CHICAGO — FirstLook is rolling out an upgrade to its Market Smart Inventory Management System that can help dealers spot the best-selling models in their respective markets while also providing information about scarce or over-supplied units, as well. The Market Velocity Stocking Guide will be introduced at the upcoming 2010 National Automobile Dealers Association Conference and […] [Read More]

IRVINE, Calif. — Although the automaker has thrived on its reputation for "quality," Toyota's recent recall has the potential to spiral into significant downward pressure on used values for the brand, according to Kelley Blue Book analysts. As of the end of last week, KBB had already cut the values of the affected models anywhere from […] [Read More]

ATLANTA — After hitting its highest level in almost two years during the final month of the third quarter, the Manheim Canada Used Vehicle Value Index was pushed down by seasonal softening to close the year, according to the company's latest Canadian Automotive Brief. "Even with a reduced volume of higher-priced factory units, the Manheim Canada […] [Read More]

HALLANDALE, Fla. — After making its U.S. debut in the Miami area in September, H. Grégoire, a Canadian used-car superstore company based out of Quebec, said it has made significant progress in its end-to-end service, which helps Canadians to buy vehicles in the U.S. "Many Quebecers from all parts of the province are delighted to have […] [Read More]

MONTREAL, Quebec — RouteOne Canada announced recently that its integration with Serti Informatique's dealer management system — known as SDS — has been completed. Basically, this can help RouteOne dealers who use Serti to become more efficient. Officials said this allows them to transfer deals that were entered into SDS directly into RouteOne, meaning they can avoid having to retype […] [Read More]

DETROIT — Giving its dealers another used-car selling point, GM Certified Used Vehicles rolled out a new nationwide incentive earlier this week on GM Certified Pontiac G6 models through GMAC Financial Services. In a program that began Tuesday and runs through March 31, GMAC is providing 3.9 percent APR financing for up to 60 months on 2005-2010 certified […] [Read More]

RICHMOND, Va. — Halfway through a campaign utilizing Twitter, CarMax executives hailed the growth of followers they now have through the social networking site. CarMax indicated that its audience through Twitter has more than tripled since the campaign "Tweet Yourself to a New Ride" launched on Jan 4. The company has more than 5,700 new followers. Executives said that […] [Read More]

CARMEL, Ind. — ADESA announced that its information services subsidiary, AutoVIN, reached a new marketing agreement. The deal with Sword Apak is meant to join the companies' resources to raise awareness of each other's products and services, as well as referring prospective customers. Part of the Sword Group, Sword Apak has more than 30 years of […] [Read More]

LAKE SUCCESS, N.Y. — When the National Automobile Dealers Association Conference and Expo kicks off late next week, DealerTrack said is providing dealers with an additional benefit on top of the "Stimulus Package" that NADA is offering. As some may know, NADA is providing attending dealers and managers at the conference with a $200 voucher during registration […] [Read More]

ORLANDO, Fla. — As Toyota dealers scramble to respond to all the customer inquiries about potential pedal problems for their vehicles, ActivEngage announced it is providing stores with another way to communicate the latest news as it comes out from the automaker. Basically, via the company's live chat platform, dealers can now share recall information with their […] [Read More]