According to results of a test conducted with AutoTrader.com, dealers who use vAuto’s RealDeal generate additional online vehicle shopper interest and leads — as much as 24 percent more than dealerships not using the tool. Officials explained their test conducted in late spring of this year measured online shopper response to vehicle listings that include […] [Read More]

As the flooding in Thailand continues to cause production troubles for its suppliers, Toyota announced late last week that it has been forced to extend the time frame for adjusted production hours at its plants in Japan, while also slowing production rates in North America, South Africa and multiple Asian markets.  The automaker previously announced that […] [Read More]

In looking at recent market activity in his auction’s area, John Brasher found that October began with a bang for dealers, but their retail sales were softer at the end of the month. This led to wholesale sales dropping a bit at Brasher’s Sacramento Auto Auction, he said in the latest video summing up recent […] [Read More]

It was revealed late last week that Jeff Schmitt Auto Group and its six dealerships in Dayton, Ohio, have been selected as Motor Trend Certified dealerships. The Motor Trend Certified program — created by Motor Trend magazine and powered by EasyCare — allows franchised dealers to “provide a highly valued certification program for their other […] [Read More]

It was revealed last week that IronPlanet Motors has added another company to its network of approved service providers. Joining the group is EquipmentEngine, which will provide IronPlanet clients with various recovery and storage services at its 200 locations throughout the U.S. EquipmentEngine will offer IronPlanet customers such services as storage, diagnostic inspections, repairs, detailing, […] [Read More]

The Automobile Journalists Association of Canada recently revealed the “Best New” winners in its annual Canadian Car of the Year Awards program, honoring the top new vehicles in 11 segments. Collecting the most honors was Hyundai, which took three segments, while BMW, Kia and Mercedes-Benz were each honored in two segments. Dodge and Volkswagen each […] [Read More]

Later this month, Canadian Black Book is hosting an event in Toronto that will delve into residual and wholesale value trends. The Canadian Black Book Residual and Wholesale Value Discussion — which is being held 8:30 a.m. EST at the Donalda Club on Nov. 22 — will kick off with a presentation from industry analyst […] [Read More]

Two Ontario car salesmen will go without their licenses for a year, thanks to a recent ruling from the province’s License Appeal Tribune. Kien Trung and Mohammed Shaikh, who had been salesmen with the former Mazda of Orangeville dealership — which has since closed up shop, according to the Orangeville Banner — and the store […] [Read More]

While ADESA’s softer third-quarter performance forced KAR Auction Services to lower its expectations for full-year adjusted EBITDA, chief executive officer Jim Hallett remains extremely upbeat about the future because of the OPENLANE acquisition. Having officially closed the deal last month, Hallett used a good portion of Thursday’s quarterly conference call with investors to highlight everything […] [Read More]

Not long after eclipsing the 1,000-member landmark on LinkedIn, Auto Remarketing passed another social media milestone, as it continues to increase its footprint in online digital networking. The Auto Remarketing group on LinkedIn now includes more than 1,500 members, including executives and leaders with auctions, dealerships and other important players in the remarketing world. “We’re […] [Read More]