Turning the calendar to 2011 didn’t exactly accelerate the activity at all auctions last week, according to Black Book’s Ricky Beggs. The managing editor shared during his weekly video session of “Beggs on the Used Car Market” that there were “mixed comments” coming in from Black Book’s survey personnel. “Some auctions were reported as ‘active […] [Read More]

Seven models — three domestic and four foreign — were honored for visual appeal, features, technology and more late last week by Edmunds.com in connection with its sister website InsideLine.com. Among those picked as the 2011 Editors Most Wanted Awards were a trio of vehicles made by members of the Big 3: the Cadillac CTS-V Wagon, […] [Read More]

The last year was certainly one of great transition for Saab Automobile AB, but company executives said Friday they are pleased with the progress the Swedish automaker has made since being purchased by Spyker Cars N.V. in February. For full-year 2010, Saab’s wholesale unit sales — defined by officials as revenue-generating sale to dealers — […] [Read More]

While it appears that the market “still has a long way to go,” the increase in Canadian new-vehicle sales during 2010 was stronger than what was expected going into the year, according to analyst Dennis DesRosiers. He attributes the sales uptick to the bevy of incentives offered from automakers.   [Read More]

OPENLANE has teamed up with Boost Solutions — a Canadian company that provides used-vehicle inventory syndication — to help dealers in Canada move aged inventory in a quicker fashion by giving them a new avenue for marketing their used vehicles on the Web. [Read More]

DataScan Field Services revealed this week that Toronto-based Clubb Finance Corp. has chosen the company to supply Canadian dealer networks with floor plan verification services. Explaining the services of CFC, officials noted that company serves as a short-term floor plan lender for franchised dealers, brokers and wholesalers. Per CFC DataScan’s client base, dealers utilizing CFC […] [Read More]

Opinions gathered through KPMG’s 12th annual global automotive survey should be welcome news for the Big 3. Following years of economic uncertainty and industry restructuring, the survey showed global auto executives expect domestic automakers to increase market share during the next five years. What prompted that sentiment? Survey participants said domestic OEM growth will be spurred […] [Read More]

On Wednesday, Cars.com revealed the list of six vehicle contenders that will vie for its “Best of 2011” honor next week at an awards gala held during the Detroit Auto Show. The nominated models include the 2011 BMW 5 Series, 2011 Chevrolet Cruze, 2011 Chevrolet Volt, 2011 Honda Odyssey, 2011 Kia Optima and 2011 Nissan […] [Read More]

Toyota scored a major legal victory this week when an arbitrator upheld the automaker’s claims against a former in-house attorney while also dismissing the man’s remaining claims against the car company. The arbitrator also issued a permanent injunction against Dimitrios Biller — the ex-employee involved in the case —and ordered that he pay damages totaling $2.6 […] [Read More]

Better than nine out of 10 dealers said their market share climbed in 2010, according to a recent survey from AutoUSA. Interestingly enough, only a little more than 28 percent of dealers surveyed said the used-vehicle sales department was the strongest part of their business, while more than two-fifths (41.8 percent) said the new-car sales department […] [Read More]