Nissan North America said it reached the highest U.S. market share level in company history during February. The automaker discovered its U.S. market penetration climbed to 9.3 percent last month. The new record comes after Nissan says it gained 0.4 percentage points throughout 2010 to vault it to one of the three fastest-growing OEMs in […] [Read More]

Saab Cars North America revealed a new executive national sales director late last week. Appointed to the post is James Sweeting, who has 27 years of industry experience in the U.S., including his most recent post at Honda. The move is effective March 15. Sweeting’s responsibilities in the position will include heading up sales efforts […] [Read More]

The old General Motors is nearly finished with the bankruptcy process. The U.S. Bankruptcy Court for the Southern District of New York orally ruled late last week that it would confirm the Chapter 11 Plan of Motors Liquidation Co., which is often referred to as the Old GM. The court indicated it also would issue […] [Read More]

The National Independent Automobile Dealers Association recently rolled out early registration and discounted hotel room rates for its annual Convention & Expo. The 65th annual event is scheduled for June 19 to 23 at Caesars Palace in Las Vegas. “Early Bird” promotional hotel rates starting at $144 per night now are available until March 22. […] [Read More]

HANOVER, Md. — The keynote speaker set to present at the National Automotive Finance Association’s 16th annual conference this spring was revealed this week. And this speaker could potentially be answering many dealer and industry concerns regarding the new Consumer Financial Protection Bureau and actions the organization will be taking.  Tapped for the conference is […] [Read More]

A $750 million class action suit filed against General Motors of Canada and the Cassels Brock & Blackwell law firm was given the green light to move forward by an Ontario judge this week, according to a statement from plaintiff lawyers. In the suit, more than 200 former GM Canada dealers who were shut down […] [Read More]

For a month that analyst Dennis DesRosiers described as unsteady for auto market rehabilitation, new-vehicle sales in Canada dropped more than 4 percent in February, marking the first hiccup in quite some time. Specifically, there were 96,006 new units sold last month in Canada, softer by 4.2 percent when compared to February 2010. “Back to the […] [Read More]

Some of Canada’s top used-car dealers will be on hand at the Auto Remarketing Canada conference, presented by CarProof, to offer their thoughts on some of the experiences and best practices that have helped propel them to the top of their industry. Dealer speakers include Doug McDougall, of Don Valley North Toyota, Canada’s top Toyota […] [Read More]

The leasing market is expected to see a boom this year and then ride that wave over the next five years, ALG said in analysis released Thursday. What individual brands will reap the benefits? According to ALG, the luxury brand that will show the largest uptick this year will be Land Rover, thanks to the […] [Read More]

Manheim and VW Credit, the financial services subsidiary of Volkswagen Group of America, revealed Thursday they’ve expanded the number of North American auction locations dedicated to handle sales for the captive. Officials indicated the total number of Manheim locations that orchestrate VCI sales now stands at 11 with the addition of Manheim Seattle. The companies […] [Read More]