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December 13, 2011
VINCENTRIC RELEASES TOTAL COST OF OWNERSHIP DATABASE

Vincentric, a provider of automotive cost of ownership data, released of a Total Cost of Ownership database for Canada. The database measures almost 5,000 model year 2011 and 2012 vehicles. The data reflects cost elements for depreciation, financing, fees and taxes, insurance, maintenance as well as opportunity costs and repairs.

"With the continued globalization of the automotive industry, we felt it was critical to expand the geographic scope of our cost-of-ownership measurements", stated David Wurster, President, Vincentric. "We are excited to be the first to introduce such a comprehensive and detailed automotive cost-of-ownership database for Canada, and look forward to helping current and future clients use this information effectively."

The database is updated monthly to reflect vehicle prices, residual values, fuel prices, economic and market factors. Vincentric data can be licensed using Vincentric Web Service technology, on-going monthly data deliveries, or VinBase Online.

December 13, 2011
ALG CANADA RELEASES DATA FROM FIRST PERCEIVED QUALITY SCORE SURVEY

This past fall, ALG did a survey of Canadians to assess perceptions on mainstream and luxury automotive brands. The first-ever Perceived Quality survey found Mazda on top with a perceived quality score of 85.5. The next of the top five brands were: GMC (78.1), Toyota (74.8), Hyundai (74.5), and Buick (74.5).

For luxury brands, Audi tops the list with a score of 84.7 followed by Porsche (84.6), Land Rover (83.7), Infiniti (78.5) and Volvo (77.1).

"The Mazda3, which constitutes approximately 53 per cent of Mazda's total sales, has been near the top of the Canadian sales charts in both 2011 and 2010, so it's not surprising that Mazda leads the mainstream list with a substantial margin of 12 points above the second ranked brand," states Geoff Helby, Regional Director, ALG Canada.

The survey also found that buyers of the top three brands are considering for future buys: Ford (28 per cent), Honda (25 per cent) and Toyota (25 per cent).

December 6, 2011
WINTER DRIVING TIPS

TLS Fleet Management recently issued a list of winter driving tips as part of their newsletter to help drivers be prepared for winter. Just as you need to dress differently for winter, you also have to equip your vehicle for winter conditions.

Before you start out:

  • Be sure to wipe loose snow off the hood of your vehicle so that it does not blow onto your windshield and obstruct your vision while you drive;
  • Ensure that your headlights, taillights and license plates are visible, and that your windows are completely defrosted before you hit the road;
  • Switch to your winter tires for maximum traction and control on ice and snow;
  • Check the tire pressure often to help prevent a blowout due to low pressure, do not forget that tires lose pressure at a rate of one pound/inch squared for every 5C drop in temperature;
  • Check that you have a jack and fully inflated tire;
  • Carry a vehicle emergency kit that contains a first aid kit, flashlight, small shovel, jumper cables, flares, and gravel, salt, or a small piece of carpet to assist with traction;
  • Ensure that you have a spare container of windshield washer fluid in your vehicle;
  • Carry a personal survival kit containing non-perishable food, additional warm clothes including extra boots, socks, and gloves in case you become stranded.
And don't forget to carry a communications device, like a cell phone.

November 15, 2011
NISSAN WILL INTRODUCE NV PASSENGER VAN

Nissan NV3500 HD Passenger Van
Nissan NV3500 HD Passenger Van.
In spring 2012, Nissan will add the NV3500 HD passenger van to its NV line-up. It will provide four rows of seating for 12 passengers with power from either a 4.0 litre V-6 with 261 horsepower and 281 ft-lbs of torque or a 5.6L V-8 with 317 hp and 385 ft-lbs of torque.

“Just as we did prior to shaking up the commercial van category with the highly innovative Nissan NV, we first did our homework in the full-size van segment by studying the real-world needs, wants and desires of both families and fleet operators,” said Michael Colleran, Regional Vice-President of Field Sales and Sales Operations, Nissan Canada Inc. “As a result, we’re delivering a vehicle that offers everything owners are looking for, enhanced usability, driver and passenger comfort, flexible storage, dependability, durability and an affordable cost of ownership. Then we’ve topped it all off with signature Nissan style, performance and value.”

