SOUTHFIELD, Mich. — In the aftermath of the automaker temporarily stopping sales of eight of its vehicles, U.S. Toyota brand dealers could lose significant used-car revenue, in addition to even steeper losses on the new-car side, according to a recent report from Bloomberg. Specifically, Bloomberg — citing National Automobile Dealers Association chairman John McEleney — indicates that each dealer […] [Read More]

SANTA MONICA, Calif. — When January's new-vehicle sales figures are finalized, it is projected that market share for Toyota will fall to its lowest level in almost four years and the automaker is the only one of the seven major manufacturers expected to show a double-digit decline in year-over-year sales, according to Edmunds.com. Specifically, Toyota's January […] [Read More]

ATLANTA — Auto Auction Services Corp. announced late last week it has appointed a new director of customer service, and filling that role is Joe Miller, who has been with AASC since September. Before joining the company, Miller worked in management and marketing roles for Gartner Inc., The Hackett Group and Bearing Point Inc. [Read More]

MIAMI — Taking a similar path as auction and rental companies, LeaseTrader.com has halted any transactions involving Toyota vehicles involved in the sales stoppage. Site officials said that the this move will continue until documentation proving inspection or repair of the respective Toyota vehicles are completed. [Read More]

HERNDON, Va. — A new version of the game "Punch Bug" is what executives from Volkswagen of America plan to use as a marketing centerpiece that will kick off during the Super Bowl. What VW officials now are calling it is "Punch Dub," and it is based on the game that children used to play back […] [Read More]

TORONTO, Ontario — The VehicleGateway.com online used-vehicle marketplace for Canada recently made its debut and can help provide dealers and private sellers with an efficient avenue to showcase vehicles for sale and reach out to potential buyers. It also provides consumers with pertinent information needed to make used-car shopping decisions, such as vehicle histories and current conditions of used […] [Read More]

RICHMOND HILL, Ontario — Canada's new-vehicle sales were up more than 6 percent year-over-year in January and it appears that trends from 2009 have continued this year, as the market is gravitating toward trucks and larger vehicles, according to DesRosiers Automotive Consultants. Specifically, new-vehicle sales totaled 81,581 units in January, up 6.2 percent from the 76,850 […] [Read More]

CALGARY, Alberta — Quorum Information Technologies announced this week that its XSELLERATOR dealership and customer management system has gained Chrysler manufacturer integration certification, and the product is now available to Canada's Chrysler, Dodge and Jeep dealers. As part of Chrysler's certification, there is approval of a full suite of integration between XSELLERATOR and Chrysler systems for […] [Read More]

FARMINGTON HILLS, Mich. — The current health and future viability of leasing has been a hot topic in the auto marketplace lately, as leasing levels throughout the industry dipped last year but are now showing a bounceback.  Sharing some perspective from the luxury side of the market with Auto Remarketing this week was Jeff Gartland, director of […] [Read More]

ANKENY, Iowa — General Motors honored its best-selling GM Certified Used Vehicles dealers on Thursday, and receiving this distinction for the fourth straight year was Karl Chevrolet in Ankeny, Iowa. The store sold 1,418 CPO units last year, which topped more than 3,433 GM certified dealerships in the U.S.  "I truly believe in the strength of […] [Read More]