SURREY, British Columbia — A Delta, British Columbia, man who pleaded guilty to 15 fraud charges relating to used-vehicle sales was given a one-year conditional sentence and will serve 100 hours of community service along with paying restitutions for three cases. Evidence against Parveen Kumar Saini pointed to odometer tampering, incorrect vehicle histories and sales tax violations, among […] [Read More]

TORONTO, Ontario — Not only in June did Mercedes-Benz Canada record its best-ever sales month; it capped off the top quarter and half-year in the company's history. Not to mention, June was the strongest used-vehicle sales month of all time for Mercedes-Benz Canada and was part of the best-ever quarter and half-year on the used side. […] [Read More]

DES MOINES, Iowa — Auto Remarketing learned that Wells Fargo Financial is in the process of restructuring, which includes closing 638 stores named for this division. Auto loans previously offered by Wells Fargo Financial will be mixed in with other similar products offered by the company and will be available through the financial institution's network of […] [Read More]

ATLANTA — While Tom Webb began his quarterly conference call by noting the Manheim Used Vehicle Value Index recorded a first for 2010, the economist went into a long discussion about new vehicles — and how current inventory conditions bode well for used-vehicle operations. According to Webb, new-vehicle inventories in June slipped even further below the 2-million […] [Read More]

CLEVELAND — While it's been more than a week now that the industry has digested the fact that June new-vehicle retail sales numbers dipped from the previous month, the senior automotive analyst KeyBanc Capital Markets called it "a sigh of relief." The reason why Brett Hoselton made this proclamation was because the performance left the June […] [Read More]

CARY, N.C. — Dealership and auction management used a story from AutoRemarketing.com to learn the latest about the most recent recall issued by Toyota. Also spurring plenty of online traffic this past week was an item that details Chrysler's requirements of potential Fiat dealers. The top five stories from AutoRemarketing.com this week are: 1. Toyota Alerts […] [Read More]

TORRANCE, Calif. — Toyota is adding six Product Quality Field Offices throughout North America at various points over the next year to go along with the location in the New York region that completed a successful pilot program. More specifically, Toyota Motor Sales, USA said the Product Quality Field Office program will open up a San […] [Read More]

WESTLAKE VILLAGE, Calif. — The June slowdown in new-vehicle retail sales in the United States coupled with increasing uncertainty within the European market prompted J.D. Power and Associates to consider where automakers can find other global areas of growth. While analysts conceded that recovery in established markets may be flagging, they believe sales growth in emerging […] [Read More]

ATLANTA — In today's auto market, consumers are leaning on social media in their vehicle-research and shopping processes, and in light of this phenomenon, EasyCare has employed social-media tools of its own to educate these savvy shoppers about vehicle service contracts and attract them into EasyCare dealerships. EasyCare discussed how it has utilized some of these […] [Read More]

FONTANA, Calif. — The management at Manheim Southern California rolled out a 25-acre expansion to its auction operation this week. Site executives believe the additional operating space will help them better meet the needs of their rapidly expanding specialty and heavy truck and equipment customer base. They explained the new location — which is less than a […] [Read More]