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]

IRVINE, Calif. — Analysts from Kelley Blue Book believe the effects from generous incentives handed out by several automakers in recent weeks are spilling into the used-vehicle market. An example from the May edition of the Blue Market Report showed how shoppers enticed by new-vehicles incentives are mulling another option. More buyers are considering that for the […] [Read More]

IRVINE, Calif. — Kelley Blue Book rolled out a new Certified Pre-Owned Vehicle Value late last week to its lineup of values as well as a devoted CPO section on Kbb.com. The goal of the CPO Value program is to show shoppers the benefits of buying certified as well as to demonstrate the premium costs involved […] [Read More]

McLEAN, Va. — NADA University has two free upcoming training events for dealers focused on federal health-care reform and inventory marketing. The sessions are available through its monthly mini-Webinar series MarketINSIGHT. Since sweeping health care reform pushed its way through Congress and the White House, NADA officials wanted to keep dealers informed. The Webinar "Federal Health Reform: Changes Aplenty for […] [Read More]

OTTAWA, Ontario — The Canadian new-vehicle marketplace has started off 2010 on the right foot and will likely see a full-year lift in sales somewhere between 5 percent and 6 percent compared to a weak 2009, according to Michael Hatch, chief economist for the Canadian Automobile Dealers Association. During a conference call earlier this week, Hatch said […] [Read More]

TORONTO, Ontario — Used Car Dealers Association of Ontario members can now easily reach a wider array of shoppers thanks to a vehicle search site via www.ucda.ca introduced earlier this week. The search site was launched in conjunction with UCDA's new ad campaign, which helps member dealers by encouraging shoppers to buy from dealers who show […] [Read More]

RICHMOND HILL, Ontario — New-vehicle sales in Canada climbed 4 percent during April, but the market so far in 2010 is largely divided between haves and have-nots, as some automakers have managed to thrive, while others have struggled due to "very different reasons," according to DesRosiers Automotive Consultants.   Company president Dennis DesRosiers also urged caution when looking […] [Read More]

WASHINGTON, D.C. — The parade of recalls coming through the National Highway Traffic Safety Administration's Office of Defect Investigations continues. This time, one involves General Motors and the Hummer H3. Officials indicated on Wednesday that GM is recalling this Hummer unit from the 2006 to 2010 model-years to rectify a condition involving clip-tabs on the hood […] [Read More]

TORRANCE, Calif. — Toyota executives had some positive news to share on Wednesday regarding ongoing recalls for its various Toyota and Lexus models. To date, the automaker highlighted that more than 3 million remedies have been performed for three recent recalls. The company gave an approximate breakdown of how it compiled that figure: —1.6 million to […] [Read More]