Rolls-Royce dealers now can join their domestic, import and luxury franchise store brethren in offering certified pre-owned vehicles. Rolls-Royce Motor Cars recently outlined details for its newly approved CPO program. The automaker insists Rolls-Royce Provenance offers “unrivaled peace of mind” with its program that includes fully inclusive servicing. The company indicated each model has to […] [Read More]

Chrysler received some positive news on Thursday when three of its models made the list of top-five vehicles for traffic increases on Kelly Blue Book’s Kbb.com. In the most recent Hot Car Report, the Mercedes-Benz CL-Class topped the list with 31 percent week-over-week growth in traffic on the site, but spots Nos. 2-4 were held […] [Read More]

Especially for franchise dealers awaiting more inventory, Nissan shared some encouraging news late last week. All of its factories across Japan are now online. They’re ramping up production, and output is increasing as the two-month anniversary approaches marking the devastating earthquake and tsunami. In Tochigi, Japan, the largest of the three main assembly plants where […] [Read More]

Late last week, vehicle research and shopping site CarGurus.com doled out a list of the most ideal used vehicles for a group of shoppers whose budgets are often tight, especially given today’s economy: recent graduates. On its list, two brands in particular — Volkswagen and Ford — led the way. In determining the group of […] [Read More]

Mimicking philanthropic efforts by automakers, the National Automobile Dealers Charitable Foundation has mobilized its emergency relief fund to aid dealership employees recovering from the tornadoes that devastated parts of Iowa and Alabama last week. NADA indicated that six people already have received grants from the foundation to help them get back on their feet after […] [Read More]

Ritchie Bros. Auctioneers revealed this week that it achieved some Canadian records for the company at its recent three-day unreserved public equipment auction in Edmonton. The company posted its best-ever Canadian marks for the amount of equipment sold online, most registered online bidders and most unique buyers. Not only that, the gross auction proceeds were […] [Read More]

Canadian prices were sequentially static for the second consecutive month during April, but posted a year-over-year gain of 4 percentage points, according to the latest analysis from OPENLANE. Specifically, the Canadian Market Index was at 99, a level it has held steady since February, OPENLANE indicated. By segment, three of the four categories in OPENLANE’s analysis […] [Read More]

Though Canadian new-vehicle sales were up almost 7 percent in April, there still is “a long way to go” before it can be determined the market has made a full recovery, according to the latest sales analysis from Dennis DesRosiers. Sales came in at 159,942 for the month, which marks a 6.9-percent rise from April […] [Read More]

The certified pre-owned market continues to see strong year-over-year gains, with automakers improving results by 8 percent in April and pushing their year-to-date sales up 12 percent, according to Autodata Corp.   However, since inventory sourcing continues to be a big challenge for many dealers, Auto Remarketing sought out some of the best advice to offer our […] [Read More]

LeasePlan USA revealed its new vice president of operations on Thursday, whose responsibilities will include remarketing, in addition to other areas. Named to the role is Mike Miller, who has been with the company since 2004. Miller will be responsible for leading the commercial fleet operations group to continued success. His responsibilities will include vehicle acquisition, vehicle […] [Read More]