eFleet Direct announced Friday that it has spread its footprint into the Denver market by opening a staging and processing facility in suburban Commerce City, Colo. Officials pointed out that the region’s current market conditions suggest that “demand for quality pre-owned vehicles is at an all-time high.” And since eFleet Direct has opened up a […] [Read More]

Canada’s TRADER Corp. has teamed up with dealer inventory network Bignition and the two companies are rolling out a new tool that allows dealers to buy, sell and trade vehicles with one another. Basically, Canadian dealers can use the new tool called Tnetwork to check out vehicles other dealers have in stock and create inventory buying […] [Read More]

Canadian dealers ramped up vehicle sourcing for the spring selling season during March, according to ADESA Canada president and chief operating officer Stéphane St-Hilaire this week. He said this is one of the elements that helped push auction prices to more than a 2-percent sequential gain during the month, St-Hilaire sat down with Auto Remarketing Canada on Wednesday at […] [Read More]

During the opening session of Auto Remarketing Canada 2011 — Canada’s Used Car Conference this week, event organizers revealed the winner of the second Ward & Hart-Stephens Excellence in Remarketing Award. Receiving this year’s honor was David Sudbury, the former vice president at Honda Finance Canada who recently retired after serving 29 years with the […] [Read More]

Based on the latest data reported from its 12 districts, the Federal Reserve Board unveiled its latest Beige Book, reporting that vehicle sales rose across most areas of the nation in February and March. However, dealer concerns over automaker supply disruptions and production delays due to the Japan disasters are starting to come to the […] [Read More]

Experian Automotive’s vehicle database showed General Motors’ incentive and sales strategy employed to close out 2010 worked quite nicely in terms of making significant strides in corporate loyalty. According to Experian’s information, GM passed Ford for the first time in three quarters in connection with corporate loyalty as the firm placed the automaker’s level at […] [Read More]

Before arriving at your showroom, AutoTrader.com’s monthly Trend Engine Report projects potential buyers could have been scouring its website looking for fuel-sipping vehicles beforehand. Site officials say interest in these models is on the rise as gas prices remain high across the country with the turmoil in the Middle East, a continuing economic recovery and the upcoming […] [Read More]

On Thursday, AOL Advertising announced it has named an industry practice head for the automotive category.   The new automotive head will be responsible for partnering with sales leadership to execute a national strategy, in addition to playing an active role in generating new business. She will also represent AOL at industry events providing insights […] [Read More]

Automotive Resources International recognized six auctions Thursday through the 12th annual ARI Auction Awards. The 2010 honorees include three independent auctions, two ServNet operations and a Manheim location. ARI noted consistency in quality service and strong working relationships have resulted in several of the auctions being acknowledged in multiple years. Officials indicated each of the […] [Read More]

As federal officials explained Mercedes-Benz’s decision regarding an older model, Ford revealed Thursday that it’s ramping up a previous recall of the F-150 stemming from an airbag deployment issue. After voluntarily recalling 144,000 F-150s from the 2005 and 2006 model years in late February, Ford is bringing back the remaining population of F-150s built between 2003 […] [Read More]