Wholesale

DETROIT — To help dealers capitalize on the arrival of the spring season that may bring shoppers interested in the certified pre-owned segment, GM Certified Used Vehicles has rolled out special financing from GMAC Financial Services on select Pontiac G6 and Chevrolet Malibu models.  Specifically, qualifying shoppers can receive 3.9-percent APR financing for up to 60 months […] [Read More]

ATLANTA — Sharing some positive news, AutoTrader.com president and chief executive officer Chip Perry said he connects the increased activity his site witnessed in March on used full-size trucks as an indication of an upward turning economy. More specifically, Perry indicated that growth in used inventory searches for the Dodge Ram 2500 and Ford F-250 were up by […] [Read More]

BETHESDA, Md. — The Automotive Aftermarket Industry Association recently released some preliminary data from its annual Aftermarket Factbook. Among some of the findings was a jump expected this year in U.S. motor vehicle aftermarket sales. How big is the jump? 3.8 percent. Association analysts attributed the increase partly to anticipated pent-up demand for vehicle maintenance and […] [Read More]

MONTVALE, N.J.  — Certified pre-owned sales during March showed a year-over-year increase for the first time since January 2009, and several automakers posted record sales. Specifically, there were 145,157 certified units sold, a 7.3-percent increase over March 2009, according to Autodata Corp. statistics. This upswing ended a string of 13 consecutive months of year-over-year sales declines. […] [Read More]

PITTSBURGH — A recent survey completed by Women-Drivers.com analyzed the purchasing experiences of women at a dealership in two categories — women older than 40 and younger than 40. Which group had the more enjoyable experience? Turns out, the site found that female buyers older than 40 had a better overall dealership experience. The positive percentage for […] [Read More]

REDWOOD CITY, Calif. — Dealix, a division of Cobalt, on Wednesday announced that it has continued to enhance UsedCars.com since the company re-launched the site last year. The latest new feature, "My Account," is a tool that can allow vehicle shoppers to filter their searches more thoroughly. Site officials explained that consumers can utilize UsedCars.com's advanced search filters […] [Read More]

WASHINGTON, D.C., and BANDON, Ore. — Although used-vehicle prices maintained their hike during March and high values seem likely to stick around, a few factors on the new-car side could change things, according to NADA Used Car Guide. "Used-vehicle prices continued to follow an upward trend during March. Most indicators suggest the used market will continue […] [Read More]

SARASOTA, Fla. — Auto Dealer Monthly recently named the winners of its 2010 Dealers' Choice Awards, a program that honors the auto industry's top product and service providers, as well as finance organizations. To determine the winners, dealers and their personnel rate companies in various categories based on quality, customer service/support and value of the product […] [Read More]

CALGARY, Alberta — Quorum Information Technologies was recently chosen by the Co-Auto Co-Operative — a cooperative buying group in Woodbridge, Ontario that includes more than 1,200 dealer members — to serve as its exclusive dealership management system provider.    The company began providing its XSELLERATOR DMS product to these dealers through the Co-Auto purchasing channel on Thursday. Officials said Co-Auto, […] [Read More]

TORONTO, Ontario — The Ontario Motor Vehicle Industry Council has hit Empire Auto Sales — an unregistered dealership — and its three owners (Dinesh Gathani, Alpa Gathani and Ankit Gathani) with a $7,000 fine for not disclosing the history of salvage vehicles it sold to unsuspecting consumers. OMVIC conducted an investigation and filed charges under the Consumer Protection […] [Read More]