Bank Owned Cars

Why So Many Islanders Are Buying Cars Cars are speeding out of dealerships across Canada, with Alberta, Newfoundland and New Brunswick all enjoying sales jumps of about 10 per cent in 2010. But Prince Edward Island, where sales spiked by 16 per cent last year, is leaving the rest of the country in the dust: more than 6,100 new cars rolled out of Island dealerships in 2010. In fact, Can ... read more>>   We Are Sorry Buy Our Cars As General Motors begins its perilous course through bankruptcy, its marketing team is working overtime on the company's other biggest challenge: repairing GM's crumpled image. Led by many of the people who helped revive Cadillac nearly a decade ago, the team has been frantically developing a pair of campaigns aimed at buffing up GM and the four b ... read more>> Used Car Sweet Spots For the first time in a long time, used-car values aren't being buffeted by skyrocketing gas prices, economic fallout or the side effects of a government stimulus plan, such as "cash for clunkers." Auction prices (for dealers) and retail prices (for consumers) are stabilizing, and cars are actually being sold for what they're worth. "There are no s ... read more>>   Toyota Decision Hits Dealerships At hundreds of Toyota showrooms around the nation, auto dealers were forced Tuesday to do the unthinkable: put many of their shiniest, most desirable models off limits to buyers. Toyota's recall of eight models was damaging enough, affecting about 55% of new car inventory. But it also included Camrys and Corollas, the second- and fourth-best-selli ... read more>>

New Bank Repos Cars articles this edition... Toyota Canada Inc Reports December And Full Year 2010 Sales Toyota Canada Inc. (TCI) reported December sales of 9,684 vehicles, bringing total 2010 sales to 171,972 Toyota, Lexus and Scion cars, trucks and SUVs, down 16.2% from a year earlier. Countering that trend, as new models were introduced in 2010, each enjoyed significant sales success, including: Highlights for Toyota in 2010 vs. 2009: Highlights ... read more>> Saab Automobile Sees Ongoing Momentum in 2010 Sales Spyker Cars N.V., a holding company that owns subsidiaries which produce and sell premium automobiles under the Saab and Spyker brands, today announced 2010 sales and production figures for its subsidiary Saab Automobile AB. Spyker Cars N.V. is listed on NYSE Euronext Amsterdam (ticker symbol SPYKR). Saab Automobile continued to see growing sales ... read more>> Personnel Changes at Saab Cars North America Today, Saab Automobile AB announced the appointment of Matthias Seidl as interim Chief Operating Officer for Saab Cars North America, effective immediately. Seidl replaces Michael Colleran, who has resigned to pursue further career opportunities. Seidl temporarily takes on responsibility for Saab Cars North America in addition to his current positi ... read more>> Chevy Dealer Buys Rival Cars For Test Drives Taylor Hood has so much confidence in the quality and attributes of Chevrolet vehicles that he wants his customers to compare them against rival vehicles. The general manager of Preston Hood Chevrolet Inc. in Fort Walton Beach, Fla., has spent almost $200,000 of his own money to buy 10 Dodge, Ford, Honda and Toyota vehicles. He urges customers to ... read more>> Car Dealers Get Happy Before The New Year Car dealers are bracing for one of their biggest sales periods of the year this week as many consumers shift their attention from what's under the tree to what's in their garage. Many dealers do up to 70% of their December business in the week after Christmas, says James O'Sullivan, CEO of Mazda North America. Some don't even bother to advertise m ... read more>> Auction Exec Says Standards Will Bring Confidence Jay Cadigan says auto auctions can't do anything about the industrywide shortage of used cars and trucks, but they can make it easier for dealers to buy vehicles online — and give them more peace of mind when they do. That's why the National Auto Auction Association wants vehicle sellers to adopt standards for different levels of wholesale-vehicle ... read more>>