MISSISSAUGA, Ontario — The ADESA Canada Used Vehicle Price Index continued to soften during April, as once again, auction prices showed an uncharacteristic slowdown. More specifically, ADESA's data — powered by ALG Canada — indicates that there was a 0.6-percentage-point dip, seasonally adjusted, in the index in April as compared to March.  The index has shown month-over-month declines […] [Read More]

BANDON, Ore. — CNW Research recently discovered that used-vehicle leases climbed in April, marking the first significant upward movement since July of 2009. The firm indicated nearly 80,000 used vehicles were leased last month, calculating that figure to be about 3 percent higher than the April total from a year ago. CNW president Art Spinella shared […] [Read More]

TORRANCE, Calif. —  The troubles continue to mount for Toyota. Responding to reports out of Japan that parent company Toyota Motor Corp. will pull certain Lexus LS models across the world due to steering system issues, Toyota North America released a statement Wednesday saying a U.S. recall of the vehicle has been planned for Friday. This move […] [Read More]

GURNEE, Ill. — A Chicago-area Ford dealership's recent Drive-a-Thon, which let high school students test drive new Ford models, raised "significant" funds for the sports boosters club at a local high school. Last month, Gurnee Ford Lincoln Mercury's three-day event allowed high-school students to take one of nine new models from Ford for 10-minute spin. For […] [Read More]

IRVINE, Calif. — This week, executives from Kelley Blue Book marked the official launch of its free application for the iPhone, an app that's actually been live on the Apple iTunes Store since late April. However, they wanted to highlight the capabilities of the application as well as the automaker that plans to serve as a platform […] [Read More]

DALLAS — SuperMedia recently entered into a partnership with the Oodle Network to boost the online presence of its dealer-provided listing Web site EveryCarListed.com. Executives explained the new agreement means dealer clients who push their inventory listings out through EveryCarListed.com can receive priority placement on the Oodle Network. They indicated that Oodle's connections reach social media […] [Read More]

BLOOMFIELD HILLS, Mich. — Penske Automotive Group this week announced the opening of two more luxury brand dealerships to expand its market presence in northern Virginia and Washington, D.C. The group rolled out two dealerships in Chantilly, Va., an Audi store and a Mercedes-Benz rooftop. Executives pointed out that these new operations are located about 16 […] [Read More]

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]