ADESA Kansas City recently announced plans for its annual Spring Corvette and Specialty Sale, which is scheduled for later this month. The sale — which will take place April 28 through April 29 — will include a bevy of Chevrolet Corvettes and Harley-Davidson motorcycles, as well as specialty units. There will be commemorative T-shirts given out […] [Read More]

For dealers who have large Hispanic population in their market, TrueCar.com’s latest study sheds some light on what specific brands and models that most appeal to these potential buyers. The site’s study showed import brands and models dominated the Top 10 list. TrueCar.com pointed out Hispanic buyers made up 7 percent of all new-vehicle retail […] [Read More]

While it’s no secret that fuel costs often affect consumers’ vehicle choices, more than half of shoppers are apparently now saying that they won’t change vehicle size the next time they purchase, according to a recent survey from Consumers Report. What’s more, almost a fifth (19 percent) said the next vehicle they purchase will be bigger than […] [Read More]

In the latest update from the automaker, Toyota Motor Corp. decided that vehicle production from May 10 to June 3 will proceed at approximately 50 percent of normal. “As TMC continues to address its production situation in Japan following the disaster, (the company) will decide on production after this period after assessing the situation of […] [Read More]

In a speech last week to the Society of Automotive Engineers 2011 World Congress, Dan Akerson called General Motors’ ability to keep operating efficiently despite part shortages from Japan “something of an engineering feat in its own right.” GM’s chairman and chief executive officer began by describing his relatively short tenure in the auto industry […] [Read More]

If consumers continue to keep grabbing up vehicles like they have been earlier this month, then April’s seasonally adjusted annualized sales rate for the new-car market could top 14 million units, according to Edmunds.com. However, the site tempered this notion by suggesting that the market is likely to tap on the brakes toward the end of April, resulting in […] [Read More]

Auto Dealer Monthly unveiled in the April issue its 2011 Dealers’ Choice Awards, which lets dealerships vote on the top vendors, suppliers and finance companies. In total, 54 awards were doled out in 21 different categories, with 45 companies picking up honors. The companies were evaluated by dealerships in the following measures: —The product or service provided. […] [Read More]

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]