If the December numbers for Costco Auto’s certified pre-owned and select pre-owned programs were very good, the January numbers were eye-popping. After demand for CPO and SPO vehicles held steady through much of 2025, Costco reported a strong 10% year-over-year jump in December. That jump transformed into a giant leap in January, when Costco member […]

Canadian dealers, franchised and independent, are facing a volatile supply environment and compressed profit margins across multiple fronts.  And more than ever, add-ons and F&I offerings are integral to dealership bottom lines. When done well, the business office often drives repeat sales while building trust and reinforcing its individual brands as a dealer. Jake Stacey, […]

Penske Automotive persevered through a challenging fourth quarter of 2025, and the company’s used-vehicle business was no exception. “Used-vehicle sales continue to be constrained by fewer lease returns and affordability,” said Rich Shearing, North American operations officer for Penske Automotive Group. Shearing made that comment during Penske’s fourth quarter 2025 earnings call last week. He […]