The van will have side curtain air bags that cover all seat rows, easy entry with low step-in height, a rear HVAC system and more.

“The Nissan NV3500 HD’s styling is professional and rugged outside, and completely passenger-focused inside,” said Colleran. “While you want to feel assured that there is room for all your luggage, for example, you don’t want to be treated like a piece of cargo inside. We’ve found a great balance between functionality and comfort that we believe sets the new benchmark in class.”





November 21, 2011
CARSTAR UNVEILS NEW IPHONE APP

CARSTAR has unveiled a new iPhone app: Unhappen My Accident. It allows users access to anything needed after an accident. The app provides the following features:
  • access to CARSTAR’s 24/7 accident assistance;
  • directions to the nearest CARSTAR location, with over 400 CARSTAR locations across Canada and the U.S;
  • functional in Canada and the U.S;
  • over 50 insurance companies pre-programmed;
  • stores important details such as emergency contact and insurance information;
  • Includes pointers about what to do if involved in an accident;
  • can store another driver’s information, pictures and details from the scene and information including multiple vehicles;
  • works with GPS to provide exact location.
Every time the app is downloaded a donation goes to Cystic Fibrosis Canada.

November 15, 2011
RAM OFFERS SPECIAL SERVICE PACKAGE FOR LAW ENFORCEMENT

RAM 1500 Crew Cab 4x4 with Special Services package.
RAM 1500 Crew Cab 4x4 with Special Services package..
Chrysler Canada has announced it will offer a RAM 1500 Crew Cab 4x4 with new Special Service package for law enforcement and emergency agencies.

“Our Special Service customers need a pickup truck that exceeds their rigorous demands, all day, every day,” said Ken Tuckey, Senior Manager, National Fleet Sales, Chrysler Canada. “This special package will also expand Ram 1500’s fleet product offering to Public Works, Maintenance, Engineering and Fire Departments as it adds to Canada’s fastest-growing choice of light-duty pickup.”

The Special Service package will offer:
  • Sparkplugs rated to last up to 160,000 kilometers;
  • 220-amp alternator;
  • Unique wiring harness capable of providing power for lighting, siren, computer and more;
  • Power Distribution Centre (PDC) with fusing and relays;
  • Instrument panel with certified speedometer with engine hour and idle hour meter and -115-volt auxiliary outlet;
  • Headliner with auxiliary dome lamp;
  • Stain-repellent cloth seat in front and vinyl bench in back;
  • Centre console is removed providing added space for special equipment;
  • Additional welds in front door structure provide additional strength to support the weight of materials used by law enforcement upfitters.
The package is available on Crew Cab 4X4 configuration with 5.7 litre HEMI V-8 engine mated to six-speed automatic transmission. The vehicle will be available through Chrysler Canada’s fleet operations.

November 15, 2011
CANADIAN BLACK BOOK HOSTS RESIDUAL AND WHOLESALE VALUE DISCUSSION

Canadian Black Book will host a Residual and Wholesale Value Discussion at the Donalda Club in Toronto, Ontario on November 22 at 8:30 a.m. Dennis DesRosiers will be presenting some of his new research on the used car market in Canada. JD Power will be making a presentation on their insights and CBB will be discussing some of their observations on the wholesale market and a look at residual values.

November 7, 2011
2012 RAM 1500
2012 RAM 1500.
RAM 1500 TRUCK KING CHALLENGE 2012 WINNER

At the fifth annual Canadian Truck King Challenge the 2012 Ram 1500 was judged Best Half-Ton Pick-up Truck. Judging criteria focused on capability and fuel consumption and included 3,629 kilogram towing, 817 kg payload, and off-roading testing.

“Over two days, five judges cycled through the trucks while towing 8,000 lb travel trailers and 1,800 lb of payload. The trucks were also run empty and off-road for a total of just over 3,000 kilometres of real world testing. The Canadian Truck King Challenge congratulates Chrysler on its first place win and awards it bragging rights for 2012,” said Howard Elmer, Truck King Media Group.

