Wholesale

TORONTO, Ontario — Not only in June did Mercedes-Benz Canada record its best-ever sales month; it capped off the top quarter and half-year in the company's history. Not to mention, June was the strongest used-vehicle sales month of all time for Mercedes-Benz Canada and was part of the best-ever quarter and half-year on the used side. […] [Read More]

TULSA, Okla. — Dollar Thrifty Automotive Group is likely to take in significantly improved corporate adjusted EBITDA for the second quarter, which would mark the sixth straight time the company has seen its year-over-year gains in this metric reach double digits, according to updated preliminary estimates for the period and an updated full-year outlook released Wednesday. Specifically, […] [Read More]

IRVINE, Calif. — Mazda North American Operations introduced a new certified pre-owned vehicle program late last week that it says can generate the most value of out of used Mazdas, create an easier used-vehicle buying experience for shoppers and reduce ownerships costs, all of which can be vital selling points for dealers to bring to consumers. To […] [Read More]

TORRANCE, Calif. — Lexus officials late last week issued a response to the discovery of faulty valve springs in some V8 and V6 engines in certain Lexus models sold in the United States. The company estimated that approximately 137,000 vehicles are potentially affected in this country, including the IS 350, GS 350, GS 460, GS 450h, […] [Read More]

OAKVILLE, Ontario — Ford Motor Co. of Canada rolled out an incentive program this week that can help its dealer body boost sales.  In a deal that started Thursday and runs through Aug. 31, Ford of Canada dealers can offer shoppers Ford Employee Pricing on most of the Ford and Lincoln brands' 2010 and 2011 lineups.  […] [Read More]

TORONTO, Ontario — Another lender has become part of RouteOne Canada, the company revealed earlier this week. Added to the network was TD Financing Services, which is adding its prime lending program to its offering on RouteOne. And the addition certainly has benefits for dealers, said RouteCanada's leadership. "The addition of TD Financing Services' prime program greatly […] [Read More]

RED DEER, Alberta — Canadian auto lender RIFCO said its fiscal year that ended March 31 marked the fourth straight time the company has enjoyed annual profits, though this net income was down from the prior-year period.  More specifically, the company reported net income of $308,962 for the fiscal year, which is 78.2 percent softer compared with $1.42 […] [Read More]

WASHINGTON, D.C. — Even after multiple delays, the government is apparently not yet ready to enforce the Red Flags Rule. Another postponement for enforcement was issued on Friday after several members of Congress urged the Federal Trade Commission for yet another delay. [Read More]

SAN DIEGO — After revealing in late May that it would be offering free auto accident reports via mobile devices through the end of June, instaVIN announced Thursday that this special deal is now good until July 31. How does this work? To find out the accident history of a particular vehicle, users can text the […] [Read More]

VANCOUVER, Wash. — FinishFirst Auto Appearance Inc., a company that specializes in paint reconditioning services designed to help dealers get used vehicles ready for sale, is offering franchise opportunities. Specifically, the company is inviting "auto industry enthusiasts and entrepreneurs alike" to become part of the team. "As the automobile industry has evolved over these most recent […] [Read More]