MISSISSAUGA, Ontario — The ADESA Canada Used Vehicle Price Index declined month-over-month for the sixth straight time during March, and auction prices saw a slim decline during the month, which normally shows a moderate gain. More specifically, ADESA's data — powered by ALG Canada — indicated that the March index fell roughly 0.1 percentage points (seasonally adjusted) from the […] [Read More]

TORONTO, Ontario — Pay extra careful attention to your advertising these days to ensure it is compliant, the Used Car Dealers Association of Ontario warned this week. The Ontario Motor Vehicle Industry Council is cracking down on violations of the Motor Vehicle Dealers Act's advertising requirements, as 75 dealers have been issued summons to appear in […] [Read More]

EDMONTON, Alberta — AutoCanada has strengthened its presence in the Toronto area, as the company recently bought a Hyundai store in Mississauga, Ontario. It has finished the purchase of assets of the store that was formerly known as Future Hyundai. Going forward, it continues as 401/Dixie Hyundai. There is space for eight service bays and a […] [Read More]

DETROIT — General Motors and Carfax entered into an agreement this week to aid dealers, owners and potential buyers about rectifying unrepaired safety, non-compliance and emission recalls. GM executives explained that they're providing millions of vehicle identification numbers to Carfax for units with open recalls. Brands include Chevrolet, Buick, GMC and Cadillac as well as ones […] [Read More]

CHICAGO — As the Internet becomes more of an integral part of the auto research and purchasing processes, online strategies often play a major role in how successful a dealer is in the used-car market. With that in mind, during next week's Digital Dealer Conference and Expo in Orlando, Fla., a pair of FirstLook executives will […] [Read More]

SANTA MONICA, Calif. — TrueCar.com analysts completed a study on Wednesday that made the correlation between new-vehicle sales and major macroeconomic indicators of a strong or weak economy. According to the study, some automakers are more dependent on a strong economy. TrueCar.com determined that General Motors and Chrysler are consistently dependent on a solid economy for strong […] [Read More]

DETROIT — General Motors made a new appointment to its board of directors earlier this week. The automaker added Dr. Cynthia Telles, who has been on the faculty of the University of California, Los Angeles School of Medicine, Department of Psychiatry since 1986 and is currently the director of the UCLA Neuropsychiatric Institute Spanish-Speaking Psychosocial Clinic. […] [Read More]

WASHINGTON, D.C. — A Wyoming used-vehicle dealer convicted of 11 counts of deception-related felonies was sentenced to more than three years of prison and another three years of supervised release, the Justice Department announced this week. Randy Lee (aka Jimmy Lee) was found guilty of five counts of odometer tampering, five counts of securities fraud related […] [Read More]

MIAMI — Apparently, more consumers are looking to escape their leases to take advantage of the strong incentive deals now available in the market, according to LeaseTrader.com. Drivers who entered leases after the credit collapse generally signed up for contracts that didn't include much in the way of incentives or aggressive pricing, officials pointed out. Now […] [Read More]

ATLANTA — After moving up the previous leader of its Canadian business segment earlier this year to a newly created position in America, Manheim recently welcomed a new vice president of operations for Manheim Canada, promoting Brad Hart to the position from his prior post as general manager of Manheim Toronto. Auto Remarketing Canada learned this […] [Read More]