Other vehicles included in the challenge were Ford F-150, GMC Sierra 1500, Toyota Tundra and Nissan Titan.

“The testing performed by the Truck King Challenge is a great third party evaluation of the highly competitive half-ton truck segment and we are thrilled that our Ram 1500 took top honours,” said Reid Bigland, President and CEO, Chrysler Canada. “The Ram 1500 is the most awarded Ram truck ever and has the longest lasting line of pickups in Canada. It’s no coincidence that more Canadian pickup buyers are switching to Ram 1500 than to any other truck.”

November 7, 2011
WESTERN CANADA FACES DIESEL SHORTAGES

Diesel fuel shortages have been reported at fuel vendors across western Canada, with Alberta being most seriously affected. More specifically: Petro-Canada, Suncor and Husky commercial and Cardlock sites have experienced the highest degree of product availability issues, with many sites running out of diesel product. Federated Co-ops have limited Cardlock purchases for diesel to 300 litres per day and are redirecting bulk fuels to card lock and retail sites. Esso reports no shortages at their Cardlock sites. Shell/Flying J reports no shortages at their card lock sites. Parkland companies (Bluewave, United Petroleum, and Neufeld) report no current impact, however they are quickly approaching the critical point and have begun efforts to acquire additional diesel product from other ports. UFA also reports all sites open; however, they do recommend contacting sites for diesel availability.

While the third party hydrogen supply disruption at the Suncor Edmonton refinery has been a concern, the fire at the Co-Op refinery in Saskatchewan has been a major part of the Western situation. Supply issues are a result of two separate refineries being taken offline due to mechanical issues. Suncor advises that distillate production will be back on course by Nov 19. No date has been provided by Federated Co-op indicating when the issues may be corrected. Gasoline availability is not currently affected.

November 1, 2011
FORD INTRODUCES LANE KEEPING TECHNOLOGY

The Ford Motor Company will introduce Lane Keeping Technology on the new Ford Explorer early in 2012. The technology can detect when a driver is too tired to drive using a forward facing camera mounted behind the rearview mirror.

It offers three features: a Driver Alert System which can notify drivers if it detects signs of driving drowsiness by monitoring vehicle movement and it will then sound a chime and display a coffee cup light on the dashboard to indicate its time for a driver break.

Lane Keeping Alert detects whether the vehicle is drifting onto lane markings; it will then alert the driver by vibrating the steering wheel. Since not all roads are well marked, a display on the dashboard informs the driver when the system is functioning.

Lane Keeping Aid produces steering torque to alert the driver to go back to the centre of a lane. The amount of steering required is calculated using distance to the lane centre, yaw angle, and curve radius.

“The Explorer is loaded with new innovations, including this new lane keeping technology that helps drivers stay in control of their vehicle if they drift out of their lane or show signs of drowsiness,” said Raj Nair, Vice-President, Engineering, Ford Global Product Development.

November 1, 2011
AJAC'S CANADIAN CAR OF THE YEAR CATEGORY WINNERS

The Automobile Journalists Association of Canada (AJAC) announced 2012 Canadian Car of the Year award winners at the Association’s TestFest in Niagara-on-the-Lake, Ontario. Category winners will be seeking Car of the Year, Utility of the Year, Design of the Year and Technology of the Year awards to be presented at the Canadian International Auto Show in Toronto in February.

Car of the Year Category winners:

Best New Small Car (under $21,000): Hyundai Accent; runner-up, Kia Rio5.
Best New Small Car (over $21,000): Hyundai Elantra; runner-up, Ford Focus.
Best New Family Car (under $30,000): Kia Optima LX; runner-up, Volkswagen Passat TDI Clean Diesel.
Best New Family Car (over $30,000): Kia Optima Hybrid; runner-up, Hyundai Sonata Hybrid.
Best New Luxury Car: Mercedes-Benz C-Class C350 4MATIC Sedan; runner-up, Chrysler 300S.
Best New Prestige Car: Mercedes-Benz S-Class S350 BlueTEC 4MATIC; runner-up, BMW 6-Series Cabriolet.
Best New Sports/Performance Car (under $50,000): Hyundai Veloster; runner-up, Volkswagen Jetta GLI.
Best New Sports/Performance Car (over $50,000): BMW 1-Series M Coupe, runner-up, Porsche Cayman R.
Best New SUV/CUV (under $35,000): Dodge Journey; runner-up, Jeep Compass.
Best New SUV/CUV ($35,000 to $60,000): Volkswagen Touareg TDI Clean Diesel; runner-up, Range Rover Evoque.
Best New SUV/CUV (over $60,000): BMW X3; runner-up, Mercedes-Benz M-Class.

