The National Automobile Dealers Association recently revealed the first OEM to work in partnership with NADA University on an exclusive training program. By subscribing to NADA University online, association officials last week said Mercedes-Benz USA will equip its dealer contact team with 24/7 online access to a vast collection of interactive training courses, Webinars, data, […] [Read More]

Late last week, Westlake Financial Services revealed its top auctions for the first quarter and many came out as repeat winners. The choices for top overall auctions went to Manheim Nevada, Norwalk Auto Auction and Brasher’s Salt Lake City Auto Auction. Westlake again tapped ABC Birmingham as its top service auction, while keeping Dealers Auto […] [Read More]

Nissan North America switched around some sales roles, as well as positions in business planning, parts and service in moves that became effective this past weekend. The automaker tapped Richard Latek as regional vice president for Midwest region of the Nissan sales division. The OEM also appointed Walter Burchfield as director of business planning, parts […] [Read More]

Calling fiscal 2010 a “year of change” in the auto market compared to the “year of contraction” in 2009, the president and chief executive officer of Calgary-based Quorum Information Technologies pointed to a number of strides the company made in its recently completed fiscal year. CEO Maury Marks stressed that Quorum would continue to expand […] [Read More]

Vehicle-sharing company car2go made its Canadian debut this week in Vancouver, and company officials said that Canadian members will be able to enjoy a fleet of 225 “car2go edition” smart cars beginning in June. Car2go Canada Ltd. is a subsidiary of Daimler North American Corp. Here is how car2go is designed to work. Officials call […] [Read More]

During March, Canada’s wholesale prices showed the most dramatic sequential gain in nine months and also jumped by more than 13 percent year-over-year, according to the latest RVI Market Update. Specifically, RVI Group indicated that the RVI Used Car Price Index was 0.998 in March, representing a 3.2-percent increase from February and a 13.7-percent year-over-year hike. The […] [Read More]

As the automaker continues to keep tabs on recovering production in its native Japan, Toyota Motor Corp. also had to monitor its interests in the Southeast, where deadly tornadoes carved destructive swaths, especially in Alabama. The storms forced officials at Toyota Motor Manufacturing Alabama located in Huntsville, Ala., to idle their second shift as tornadoes […] [Read More]

Not only did the recent disasters in Japan have a significant downward impact on Honda’s most recent financial results, but it is keeping the Japanese automaker from being able to offer guidance for its next six-month and full-year fiscal periods. Honda’s consolidated net income swooned 38.3 percent for the January through March period (which is […] [Read More]

The chairman of Penske Automotive Group said Thursday he was pleasantly surprised at how strongly the company performed during the first quarter, as Penske enjoyed a 51.7-percent jump quarterly income. Penske rolled in $36.4 million of income from continuing operations, up from $24 million a year ago. The auto group reported that revenue was 15.3 […] [Read More]

The 2011 U.S. Green Automotive Study released this week by J.D. Power and Associates doesn’t give franchise dealers that are pushing hybrid and electric vehicles a favorable sales outlook. J.D. Power claims growth of alternative powertrain vehicles sales will be limited by consumer concerns about costs as well as functionality. Despite a rapid increase in […] [Read More]