The industry hit used-car sales in the neighborhood of 4.5 million units in June, and Edmunds.com pricing manager Richard Arca expects July’s used total to reflect "something very, very similar." It would appear then that the used market remains fairly stable, as June’s used sales was also rather steady (up 0.9 percent) when compared to […] [Read More]

BMW of North America will have a new president beginning Oct. 1 to fill the shoes of Jim O’Donnell when he retires. Appointed to the position is Ludwig Willisch, who at the moment heads up BMW Group’s European sales region. O’Donnell, meanwhile, has served in the North American president’s post since 2008. BMW says it […] [Read More]

IronPlanet Motors recently announced its plans to start the month off with an unreserved online auction, offering free inspection reports for all available units. Wednesday’s event will feature ATVs, cars, trucks, golf carts, motorcycles, RVs, scooters, SUVs and more. Auction customers can expect to see models, such as the BMW Z3, Chevrolet Corvette, Coachman Freelander, […] [Read More]

Social media intelligence platform GOSO revealed late last week it will be delving even further into the world of cars with a new co-branded automotive agency/reseller program set to launch in September. The program is created to help agencies and resellers “more effectively manage their automotive dealers’ social media initiatives,” stressed the company. “The platform will […] [Read More]

Late last week, Carfax revealed its newest partner. Internet sales lead generator Cargigi is now offering the company’s vehicle history reports for its online listings. Subscribing dealers will now be privy to Carfax’s vehicle history information, which can be added to their inventory marketed online. Providing this information up-front to online shoppers builds confidence and […] [Read More]

Late last week, Carfax revealed its newest partner. Internet sales lead generator Cargigi is now offering the company’s vehicle history reports for its online listings. Subscribing dealers will now be privy to Carfax’s vehicle history information, which can be added to their inventory marketed online. Providing this information up-front to online shoppers builds confidence and […] [Read More]

The Automotive Retailers Association of British Columbia named its new president this week. Picked for the role is Ken McCormack, who was previously the general manager at B.C. Milk Marketing Board and executive director of the Agriculture and Food Council of Alberta. “I am excited about my appointment to the position of president of the […] [Read More]

Canada’s 2011 leasing rates for mainstream brands are expected to see a double-digit year-over-year spike, with gains for luxury brands skyrocketing even higher, according to ALG. What’s more, in light of its current residual projection for Canada, the firm believes several automakers will benefit nicely from the leasing uptick, as these brands and their dealers will […] [Read More]

New-car prices in Canada were down 3.1 percent in June, and this decline was a primary driver of lower inflation rates for the month, according to Statistics Canada’s latest Consumer Price Index report. While the report did not delve into where used-car prices come into play, instead focusing on the new-vehicle segment, Michael Hatch — […] [Read More]

In late breaking news out Thursday, the moment much of the industry has been waiting for finally came to pass. The leadership team for Chrysler/Fiat has been revealed. And heading up both Chrysler and Fiat as chief executive officer will be Sergio Marchionne. The company announced the formation of a group executive council, similar to […] [Read More]