October 28, 2011
Rosalie Joseph, Fleet Manager, Airport Nissan networks with Len DiSalvia, Business Development Manager, Addison Leasing at the Brampton Board of Trade morning breakfast
(From left) Rosalie Joseph, Fleet Manager, Airport Nissan networks with Len DiSalvia, Business Development Manager, Addison Leasing at the Brampton Board of Trade morning breakfast.
AIRPORT NISSAN ENTERTAINS BRAMPTON BOARD OF TRADE BREAKFAST

Airport Nissan recently hosted a Brampton Board of Trade morning breakfast networking meeting. Board of Trade members were invited to speak about their businesses; while members and invited guests were treated to light refreshments. Mark Romeo, General Manager Airport Nissan, welcomed everyone to the event.

October 24, 2011
2012 Chevrolet Colorado mid-size pick-up truck, Thailand model shown
2012 Chevrolet Colorado mid-size pick-up truck, Thailand model shown.
CHEVROLET COLORADO PICK-UP COMING

General Motors announced the next generation Chevrolet Colorado mid-size pick-up truck will be available in Canada. Launching in Thailand, details about the Canadian Colorado configuration and engine choices will soon be disclosed.

“With its combination of design, capability and fuel efficiency, the new Colorado will be attractive to Canadian customers,” said Mark Comeau, Vice President Sales Service and Marketing, GM Canada.

October 18, 2011
ONE TOUGH TRUCK!

Kelleher Ford in Dauphin, Manitoba experienced a devastating fire on September 11 this year that destroyed the entire dealership. As a result of the fire a 2011 Ford F-150 had the walls and ceiling of part of the dealership collapse on it. General Manager Chuck Burton captured the truck driving off the rubble pile it found itself on as a result of the buildings collapse. Video is below.



October 11, 2011

ELECTRIC MOBILITY CANADA SHOWCASES ELECTRIC FUTURE TO MEDIA
Electric Mobility Canada hosted its EV2011VÉ Conference and Trade Show at the Allstream Centre on the grounds of Exhibition Place. As part of the conference a media and VIP ride and drive took place, allowing attendees to drive available electric vehicles (EV), battery electric vehicles (BEV), hybrids (HEV) and plug-in hybrids (PEV). They included: Mercedes-Benz Smart EV, Ford Transit Connect Electric Van, Chevrolet Volt, Mitsubishi iMiEV, Nissan LEAF, Toyota Prius PEV, and more.

Al Cormier, President and CEO, EMC was on hand to answer any questions. An AGT Cars waste management truck and changing stations by Eaton and Schenider Electric were also on display.

October 4, 2011
“IMPOSSIBLE TO ACCURATELY PREDICT EV’S FUTURE”: STUDY

One of the authors of a comparative study on the impact of electric vehicles told attendees at the Electric Mobility Conference held in Toronto, Ontario recently that estimates of electric vehicle market penetration by the year 2050 range from zero to 90 per cent. The study was commissioned by the U.S. Department of Energy and sought to create a snapshot of major projections made for green house gas emissions, oil displacement and market penetration rates of EV technologies.

October 4, 2011
SACRE BLUECAR! PARISIAN ELECTRIC CAR SHARE BUSINESS WORLD’S FIRST

Autolib, an electric car sharing business the city claims is the worlds first, made it debut in Paris, France recently. The service is modeled on the self-service bicycle business, Velib currently operating in the French capital. The Bluecars were designed by the Italian firm that makes Ferrari’s. The four seater comes with an automatic transmission, goes from 0-100 kilometres in 6.7 seconds, has a top speed of 130 km/hour and has a range of around 250 km on a full charge which takes eight hours.

