REDWOOD CITY, Calif. — OPENLANE announced this morning that it has teamed up with Recovery Database Network in a partnership that can help expedite the sale of repossessed vehicles. As most know, RDN is a specialized provider of software and data solutions related to asset recovery for the auto finance industry. Essentially, the solution can offer finance companies and […] [Read More]

FINDLAY, Ohio — While acknowledging the downward sales impact Toyota's recalls have caused for the automaker, a Corporate Research International survey suggests that the attitudes vehicle owners have for the brand haven't changed as much as those of consumers who own cars from other brands. In essence, Toyota owners largely appear to be remaining loyal in the midst of […] [Read More]

BOCA RATON, Fla. — Black Book's Online Division last week introduced an enhancement to its Activator Sales Conversion Tool that executives contend can boost leads by up to 30 percent. The company explained that the increased results stem from new technology that generates high-impact pop-ups. These additions can give Web site shoppers incentives to obtain a value for their trades […] [Read More]

DES MOINES, Iowa — Automotive Web technology provider Dealer Impact is the latest company attempting to harness the marketing capability of Facebook as a way to promote vehicle inventory. Late last week, Dealer Impact rolled out its Facebook Inventory App, a tool specifically designed to be integrated into the wildly popular social networking Web site. Company […] [Read More]

CHESTERFIELD, Mo. — A Missouri Hummer dealership that turned some heads in August with its "Guns and Hummers" offering is at it again, this time lining up in "shotgun" formation to make a final play on what could be the last of new models from the brand. Lynch Hummer, a dealer in the St. Louis suburbs, […] [Read More]

MARKHAM, Ontario — Canadian Black Book rolled out its fifth annual Retained Value Awards earlier this week, honoring the 2006 model-year vehicles that maintain their value the strongest. To determine the recipients — which are chosen in 17 segments — Canadian Black Book says it measures actual retained value from MSRP over a four-year time frame. "The winners […] [Read More]

OAKVILLE, Ontario — Recognizing the highest rated facilities in Canada, Ford of Canada recently unveiled the winners of its 2009 Auction Quality Award and 2009 Reconditioning Excellence Award. Taking home the Auction Quality honors were ADESA Calgary and ADESA Moncton, which were the two highest-rated Ford Sponsored Auctions in the Auction Quality Program. Officials explained that […] [Read More]

OTTAWA, Ontario — In light of the reinstatements General Motors announced are occurring in the U.S., the Canadian Automobile Dealers Association is calling for a similar move in its country. More specifically, CADA is calling the automaker's dealership reduction process "flawed" and alleging that General Motors Canada made mistakes in terminating 240 dealers. The group is asking GM […] [Read More]

PARK RIDGE, N.J. — A new online program from Hertz that can help quell some of the used-vehicle purchase trepidation among shoppers by giving them a three-day test drive has been picking up steam as of late, according to the company. Specifically, Rent2Buy is currently offered in 18 states, and that number is likely to be […] [Read More]

IRVINE and SANTA MONICA, Calif. — Analysts from Edmunds.com and Kelley Blue Book's Kbb.com found that hefty incentives offered by Toyota are doing more than just help the brand recover from ongoing recall turmoil. Looking at the situation from an industry-wide perspective, Edmunds.com believes that the incentives given out not only by Toyota, but General Motors […] [Read More]