While 2011 has been a challenging year for Toyota throughout the globe in the aftermath of the Japanese earthquake, the automaker’s Canadian operations recently took home some positive news from J.D. Power and Associates. Toyota not only had the top automaker website in Canada, but its plant in Cambridge South, Ontario, received a Platinum Plant Quality Award from […] [Read More]

Mercedes-Benz Canada is celebrating more than 125 years of what is said to be the invention of the world’s first automobile by taking the original Benz Patent-Motorwagen on a cross-country tour. Carl Benz filed his patent application for the three-wheeled motor car more than 125 years ago, which the automaker contends was “the foundation for […] [Read More]

While a bevy of influences in the Canadian vehicle market help shape a vehicle’s residual value, used units that are either certified pre-owned or have valid warranties from the OEM typically fetch a stronger value, according to recent analysis from Canadian auto analyst Dennis DesRosiers. As one might expect, a strong warranty or factory certification […] [Read More]

Though stronger than where it was in May, the used-vehicle market will show a major dive from year-ago figures once June results are reported, according to TrueCar.com. The company projects that used sales will slide 21.8 percent to 4.38 million units. This, however, would mark a 6.2-percent sequential increase. On the new side of the market, things […] [Read More]

Along with revealing scholarship and leadership award recipients, the National Independent Automobile Dealers Association used its 65th annual Convention & Expo to add another industry veteran to the NIADA National Ring of Honor. The latest inductee is Joe Lescota, Northwood University’s automotive marketing department chair. NIADA chief executive officer Michael Linn declared during a ceremony that […] [Read More]

Dataium’s May Auto Shopper Intensity Index declined for the second straight month, but a bright spot was searches for used vehicles. The firm determined pre-owned models continue to gain share in consumer online auto shopping, now up to a record 68 percent of all inventory searches. Analysts contend the ASI index for April accurately mirrored […] [Read More]

Sharing some positive news on the production and sales fronts Thursday — which will likely bring good tidings for used supply, as well — Nissan said its global sales are projected to climb nearly 10 percent for fiscal 2011. And full production is expected to be restored in October.  This spells good news for the used side […] [Read More]

Earlier this week, Black Book rolled out several enhancements to its existing iPhone and Android applications and also launched a version for the Windows 7 product. Black Book president Tom Cross indicated that the highlight of the enhancements is the integration of AutoCheck vehicle history reports, which users can now tap into. [Read More]

In the latest setback Saab is facing, the automaker revealed it does not have the funds to make payroll. Dealers and employees appear to be holding their breath to see if management can pull renewed funding off, even as creditors, including suppliers, are knocking on the automaker’s door. [Read More]

NADAguides Top Recommended Current Buys Report includes six vehicles from five different nameplates. The six 2011 models included are from Acura, Dodge, GMC, Hyundai and Toyota. In light of a slowly recovering economy, current fuel prices and strains on some vehicle availability from Japanese manufacturers, NADAguides’ analysts recommend this select set of new units that — […] [Read More]