The company plans on having 5,000 vehicles in operation by 2013. Morald Chibout, head of Autolib operations says the company has already been approached by other cities interested in the program.

September 26, 2011
FORD COLLABORATES ON HYBRID POWERTRAINS

McMaster University in partnership with Ford Motor Company and the Natural Sciences and Engineering Research Council of Canada (NSERC) will provide $2.5 million in funding over five years for an NSERC/Ford/McMaster Industrial Research Chair in Hybrid/Electric (HEV) Powertrain Diagnostics.

“At Ford we have some of the brightest scientists and engineers in the world, however there is an extensive amount of creativity and technical expertise beyond our walls,” said John Viera, Director, Sustainability and Vehicle Environmental Matters, Ford. “This kind of collaboration can generate new ideas and new technologies, and is rewarding for everyone involved.”

The research centre will be housed at the new McMaster Automotive Resource Center at McMaster Innovation Park. The primary focus of the research will be on developing performance and reliability testing systems used in designing advanced hybrid powertrain systems and in-vehicle monitoring and fault-detection systems.

September 22, 2011
ARI IS 30th ON INFORMATIONWEEK'S 500 LIST

ARI Automotive Resources International, registered 30th on the 2011 InformationWeek 500 listing of top technology innovators. ARI made the Top 100 as a result of offerings such as ARI’s new Analytical and Predictive Business Intelligence tool.

“We are pleased that ARI’s investment in technology, which brings value to our Canadian clients, is being recognized by InformationWeek,” said Chris Conroy, Senior Vice-President of Sales and Service, ARI. “We are particularly proud of our new Business Intelligence product, which was recently introduced to fleet clients at seminars across Canada.”

September 19, 2011
MANHEIM TO CLOSE OSHAWA LOCATION

Expropriation of land on the Manheim Oshawa site (expropriation for a North-South connector road for the 407 Electronic Toll Route) will result in Manheim Oshawa's location being shut down. The final auction in Oshawa was held September 15. The location will remain operating until business is moved to Manheim Toronto in Milton, Ontario. The company expects to retain most of its Oshawa centred business after the move. Employees at the Oshawa location have been offered either separation packages or a position at the Manheim Toronto location.

“Manheim has enjoyed serving customers at its location in Oshawa for the past 25 years and looks forward to continuing this tradition of unsurpassed service at Manheim Toronto located in Milton, Ontario where, each week, more buyers and sellers come together than any other location in Canada,” said Brad Hart, Vice-President, Canadian Operation, Manheim Canada.

September 19, 2011
Kevin Williams, GM Canada with Dan Akerson, GM, take a tour of GM Canada's Oshawa Assembly Plant
(From left) Kevin Williams, GM Canada with Dan Akerson, GM, take a tour of GM Canada's Oshawa Assembly Plant.
GM'S CEO VISITS OSHAWA PLANT

Dan Akerson, GM's Chairman and CEO visited the Oshawa Assembly Plant in Oshawa, Ontario, accompanied by Kevin Williams, President, GM Canada. The tour was a part of Akerson’s circuit of GM's Canadian manufacturing facilities.

September 19, 2011
WHEELS INC MAKES 18TH ON THE INFORMATIONWEEK 500 LIST

Wheels, Inc., was ranked 18th on the 2011 InformationWeek 500 listing of most innovative users of business technology. The ranking was the highest for a fleet management company. Wheels has been ranked in the Top 500 for the past 11 years.

“For 23 years, the InformationWeek 500 has chronicled and honored the most innovative users of business technology,” said Rob Preston, Editor In Chief, InformationWeek. “In this day and age, however, being innovative isn’t enough. Companies and their IT organizations need to innovate faster than ever before to stay a step or two ahead of their customers, partners, and competitors. This year’s ranking placed special emphasis on those high-octane business technology innovators.”

