Wholesale

SALT LAKE CITY — DrivingSales.com recently revealed the keynote speaker for the second annual DrivingSales Executive Summit. Giving the address will be Jeremiah Owyang, a popular media analyst, blogger and Web strategist. Owyang, who is a partner at digital strategy advisory firm Altimeter Group, writes a Web Strategy blog that delves into ways corporations can utilize Web technologies […] [Read More]

MILWAUKEE — A 25-year-old Milwaukee man who thankfully survived a 20-foot drop into a downtown sinkhole while driving his black 2007 Cadillac Escalade got a helping hand from a local Cadillac dealer and the brand's certified pre-owned program after his SUV was totaled in the accident. An onlooker helped Lance Treankler out of the sinkhole, and […] [Read More]

ORANGE COUNTY, Calif. — Five courses aimed to provide salespeople with greater tools on closing the deal in today's market have been added to Joe Verde's virtual sales training site. The shorter installments now included in the Joe Verde Training Network are under the title, "The Mini-Series Collection." Verde said the focus is on the selling skills dealership staff […] [Read More]

CARY, N.C. — While listening to the insight from a single speaker at a conference certainly can prove to be highly beneficial, industry professionals can also learn a great deal when a presentation has more of a conversational approach with several executives sharing their input.  Bearing that in mind, a key lineup component at this fall's National […] [Read More]

BANDON, Ore. —  Based on how the market performed in the first half of the month, used-vehicle sales for August are expected to climb almost 5 percent year-over-year, with the upswing in used sales for independents serving as a key catalyst, according to CNW Research. The same can't be said for the sequential comparison of used-vehicle transaction pricing, […] [Read More]

CARMEL, Ind. — Hertz Corp. and Dealer Services Corp. of Indiana announced Monday a new partnership designed to benefit DSC customers by offering another avenue to purchase inventory. Through the partnership DSC customers will have the opportunity to purchase wholesale vehicles directly from Hertz's national fleet of cars, trucks and SUVs by contacting their local sales […] [Read More]

SANTA MONICA, Calif. — The average used-vehicle retail transaction price during July was up double-digits from a year ago, with a few individual models — mostly SUVs and crossovers — showing hikes of more than 30 percent, according to Edmunds.com. Specifically, transaction prices for three-year-old used vehicles in July averaged $19,248, which marks a 10.3-percent year-over-year uptick. "Consumers […] [Read More]

MISSISSAUGA, Ontario — While there was still softness in wholesale values during July, they were stronger than anticipated, which pushed the ADESA Canada Used Vehicle Price Index to a sequential upswing for the third straight month. More specifically, ADESA's data — powered by ALG Canada —shows that there was a 0.8-point month-over-month increase in the index on a […] [Read More]

BLOOMFIELD HILLS, Mich. — While the Vancouver 2010 Winter Olympics may have been viewed by most as a sporting and cultural gathering lasting 17 days, QEK Global Solutions' Canadian operations just recently wrapped up its Olympiad duties. QEK Canada managed the fleet of vehicles used by the Vancouver Olympic Committee, and finished putting all vehicles out […] [Read More]

OTTAWA, Ontario — In an effort to support the nation's military, the Acura Dealers of Canada are sponsoring a rally car that will be driven by two disabled Canadian Forces soldiers in the Targa Newfoundland international car rally. The pair is attempting to raise $150,000 through the race for the Soldier On Fund, which is a […] [Read More]