Kelley Blue Book revealed last week that it has launched a mobile application that can be utilized on the Windows Phone 7. Car buyers and sellers can use the app to check out KBB Values for both new and used vehicles. This information consists of such details as MSRP, invoice, fair purchase values, certified pre-owned […] [Read More]

The NAFA Fleet Management Association announced last week that Don Esmond, senior vice president of automotive operations for Toyota, is the first speaker to be confirmed for its annual Institute & Expo.   The I&E, which takes place April 9-12 in Charlotte, N.C., will bring more than 2,000 fleet industry professionals together for four days of education, […] [Read More]

Through a partnership with Insurance Auto Auctions, the National Kidney Foundation has launched a new philanthropic car donation program to support its charitable efforts to help combat kidney disease. [Read More]

Canadian automotive Web portal Auto123.com unveiled the list of finalists for each of the 14 categories comprising its annual awards program. A press conference will be held Thursday at the Intercontinental Toronto Yorkville Hotel Willard Room to announce winners of the 2011 Auto123.com Awards. The 44 finalists for the assorted honors include: 2011 Subcompact of the Year Ford Fiesta [Read More]

Although overall Canadian wholesale prices showed a month-over-month upswing during October, four of six segments listed by ADESA Canada experienced weaker resale values in the auction market during the month, according to the latest ADESA Canada Used Vehicle Price Index report. Specifically, ADESA’s data — powered by ALG Canada — indicated that the index during October […] [Read More]

Similar to what its U.S. parent did this week, as well, Chrysler Canada revealed the first group of Fiat franchises for Canada. The company picked 58 stores divided across the Eastern region, Western region and Quebec. Officials said that Chrysler Canada, in selecting its dealer body, considered the potential dealerships’ “location, the establishment of a dedicated […] [Read More]

General Motors enjoyed the most substantial initial public offering the country has seen this year, generating about $16 billion in its much anticipated IPO that launched Thursday morning, according to a NYSE statement. GM chief executive officer Dan Akerson rang the opening bell of the NYSE, which, in this case, was accompanied by the sound of a […] [Read More]

Executives and engineers who develop complex online marketing initiatives and maintain multifaceted information infrastructure received a glimpse of what it’s like to be a dealer. AutoTrader.com chief executive officer Chip Perry gained the opportunity to be one of the presenting speakers Thursday at the Internet Summit in Raleigh, N.C., a trade show gathering some of […] [Read More]

It might be a more festive Thanksgiving for franchise dealers if current sales trends continue. J.D. Power and Associates believes new-vehicle retail sales will remain strong in November and continue to provide the muscle behind the market’s strength for a third consecutive month Firm analysts projected that November new-vehicle retail sales are expected to come in […] [Read More]

Ford will be transferring the majority of its shares in Mazda to various business partners of the Japanese automaker, thus lowering its ownership stake. However, the two OEMs will remain strategic partners, according to Mazda. Currently, Ford has 11 percent ownership stake in Mazda. Ford will hold on to a 3.5-percent stake in the automaker and is […] [Read More]