September 13, 2011
12 in 12 FOR TOYOTA

Toyota Canada President, Yoichi Tomihara told Toyota and Scion dealers to expect 12 new vehicles launches by the end of the year (six in the next three months). The announcement came during Toyota's annual dealer New Vehicle Introduction Show in Las Vegas, Nevada.

“Thanks to the commitment of Toyota customers, associates and suppliers worldwide, Toyota has overcome adversity and in Canada, outpaced industry sales during August,” said Tomihara. “Now, as we look ahead, Toyota Motor Company President Akio Toyoda is committed to bringing the most relevant vehicles to the Canadian market, putting passion at the heart of our line up.”

Vehicles to be launched include: Scion iQ, Toyota Yaris Hatchback, Toyota Camry and Camry Hybrid, Toyota Tacoma and Toyota Prius v.

September 12, 2011
Timberwolf tactical armoured patrol vehicle (TAPV)
Timberwolf tactical armoured patrol vehicle (TAPV).
MALLEY INDUSTRIES TO COMBINE WITH FORCE PROTECTION INDUSTRIES TO ASSEMBLE ARMOURED VEHICLE

Malley Industries Inc., has signed a Memorandum of Understanding with Force Protection Industries Inc., to perform final assembly of the Timberwolf tactical armoured patrol vehicle (TAPV) for the Canadian Forces.

Force Protection Industries Inc., is one of a group of companies selected by the Federal Government to compete for the TAPV project.

"Winning this project will enable Malley Industries to grow and diversify its integration, service and support offerings by providing 120 highly skilled new jobs in our region," said Terry Malley President and CEO of Malley Industries.

Malley Industries is based in Dieppe, New Brunswick and manufacturers special-use vehicles and components.

September 12, 2011
FORD AND TOYOTA MAY COLLABORATE TO DEVELOP HYBRID SYSTEMS FOR PICK-UPS AND SUVS

Derrick Kuzak Ford’s product development chief executive revealed that Ford and Toyota are working toward an agreement by next year.

The aim of which is to jointly develop a rear wheel drive hybrid system pointed primarily at pick ups and SUVs. The proposal’s requirements, that must be met as fuel economies continue to dominate cost and environmental interests, are to maintain or improve vehicle load and towing capacities while reducing fuel use.

The potential connection between the companies was initiated as a result of a fortuitous chance meeting at an airport between Ford CEO Alan Mulally and his Toyota counterpart Akio Toyoda.

September 6, 2011
Government of Canada releases back to school safety tips
Government of Canada releases back to school safety tips.
BACK TO SCHOOL SAFETY TIPS

The Government of Canada, along with the Canada Safety Council, has released some back to school safety tips, to help drivers during this heavier traffic time.

  1. Observe School Zone Speeds
    Although you should always obey posted speed limits, it is especially important during the school year. Children crossing the road on their way to and from school can easily get distracted and step into harm's way. Slowing down and being vigilant is crucial to keeping kids safe. Children are often out throughout the day at recess, lunch, and for certain classes, so it's important to drive slowly throughout the day.

  2. Obey the Crossing Guard
    A crossing guard is there to keep children safe. If you come up to a set of lights, and the light turns green, but the crossing guard still says stop, follow his/her direction and not the traffic light. There might be a child still crossing the street that you can't see.

  3. Watch for Darting Children
    Kids are small and easily distracted, and for drivers, this can create dangerous situations on the roads. Be vigilant and alert behind the wheel. You never know when a small child might step out from between parked cars or off a sidewalk. Your fast reflexes might be needed to prevent an accident.

  4. School Buses
    Most mishaps take place outside the bus. Make sure children don't arrive too early at the bus stop where they can wander or get into mischief. Make sure children wait well away from the road and stay back until the school bus makes a full stop and the doors open. Explain that they must walk at least three metres (10 feet) away when crossing in front of the bus so the driver can see them. When driving your car near a school bus please note that extra caution is needed. You shouldn't pass a school bus when the signal lights are flashing (as children are often crossing the road at that time), and drive slowly as a general precaution.


