CENTREVILLE, Va. — Carfax has rolled out the second installment of its national "Show Me the Carfax" TV ad campaign to help steer shoppers to stores that provide Carfax Vehicle History Reports.  And playing a major role in the advertising efforts will be a furry, four-legged friend: Car Fox.    The fox character first appeared as a puppet […] [Read More]

IRVINE, Calif. — CDMdata has rolled out a new Pre-Owned Classified Package on Kbb.com's The Trusted Marketplace that can help CDM dealer customers increase the exposure of their used-vehicle inventory and connect with potential buyers. The program allows dealers to generate phone and e-mail leads directly from in-market shoppers and also provides dealers with a customizable "Storefront" on […] [Read More]

TORONTO, Ontario — Saab is officially back in the Canadian market and, apparently, dealers are already looking to join the automaker's network. Saab Cars North America and International Fleet Sales revealed earlier this week that they are working together to determine how vehicles will be brought into Canada and delivered to dealers. This import and delivery process […] [Read More]

EDMONTON, Alberta — AutoCanada Inc. continued the momentum it started late last year and finished the first quarter of 2010 with net earnings that were up more than 27 percent from the year-ago period.  The company also resumed payment of quarterly dividends. Specifically, AutoCanada's first-quarter net earnings totaled $1.4 million, a 27.2-percent upswing from $1.1 million […] [Read More]

EDMONTON, Alberta — Carfinco Income Fund got 2010 off to a strong start, posting record net earnings for the fourth consecutive quarter. The company's $3.6 million in first-quarter net earnings beat the previous record — which was set in the fourth quarter of 2009 — by 37.1 percent. Not to mention, it marked a 365.1-percent rise in net […] [Read More]

WASHINGTON, D.C. — Debate over creation of the Bureau of Consumer Financial Protection intensified as the U.S. Senate neared a vote to consider an amendment many argue is paramount to sustaining current dealer operations nationwide. Late Wednesday, the White House joined the fray, releasing a statement that did not sit particularly well with the National Automobile Dealers Association. President Obama declared […] [Read More]

CHICAGO — Cars.com is gathering a panel of experts and dealer executives for its next free DealerADvantage Live Webinar. The event, titled "The Price is Right," will share discuss tactics and tools dealers can use to price and stock their inventory competitively. It is set for noon (EST) on Friday. The list of Webinar presenters includes Pat […] [Read More]

RALEIGH, N.C. — Chris Leith Performance Car & Truck Division is hosting an event this weekend at the 2010 Raleigh Classic Car Auction where auto enthusiasts can meet legendary former racing driver Steve Saleen, who is the founder and former vice chairman of Saleen Inc. Until 2009, Saleen Inc. manufactured such specialty vehicles as the highly […] [Read More]

CARY, N.C. — Dealers have seen tight wholesale inventory and rising prices for months. How does management ensure the right vehicles are on the lot at the right price? The Pre-Owned Automobile Dealers Alliance is looking to help dealers answer those questions before going to auction. A free Webinar to provide some answers to this question and […] [Read More]

TORRANCE, Calif. — The certified pre-owned segment showed year-over-year gains for the second straight month in April after 13 consecutive months of declining sales, and one automaker, in particular, seems to be moving out of doldrums after some especially challenging issues earlier in 2010. Overall, there were 144,117 certified pre-owned units sold throughout the industry, according […] [Read More]