AutoCanada announced Monday it has completed its purchase of British Columbia-based collision center PG Klassic Autobody. The Prince George body shop facility is more than 20,000 square feet and is close to AutoCanada’s Northland Chrysler Dodge Jeep Ram, Northland Hyundai, and Northland Nissan stores. AutoCanada is expanding its collision center footprint to align with its […] [Read More]

ADESA Canada announced Tuesday that it has expanded sales on the Simulcast+ platform, giving dealers across the country more “access to exclusive inventory.” These additional sales will run online at 10:30 am (EDT) Monday through Friday. The inventory will be sold in open auctions and include over 60 first-run off-lease vehicles from leading consignors in […] [Read More]

Two of the sharpest tools buy-here, pay-here operators can use to mitigate their risk are GPS devices and license-plate recognition technology. With the pandemic still significantly impacting just about every aspect of life nowadays, BHPH Report reconnected with two top executives from companies that specialize in these technologies. Jeremiah Wheeler is executive vice president and general […] [Read More]

The three largest credit bureaus extended free weekly availability of credit reports for another year to help consumers across the country manage their financial health during the ongoing hardship caused by COVID-19. However, the Consumer Financial Protection Bureau also is returning to the pre-pandemic level of intensity in monitoring the data and information furnishers send […] [Read More]

The portfolio for Jim Ellis Automotive Group now includes the Mercedes-Benz brand. The group, which operates dealerships in Atlanta and surrounding areas, has acquired its 20th dealership, 16th brand and first dealership in the south Atlanta area: Mercedes-Benz of Atlanta South. New and existing customers will soon be able to shop for their new or […] [Read More]

Last week, Mike Albert enhanced its vehicle subscription service — Subscribe with Mike Albert — an initiative first rolled out in August. Along with its other three subscription options, Mike Albert customers now can take advantage of an electric vehicle membership plan According to a news release, the EV membership plan will feature the Tesla […] [Read More]

TrueCar released the eighth wave of its study on the pandemic’s impact on vehicle shopping and vehicle shoppers’ needs, noting that concerns about future potentially diminished income are now a top factor in deterring a vehicle purchase. Meanwhile, the threat of catching or spreading COVID-19 while shopping as a factor discouraging a vehicle purchase is […] [Read More]

With wholesale values surging each week during the month, it probably comes as no surprise that the Black Book Used Vehicle Retention Index for March set a new record. Black Book reported on Monday that its index reading came in at 141.2, representing an 8.9 point (or 6.7%) increase from February. Analysts also noted the index currently stands 23% above […] [Read More]

Market Scan Information Systems promoted one of its executives on Friday, as the enterprise solutions and data provider continues to expand its offerings to OEMs, finance companies and credit unions. Promoted to be head of data partnerships is Jose Galvan, who has been with the company for more than 20 years and now will be […] [Read More]

Now with the pandemic showing a few signs of abating, perhaps normal activities involving the leasing of vehicles can resume, if they haven’t already in some locations and dealerships. As new-vehicle lease opportunities compete against aggressive financing incentives for new-model buyers, J.D. Power indicated that executing effective lease retention and conquest strategies will be critical […] [Read More]