Exactly one year ago today, the Toronto City Council repealed the Personal Vehicle Tax that required drivers to pay $60 for each car registered in the city and $30 for each motorcycle or moped. In light of this anniversary, Toronto’s car dealers came out in celebration to commemorate the end of what they called a […] [Read More]

With new-vehicle sales expected to hit their highest level in five years, it has left some automakers “virtually out of stock” of some hot-selling vehicles, according to the 24/7 Wall Street website. In light of this dynamic, the publication has released a list of “Cars So Hot They Are Out of Stock,” a collection of […] [Read More]

Insurance Auto Auctions launched new free Apple iOS and Android apps Thursday, tools aimed at providing buyers the flexibility to bid live in IAA’s auctions using I-bid Live, manage their vehicle watch list, pre-bid on vehicles and get notifications so they get the vehicles they want. IAA’s free app can offer buyers plenty of ways […] [Read More]

Pulling up to Hyundai headquarters, a man pulls out a black ski mask and quickly puts it on. The suspicious character climbs out of the car and works his way to the fences surrounding the facilities, carrying some heavy bolt-cutters. The mission? To steal the corporate drift car. The catch? The thief has Hyundai’s permission […] [Read More]

DMEautomoive rolled out a new program on Thursday that can help dealers secure the late-model used inventory they need in today’s supply-crunched market. Additionally, the “Best Chance Equity Communications from DMEautomotive” gives dealers a way to boost new-vehicle sales and retention rates. Basically, Best Chance utilizes DMEa’s predictive analytics to figure out which of a […] [Read More]

The UsedCars.com website of Dealix has been enhanced with two new features designed to help dealers drum up more exposure and interest in their used vehicles. More specifically, UsedCars.com now includes vehicle videos, as well as dealership-branded contextual spotlight ads. The announcement was made earlier this week by the Dealer Services Group of Automatic Data […] [Read More]

Tom LaSorda is back in the automaker business. The former chief executive officer, president and vice chairman of Chrysler Group revealed Thursday he is joining electric vehicle manufacturer Fisker Automotive in the newly created role of vice chairman of the board and chairman of the board’s strategy council. The company indicated LaSorda will also work […] [Read More]

Earlier this week, DCH Auto Group opened of the company’s newest dealership, DCH Kia of Temecula, located in Temecula, Calif. Residing on Ynez Road in Temecula, Kia of Temecula is situated so it’s near three other DCH dealerships: DCH Acura of Temecula, DCH Honda of Temecula and DCH Chrysler Jeep Dodge of Temecula. DCH Kia […] [Read More]

November marked another month in a modest and largely seasonal downturn, as wholesale prices fell marginally from October and moved ahead from year-ago levels, according to ADESA’s Tom Kontos. Specifically, the average wholesale value in November was $9,869, a 0.1-percent sequential decrease and a 0.5-percent year-over-year lift. [Read More]

Black Book and the Credit Union National Association recently announced they enhanced their 12-year partnership. The pact between the organizations now includes integrated data products for credit unions at a discounted price.  “We’re pleased to expand our relationship with Black Book to include access to their vehicle valuation data services at a discounted price,” stated […] [Read More]