EDMONTON, Alberta — AutoCanada has strengthened its presence in the Toronto area, as the company recently bought a Hyundai store in Mississauga, Ontario. It has finished the purchase of assets of the store that was formerly known as Future Hyundai. Going forward, it continues as 401/Dixie Hyundai. There is space for eight service bays and a […] [Read More]

CARMEL, Ind. — With retail demand healthy and supply being limited, dealers were once again aggressive when it came to bidding at the auction during March, and this helped push continued growth in wholesale prices, according to ADESA's Tom Kontos. Specifically, the average wholesale price during March was $10,540, which marked a 6.8-percent year-over-year gain and […] [Read More]

CARY, N.C. — Showing how much dealers and auction executives want to know about the future, one of the top stories this week at AutoRemarketing.com discussed how the used-vehicle market might behave for the rest of the year. Another leading story from the week shared an update on congressional debate that could dramatically alter dealer-assisted financing. […] [Read More]

LAKE SUCCESS, N.Y. — DealerTrack is holding a free online seminar for independent dealers next week to show how these auto professionals can maximize profits and make their stores more efficient by utilizing the company's DMS for Independents. The workshop will be held at 2 p.m. EST on Wednesday, and examines in great detail what the company […] [Read More]

DEARBORN, Mich. — Ford is ramping up its effort to gather consumer feedback about vehicle design and more with a new online initiative the automaker rolled out this week. The OEM has created what it calls the "Your Ideas" section of The Ford Story, the brand's interactive consumer Web site at http://www.thefordstory.com/. Executives want visitors to […] [Read More]

ATLANTA — Building on what it described as successful site optimization for the iPhone, AutoTrader.com on Thursday launched a new mobile device platform to provide access to its most popular sections. Company executives explained that the new mobile platform can allow consumers to use their devices for the "Find a Car" and "Find a Dealer" features […] [Read More]

MIAMI — Tax returns could prove to be more influential in consumers deciding to go after a lease this year, according to LeaseTrader.com. The site is projecting that during tax-return season "confidence through the arrival of a tax return" will be the impetus for almost a quarter of leases, compared with 14.3 percent in 2005. Not only […] [Read More]

WASHINGTON, D.C. — By and large, the auto markets throughout country have shown signs of improvement, according to the latest Beige Book report. The report shows that eight of the 12 Federal Districts have seen an upswing in vehicle sales. Specifically, the New York, Philadelphia, Atlanta, Chicago, St. Louis, Minneapolis, Dallas and San Francisco districts have had […] [Read More]

ENCINO, Calif. — In a seemingly natural marketing connection between country music and pickup trucks, the Ram Truck brand will be behind the the first "text-to-vote" for one of the evening's biggest winners at the 45th Annual Academy of Country Music Awards — the fan-voted category of Entertainer of the Year. The ceremony, which honors country music's top talent as well […] [Read More]

DETROIT — General Motors and Carfax entered into an agreement this week to aid dealers, owners and potential buyers about rectifying unrepaired safety, non-compliance and emission recalls. GM executives explained that they're providing millions of vehicle identification numbers to Carfax for units with open recalls. Brands include Chevrolet, Buick, GMC and Cadillac as well as ones […] [Read More]