MISSISSAUGA, Ontario — The ADESA Canada Used Vehicle Price Index declined sequentially for the third consecutive month, as overall auction prices showed a larger than seasonally expected drop. Specifically, ADESA's data — powered by ALG Canada — indicated that the index fell 1.2 percentage points compared to November. "Another consecutive monthly decline in resale prices can be attributed […] [Read More]

RICHMOND HILL, Ontario — Although the Canadian new-vehicle market closed 2009 with a "very respectable" December, the double-digit sales increase shouldn't necessarily be overly celebrated, according to DesRoisers Automotive Consultants. During December, 111,186 new vehicles were sold in Canada, a 17.8-percent upswing from the prior-year period's rather soft numbers. "December sales were very respectable all things […] [Read More]

TORONTO, Ontario — Mercedes-Benz Canada recently rolled out its 2010 Star Dealers list, which honors the top nine of its dealers and spotlights how they how contributed to the automaker's success in the country over the last year. Mercedes-Benz Canada determines the Star Dealers, which are chosen from automaker's entire dealer body in Canada, based on […] [Read More]

ATLANTA — Global Imports BMW doesn't look like your typical auto dealership. Housed in what was formerly a set of two multi-story office buildings, the store doesn't have the conventional retail display that often characterizes dealerships in the U.S.  Sitting on a landlocked location on an access road on a major interstate in the midst of busy […] [Read More]

PALO ALTO, Calif. — High Gear Media recently revamped and again launched its primary automotive site, TheCarConnection.com, to better serve consumers. Site officials explained a major difference about their portal from others is that it can organize and display more than 2 million separate pieces of automotive content from around the Web. These pieces of information […] [Read More]

CARY, N.C. — Hundreds of dealers took part of their Tuesday afternoon to soak in valuable information and strategic recommendations from industry experts during the latest Webinar from the Auto Remarketing Training Series. Almost 800 attendees registered for the event that covered topics which ranged from best inventory management practices, how to harness opportunities at auction […] [Read More]

CARY, N.C. — For dealers looking to gain tips from executives at some of the industry's top companies, time  is running out. Close to 600 attendees have already registered for the second Webinar in the Auto Remarketing Training Series, which is free to all dealers and will be held Tuesday from 2 p.m. (EST) to 3:30 […] [Read More]

SANTA BARBARA, Calif. — ALG released its second annual Canadian Residual Value Awards on Thursday, and receiving the highest billing among mainstream brands was Subaru Canada, while Infiniti was rated No. 1 among luxury brands for the second straight year. In 2009, Honda Canada was tops in the mainstream category, while Subaru was No. 4. This […] [Read More]

MENLO PARK, Calif. — A slight drop in Canada's wholesale prices during the early part of December evolved into the sharpest decline in two years, according to the latest OPENLANE Market Index Report. The December index reading finished at 111, a 15-point plunge from the figure calculated for November. The swing also surpassed the drop OPENLANE […] [Read More]

MISSISSAUGA, Ontario — Manheim Canada recently introduced a new online sales event that can offer its customers expanded opportunities to buy and sell wholesale units. M'OVE It Fridays is a weekly event in a bid-only, short-window sale format. It is held each Friday from 10 a.m. (EST) to 2 p.m., and all of the vehicles listed have […] [Read More]