Data from Experian Automotive shows loan amounts are hitting record highs as U.S. consumers rely more heavily on financing to purchase their next vehicles. The company’s latest study revealed new vehicles purchased with financing in the fourth quarter of 2014 …
New legislation has been introduced in the U.S. Senate that would require cars subject to safety recalls to be repaired before they can be registered. The Repairing Every Car to Avoid Lost Lives (RECALL) Act, sponsored by Senators Richard Blumenthal …
AutoPlanet Automotive Group is establishing a stronger presence in Southern Ontario after acquiring Performance Auto Group. Based in Niagara, Ont., Performance Auto Group — the largest automotive group in Niagara — services nine dealerships and carries 16 brands across the …
For the third year in a row, Lexus was the king of all brands on the Consumer Reports’ 2015 Car Brand Report Cards, earning the highest overall score, announced the publication. Lexus scored a total of 78 points based on …
Now that Berkshire Hathaway has completed its acquisition of Van Tuyl Automotive, Warren Buffett is looking to add more dealerships to his company’s holdings. “We are now car guys,” said Buffett, in his annual letter to Berkshire Hathaway shareholders for …
Back by popular demand, the Trillium Automobile Dealers Association (TADA) and Co-Auto will host another Ontario Dealer Day on April 14 at the Paramount Conference & Event Venue in Vaughan, Ont. Dealers and other dealership staff will be able to …
After working with industry partners and investing several million dollars to develop a multi-platform system (MPS) that would promote simultaneous bidding online, Adesa has announced recently that it will withdraw from the initiative. Citing the current competitive landscape, changes in …
BMW is the most popular and searched for automotive brand on Kijiji. But more surprising, it’s also the most searched item overall in all categories and has been for the last three years. Cars are taking over Kijiji, and this …
Ontario dealers coached on mastering SEO, blogging, figuring out Google and the merits of a BDC at Canadian Digital Dealer events. The Trillium Automobile Dealers Association (TADA) continued its efforts to bring its member dealers up to speed on …
Salespeople in dealerships are always looking for an edge, a talking point that helps tip the scales in their favour when helping a customer narrow their choice for a new vehicle. The editors of Kelley Blue Book have made it …
More shoppers looking to buy a used car are opting for certified pre-owned (CPO) vehicles, with sales hitting an all-time high, according to analysts at Edmunds.com, a popular online destination for car shoppers. In the company’s latest Used Vehicle Market …
A new KPMG survey finds that auto industry executives are not focusing on many of the issues that consumers are interested in, and that could put them at risk. KPMG’s 2015 Global Automotive Executive Survey found that despite the consumer …
