SANTA MONICA, Calif. — As credit loosens, confidence in the economy improves and gas prices climb, consumers are heading back to the lots, according to the sales forecast from Edmunds.com.  As these factors drive rising auto sales, analysts contend that after "delaying purchases" over the last couple of years, shoppers will "march" back to the lots, […] [Read More]

More than 300 people have already signed up for the 2012 Auto Remarking Canada Conference presented by CarProof and dealers are looking to be well represented again this year, making up nearly half of registered attendees thus far. But for dealers and other used-car and remarketing industry professionals who haven’t registered for the event and […] [Read More]

Eclipsing the $1 billion revenue mark for the first time, AutoCanada pulled in more than $17 million of net earnings in a year that left management “pleased.” On the used-vehicle side, although the company’s retail sales fell 1 percent for the year, AutoCanada closed its 2011 used operations on a high note, increasing retail used […] [Read More]

The Used Car Dealers Association of Ontario notched a win in legal arena earlier this month when the Competition Tribunal denied a motion from the Insurance Bureau of Canada to rescind an Interim Supply Order that the two parties agreed to in October. This Interim Supply Order — which both parties green-lighted on Oct. 20 […] [Read More]

AutoTrader.com announced Wednesday that the company recently celebrated eclipsing a major milestone within its Trade-In Marketplace program. There have now been more than 3 million instant trade-in offers generated through this tool since the beginning of 2010. Trade-In Marketplace is designed to help both dealers and consumers by providing the shopper with a guaranteed offer […] [Read More]

Todd Caputo wasn’t sure what exact model would roll down the lane Wednesday morning at Southern Auto Auction, but he knew he wanted it. And fortunately for the Chittenango, N.Y., dealer, his bid for the 14 millionth vehicle ever remarketed by General Motors — a 2011 Chevrolet Equinox — was the winner. “I was excited […] [Read More]

These days, dealers are looking for every edge to find quality inventory for their lots. Americans are holding onto their cars longer than ever, causing higher prices at auction and a smaller crop of quality vehicles on which you can bid. According to a new study by R.L. Polk, “Length of vehicle ownership recently hit […] [Read More]

In a partnership that could potentially help bring shoppers out to the lots, the Costco Auto Program — which provides members with savings on vehicles at more than 2,500 participating dealerships throughout the country — has teamed up with Subaru of America for a promotion that rewards Subaru buyers with a Costco Cash Card. The Subaru […] [Read More]

CarGurus identified what the site believes are 10 of the best values for used-vehicle shoppers looking for optimal gas mileage at economical price points. To pinpoint the top values on fuel-efficient used models, CarGurus editors focused their search on 2008 models which they thought are generally available with less than 60,000 miles and offer some […] [Read More]

Announced earlier this week, AutoUSA Internet Sales Solutions has launched a blog designed to focus on Internet sales and marketing personnel in dealerships. The company contends the blog, titled “The Internet Sales Perspective,” will provide dealers with best practices and tips to help Internet sales managers increase productivity and results within their departments, as well […] [Read More]