Saab Automobile has entered into a joint venture with American Axle Manufacturing to build and sell electric all-wheel drive systems, electric driveline systems and hybrid driveline systems. The automaker plans to use the electric system in its 2012 lineup. Operating out of Trollhattan, Sweden, e-AAM Driveline Systems debuts Friday. Officials said the electric all-wheel drive […] [Read More]

ADESA executives announced Friday that several auction sites plan to participate in next month’s breast cancer fundraising event, Project Pink. Scheduled to be involved are ADESA Seattle, ADESA Colorado Springs, ADESA Memphis and ADESA Fargo. Executives explained dealers interested in donating vehicles should contact the sales department at these participating ADESA auctions. Project Pink auction dates are: […] [Read More]

General Motors of Canada has rolled out a new financing package via Ally that allows its dealers to offer consumers flexibility, attractive rates and some of the benefits of a lease without the drawbacks. Basically, when a customer chooses the Smart Purchase financing program, the term of the loan is for up to 84 months. [Read More]

 After what officials called successful spring advertising efforts, the Used Car Dealers Association of Ontario is rolling out a consumer campaign for fall on Monday designed to spread the word about the benefits of shopping with its member dealers. The campaign will last five weeks and will include TV and online elements. [Read More]

AutoCanada recently revealed that its chief operating officer Kelly O’Connell has left the company, and that the COO position probably will not be filled. “The company appreciated Mr. O’Connell’s contribution and that Mr. O’Connell put in place a number of initiatives which will be of future benefit to the company, and we wish him well […] [Read More]

Though September used-vehicle sales for franchise and independent dealers are likely to climb modestly year-over-year, there will likely be a close to a 4-percent decline in overall used sales, according to CNW Research. Not to mention, projections for full-year 2010 aren’t as favorable as some initial expectations. Specifically, there will likely be 3.15 million used […] [Read More]

The saga continues in the battle between two rental-car rivals to acquire Dollar Thrifty Automotive Group. In the latest turn of events, Avis Budget Group announced Thursday the cash portion of its offer to buy Dollar Thrifty has now been boosted by more than $5 a share. The company said it could sweeten the pot even […] [Read More]

They might not be affiliated under a single corporate flag, but the independent operations that also are a part of the National Auto Auction Association are collaborating as one on a major marketing initiative. After meeting earlier this month during the NAAA annual conference, the Independent Auction Group ratified marketing concepts and committed financial support. […] [Read More]

In a recent report discussing the certified pre-owned segment’s emergence as a viable option in the auto marketplace, MSN Autos revealed the top-10 best selling CPO models for the first half of 2010, and offered a bit of commentary on each vehicle. So which model topped the list? According to the report, the No. 1 […] [Read More]

The seasonally adjusted annualized rate for new-vehicle retail sales for September is likely to reach a more-than-two-year high — not counting August 2009, when sales were lifted by CARS — and it appears that shoppers were putting off purchases at the end of last month, thus leading to a “vigorous start” this month, according to J.D. Power […] [Read More]