The Presidio Group’s Automotive Retail Buy-Sell Report reinforced why executives from Sonic Automotive, Lithia Motors and Penske Automotive Group talked about potential store acquisition so much recently. Report authors said lift in dealership buy-sell activity is being driven by a rising economy, higher dealership profits and attractive borrowing terms for dealership buyers. After the first […] [Read More]

Edmonton-base dealership group Go Auto announced this week it has opened a new luxury location. The new store, Infiniti South Edmonton, complements the services of Ericksen Infiniti (located on the north side of the city), the company said. With this addition, the Western Canada Go Auto dealership group now has over 30 locations and an […] [Read More]

As its report highlighted the latest battle between popular vehicle segments, Dataium’s newest Automotive Shopper Intensity Index ticked up 0.14 percent in March. As a result, the aggregator of in-market automotive shopper behavior projected the U.S. retail new-vehicle SAAR in April to be 12.3 million units. In March, analysts found the truck, sedan and compact […] [Read More]

Polk recognized four employees on Monday for their commitment and contributions within the global automotive market intelligence company and appointed them to new roles within the organization. Among the developments, Marc Bland, diversity and inclusion; Theresa Gorman, sales and client services for the Eastern region; and Anthony Pratt, forecasting for the Americas, have been promoted […] [Read More]

More evidence of just how long in the tooth the fleet of vehicles in operation is nowadays arrived through a new AutoMD.com survey, showing how much service work might be in the market. The site broke down its survey results by categorizing DIYers (do it yourselfers) and DFMers (do it for me’s).  Among DIYers, 44 […] [Read More]

Planning on attending the Used Car Week 2013 conferences? Attendees are in for a treat, as the Used Car Week Golf Outing will be held this year at Torrey Pines'  highly acclaimed South Course. Located in La Jolla, Calif., Torrey Pines Golf Course (http://www.torreypinesgolfcourse.com/_tpgallery/about.htm) sits on the coastal cliffs overlooking the Pacific Ocean. The golfing […] [Read More]

As the 2013 Auto Remarketing Canada conference, presented by CarProof, was wrapping up this past Tuesday evening, positive testimonials and feedback were already rolling in from the record 586 attendees that headed to the Fairmont Royal York in Toronto.  Over half of these attendees were dealers, with the remaining number including representatives from almost every […] [Read More]

When it comes to vehicle condition, “average” may suit many used-car shoppers just fine — and it appears that dealers have taken notice. Black Book has found that demand for average condition vehicles has climbed in the auction lanes as compared to clean condition vehicles. In fact, Black Book’s Ricky Beggs said in the analysis […] [Read More]

Easing fuel costs are causing asking prices for some used full-size SUVs — the Chevrolet Tahoe and Suburban in particular — to rise, according to analysis from Cars.com. Among the 10 used models with the biggest price increases this month, the average asking price for Suburbans shot up 19 percent or nearly $7,000 to $43,407 […] [Read More]

As a recent blog entry from General Motors put it, modern cars are complex machines and even the best-trained dealer technicians need help on occasion with tough service issues they encounter. In its latest “Faces of GM” video blog, the company spotlights the work of its in-house Technical Assistance Center, led bymanager Dale Hall. “This […] [Read More]