Though auction prices in Canada dipped again in June, the decline slowed down a bit, and it appears that the economic outlook in the country could be getting better, according to the latest ADESA Canada Used Vehicle Price Index report. Specifically, ADESA’s data — powered by ALG Canada — indicated that the index was down […] [Read More]

Although wholesale prices for three of the four vehicle segments OPENLANE tracks slid down in June, the Canadian Market Index still ticked higher. OPENLANE said its June Canadian Index settled at 98, which was 1 percentage point higher than May and 5 percentage points higher than the same month a year ago. The Canadian Index […] [Read More]

Strong support from dealers. Positive reaction from consumers. A robust Canadian used-car market. These were but a few of the many reasons cited by leaders at several automakers in Canada for healthy certified pre-owned sales in June and throughout the first half of 2011. And to shed a bit of light on how they achieved […] [Read More]

Experian Automotive wanted to offer more information pertinent to dealers beyond the brand loyalty trends it tracks on a quarterly basis. So this week, Experian combined its analysis of both brand loyalty and dealer loyalty, resulting in some interesting findings. For calendar year 2010, Experian discovered dealer loyalty — buyers returning to market and purchasing […] [Read More]

The leasing market continued to show much of the same trends spotted throughout the last several months, as lease penetration was steady from May and approached the 20-percent mark, according to J.D. Power and Associates. Specifically, leases represented 19.7 percent of new-vehicle sales for June, up from 19.1 percent the previous month and 18.2 percent […] [Read More]

Although gas prices have moderated in recent weeks, there’s no telling what may set off a fuel-price hike down the road. And recent times have shown that price movements certainly impact the auto industry. To shed some light in this area, ALG recently investigated what residual impact a $1-per-gallon increase in fuel costs would trigger […] [Read More]

In an attempt to put independent dealers on equal footing with their franchise counterparts, the National Independent Automobile Dealers Association is urging Congress to pass the Motor Vehicle Owners’ Right to Repair Act. NIADA explained the act would require automakers to make the same service information and tools capabilities available to independent repair shops that […] [Read More]

AutoUSA announced earlier this week it has released Powerlistings 2.0 in an effort to help drive traffic from Craigslist to dealer’s Facebook pages. The optimized version of the company’s original Powerlistings offering provides direct links to dealer inventory on Facebook and “provides opportunities for dealerships to increase engagement with potential customers.” [Read More]

The Reynolds and Reynolds Co. announced this week that it is now providing dealer customers who use its POWER dealership system with a new tool that can aid these stores in their online network needs. The Reynolds Private Managed Network serves as a managed, private wide area network tailored for dealers. It is designed to […] [Read More]

Touting the model has an “elegant design and overall appearance, combined with ample space, smooth driving performance, a plethora of intuitive technology features and an extensive list of safety features,” NADAguides.com went with a domestic offering as its Car of the Month for July, picking the 2011 Chrysler 300. Analysts at NADAguides.com indicated they first […] [Read More]