Wholesale
Dealers Need to Comply with Revamped Harmonized Sales Tax
Friday, Jul. 23, 2010, 12:00 PM
Auto Remarketing
TORONTO, Ontario — The Used Car Dealers Association of Ontario recently released a Dealer Alert explaining how the new Harmonized Sales Tax laws impact sales and leases to Status Indians. UCDA stressed to dealers that for a two-month period that began July 1, there will be a 13-percent HST applied to sales and leases to Status […] [Read More]
Kia Canada Launches New Marketing Campaign
Friday, Jul. 23, 2010, 11:59 AM
Auto Remarketing
MISSISSAUGA, Ontario — Kia Canada has rolled out a new marketing campaign designed to not only spotlight the new design of its lineup and the progression of the Kia brand, but also share how the automaker has helped out in the community. The multimedia "Drive Change" campaign is spread across television, the Web, billboard, cinemas, newspapers and magazines. Furthermore, […] [Read More]
Mitsubishi of Canada Raises Six Figures for Right to Play Charity
Friday, Jul. 23, 2010, 11:58 AM
Auto Remarketing
MISSISSAUGA, Ontario — Following a three-month campaign to raise funds for an international charity focused on offering sports and play programs designed to help children and communities in need, Mitsubishi Motor Sales of Canada said it was able to donate more than $458,000. From April through June, the company gave $100 to the Right to Play charity for every vehicle its dealers sold. Combined with what Mitsubishi […] [Read More]
Paragon Auto Group Offers Cash for Clunkers II
Thursday, Jul. 22, 2010, 01:58 AM
Auto Remarketing
NEW YORK — A year after the Cash for Clunkers program launched, Paragon Auto Group has rolled out a new stimulus program that gives shoppers $3,800 to trade in their old ride for a new or used vehicle with better fuel economy. Paragon Honda-Acura's Cash for Clunkers II is the latest of such endeavors involving the company. […] [Read More]
AutoUSA Says Dealers Finding Ways to Get the Most Out of Leads
Wednesday, Jul. 21, 2010, 12:00 PM
Auto Remarketing
FORT LAUDERDALE, Fla. — More and more dealers are utilizing leads beyond just looking at them as potential buyers of used or new vehicles. In fact, an AutoUSA study released Wednesday found that almost half (47.6 percent) share service marketing messages with these potential prospects. "In the past, dealers may have believed that the value of […] [Read More]
OPENLANE, HomeNet Partner to Help Dealers Move Aged Inventory
Wednesday, Jul. 21, 2010, 11:58 AM
Auto Remarketing
REDWOOD CITY, Calif. — OPENLANE and HomeNet Automotive entered into a partnership Wednesday with short-term incentives geared to help dealers list and move their aged inventory on the wholesale market. Dealers using HomeNet's flagship product — the Inventory Online Internet Marketing Suite — can publish used-vehicle inventory on OPENLANE's Open Auction. Officials contend the listings can assist these […] [Read More]
POADA Webinar Offers Dealers Detailed Inventory Recommendations
Wednesday, Jul. 21, 2010, 01:59 AM
Auto Remarketing
CARY, N.C. — Dealers and used-car managers who missed the chance to listen in and ask questions to a trio of wholesale market experts about how new-vehicle conditions are spilling over into the pre-owned space should not be frustrated. An archived copy of Tuesday's Pre-Owned LIVE, a monthly series hosted by the Pre-Owned Automobile Dealers Alliance, is […] [Read More]
Carfax Says Millions of Unrepaired Recalled Vehicles Sold Last Year
Tuesday, Jul. 20, 2010, 01:58 AM
Auto Remarketing
CENTREVILLE, Va. — Carfax attempted to pinpoint how many used vehicles went up for sale in 2009 that were part of a manufacturer recall but never repaired. The vehicle history report provider revealed on Monday that at least 1.4 million used units fell into this category, according to a study Carfax conducted. The study also indicated […] [Read More]
GWC Expands Coverage to Include Medium-Duty Trucks
Tuesday, Jul. 20, 2010, 01:56 AM
Auto Remarketing
AVOCA, Pa. — Service contract provider GWC revealed recently that it is now offering coverage on medium-duty trucks. The Medium Duty Truck Protection Plan is offered on trucks whose gross vehicle weight rating is 19,500 pounds or less. Various vehicles are included in the plan, including everything from small dump trucks to refrigerated and box trucks. […] [Read More]
ADESA Canada Index Up Again, but Used Prices Still Soft
Friday, Jul. 16, 2010, 12:00 PM
Auto Remarketing Editor Joe Overby
MISSISSAUGA, Ontario — June marked the second straight month of sequential gains in the ADESA Canada Used Vehicle Price Index, as the softening in used prices was not as strong as anticipated. Specifically, ADESA's data — powered by ALG Canada — indicates that there was a 0.6-point month-over-month rise in the index in June on a seasonally adjusted basis. […] [Read More]