MISSISSAUGA, Ontario — January marked the fourth straight month of sequential declines for the ADESA Canada Used Vehicle Price Index, as the anticipated seasonal upswing in values never came to fruition. Resale prices were pushed downward by dealers' excess inventory of both new and used vehicles, officials pointed out. Specifically, ADESA's data — powered by ALG Canada — indicated […] [Read More]

TORONTO, Ontario — The Automobile Journalists Association of Canada announced the winners in its 2010 Canadian Car of the Year program Thursday at the Canadian International Auto Show in Toronto. Taking the spot as Canadian Car of the Year was the Volkswagen Golf GTI, while the Canadian Utility Vehicle of the Year award went to […] [Read More]

CARY, N.C. — Cherokee Automotive Group, publishers of the Auto Remarketing and SubPrime Auto Finance News media brands, conferences and owner of the Pre-Owned Auto Dealers Alliance, has announced the latest in its series of automotive industry events: The Automotive Economic Forecast & Financial Forum,  to be held May 10-11, 2010 in Chicago. The event is […] [Read More]

CHICAGO — Despite the manufacturer's recent issues, IntelliChoice.com picked four Toyota brand vehicles and one Lexus unit as overall winners in its annual Best Overall Value of the Year Awards. The honored Toyota vehicles included the Prius as the Best Car Value Under $24,000, the FJ Cruiser as the Best Crossover/SUV Value Under $28,000, the Tacoma as […] [Read More]

SANTA MONICA, Calif. — The ongoing turmoil surrounding Toyota prompted Edmunds.com analysts to alter its sales forecast for 2010, sliding the automaker out of the second position in the U.S. Edmunds.com said recalls will push Toyota's market share from 17.57 percent down to 16.45 percent. "The recall will cost Toyota more than a full percentage point […] [Read More]

CARY, N.C. — Generating a great deal of interest on AutoRemarketing.com this week and topping the list of most-read stories on the site was an article about the launch of a mobile version of the Manheim Market Report. A list of vehicles that Kelley Blue Book editors have a "crush" on also sparked plenty of reader interest, […] [Read More]

AUBURN HILLS, Mich. — Chrysler rolled out a new program for customers who trade in a competitive product and purchase a 2010 Chrysler Town & Country or Dodge Grand Caravan. Consumers can drive the vehicle risk-free for 60 days and return it to the brand dealer if they're not satisfied. The automaker said this program, the "Minivan […] [Read More]

OWINGS MILLS, Md. — MotorWeek, an auto news magazine show on Maryland Public Television, unveiled its 2010 Drivers' Choice Awards and the choice for Best of the Year has been in the news recently for other reasons. Producers of the long-running TV show announced the top honor went to the Toyota Prius because they stressed the vehicle […] [Read More]

DELRAY BEACH, Fla. — Thanks to a recent partnership, dealers using DMV Nationwide, a Web site that lets dealers calculate taxes and fees for all 50 states, can now access Carfax Vehicle History Reports while simultaneously utilizing DMV Nationwide's services. In other words, dealers can log into www.dmvnationwide.com and run a Vehicle History Report on a […] [Read More]

ATLANTA — Manheim unveiled a mobile version of its Manheim Market Report that is designed to provide "on-the-go" dealer customers with access to wholesale vehicle pricing data and research regardless of their location. Officials said mobile MMR — which is available at m.manheim.com on most mobile devices — is viewable through Web browsers on most major handheld devices and […] [Read More]