apps for iPhone and Android devices. Available for less than one year, combined original downloads of these apps, not including downloads of app updates, reached […] [Read More]

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