Canadian Black Book unveiled its Best Retained Value Awards for 2011 this week, and taking home the most honors yet again was Toyota/Lexus. The awards are spread across 17 segments and examine 2007 model-year units. Canadian Black Book determines the winner in each segment based on which model in the specific vehicle class has held its value […] [Read More]

A pair of Japanese brands has swept the top honors yet again in ALG’s Canadian Residual Value Awards, which were revealed Thursday. For the second straight year, the top overall award for mainstream brands went to Subaru, while Infiniti took top honors in the luxury category for the third consecutive year. This is the third […] [Read More]

Two sets of workshop sessions will bookend the events at the 2011 Auto Remarketing Canada Conference, which will be held April 12-14 at the Hyatt Regency Toronto. These concurrent workshops will feature a variety of speakers and topics, including “Higher Profits in Used Car Sales,” which will be presented by Geoff Helby, of J.D. Power’s […] [Read More]

While some analysts believe Chrysler and Volkswagen received the most consumer traction through their Super Bowl advertisements, an aggregator of Internet automotive shopping activity tells a different story. Dataium’s promotional impact charts say BMW actually benefited more. Why? Dataium explained that its analysts measured shopping, inventory search and lead activity of more than 3 million […] [Read More]

J.D. Power and Associates released a list Thursday of the 40 brands — spread throughout several industries, including the automotive field — that it considers as having the strongest customer service practices. Companies from more than 20 industries are represented and several of these winners are from the auto industry. In fact, five were automakers, those being […] [Read More]

In the wake of a slew of challenges — including automaker bankruptcies, brand elimination, network consolidation and arbitrations, as well as a rough economy — dealership attrition finally calmed down in 2010 and approached what it is considered the “normal” level, according to the 2010 Automotive Franchise Activity Report from Urban Science. In other good news […] [Read More]

Along with some surprising price movement for certified pre-owned models, AutoTrader.com noticed interesting consumer trends although fuel prices are on an upward track. According to AutoTrader.com’s January Trend Engine Report, trucks and SUVs accounted for 12 of the top 20 most-searched used vehicles, 11 of the top 20 most-searched CPO models and nine of the […] [Read More]

The automaker whose average discounts in February are showing the strongest month-over-month growth is Nissan, which replaced Mercedes-Benz at the top of the list, according to the latest TrueTrends Reports from TrueCar.com. So which day this month is believed to be the most ideal for car buying?. According to the analysis, Feb. 26 tops the […] [Read More]

With Monday being Valentine’s Day, CarGurus.com ranked the vehicles most preferred by men versus women, as well as units equally popular with both genders. Normal 0 false false false EN-US [Read More]

Sparked again by the appeal of certified pre-owned units, CNW Research projected February used-vehicle sales to post a healthy year-over-year gain, strengthening an already solid foundation for the industry to reach at least 39 million units for the year. CNW thinks February used sales could climb to 1.75 million units, a figure that would represent […] [Read More]