August 22, 2011
OVER 700 NEW JOBS TO BE CREATED AT MAGNA

Aurora Ontario-based automotive supplier Magna International and Magna E-Car received a government grant of $48.4 million to help develop clean vehicle technologies. The grant is expected to create 728 jobs and protect 1,337 at Magna’s Aurora, Brampton, Concord and St. Thomas plants.

"Ontario has always been the province that leads by determining where we need to be and working to make that happen,” said Ontario’s Minister of Economic Development and Trade. “Our government's investment in Magna International and Magna E-Car is one way we are making the future happen now."

Magna is launching new projects with a total investment of $432 million over six years, including the government grant. They include:
  • electric car concept development;
  • parts for hybrid electric/battery electric vehicles;
  • advanced lightweight metallic components;
  • an alternate energy project; and,
  • advanced bio-based composite materials to reduce vehicle weight and improve fuel efficiency.

"We are delighted to receive support from Ontario to pursue our goal of transitioning Canada's automotive design, engineering and manufacturing toward the clean economy,” said Don Walker, CEO, Magna International. “Our plan aligns with Ontario's Auto Strategy, by supporting increased R&D and innovation, developing fuel efficient vehicles and technologies, and a pool of skilled auto professionals."

August 22, 2011
ALG SOLD TO TRUECAR

DealerTrack Holdings Inc., which provides administrative software programs to automotive retailers in the U.S. and Canada, has signed an agreement to sell a subsidiary, ALG Inc., to TrueCar Inc., a company, which publishes new car transaction data to these markets.

"This transaction exemplifies our strategy of effectively allocating capital to maximize value for DealerTrack stockholders,” said Mark F. O'Neil, Chairman and CEO, DealerTrack. “We are not only selling a business which we have grown significantly since we acquired it back in 2005, we are making an investment in a high-growth, progressive company that is positively impacting the way cars are retailed in the U.S. market."

The sale is expected to close in the fourth quarter of 2011.

August 22, 2011
KELLEY BLUE BOOK TOTAL COST OF OWNERSHIP RANKINGS

Kelley Blue Book (KBB) named vehicle brands assessed with lowest total cost of ownership for an initial five-year ownership. For luxury brands, Audi topped the list, followed by Lexus and Cadillac. For non-luxury brands, Kia was on top, Hyundai and Honda were second and third.

"The average vehicle typically maintains about 30 per cent of its original MSRP after five years of ownership, whereas a handful of vehicles maintain more than 45 per cent after the same time period," said Eric Ibara, Director of Residual Value Consulting, KBB.

KBB developed total cost of ownership ratings using residual value data to calculate depreciation, which is a major factor. A breakdown for total cost of ownership on the KBB web site (www.kbb.com) calculates depreciation, expected fuel, insurance, maintenance, repair and other costs.

August 22, 2011
NISSAN CANADA'S LEAF DEALER NETWORK

Nissan Canada Inc. has appointed 27 retailers to sell, support and service Nissan all-electric LEAF in Canada.

"An all-electric car has different sales and service requirements and our rigorous training and certification process will ensure Nissan LEAF drivers have an exceptional ownership experience,” said Michael Colleran, Regional Vice President of Field Sales and Sales Operations, Nissan Canada. “We’re very pleased by the response from our dealer network who is looking forward to bringing the 2011 World Car of the Year to the Canadian market.”

Here is the Nissan Certified LEAF Retail Network by province:

British Columbia: Morrey Nissan, Burnaby; Regency Nissan, North Vancouver; Downtown Nissan, Vancouver; Southside Nissan, Vancouver; Pan Pacific Nissan Richmond, Richmond; Morrey Nissan of Coquitlam, Port Coquitlam; Newcastle Nissan, Nanaimo; Campus Nissan, Victoria; Comox Valley Nissan, Courtenay; and Jonker Nissan, Surrey.
Alberta: Brasso Nissan, Calgary; Mills Nissan, Edmonton.
Manitoba: Vickar Nissan, Winnipeg.
Ontario: Oakville Nissan, Oakville; St Clair Motor Service, Toronto; Maple Nissan, Maple; Avenue Nissan, Toronto; 401-Dixie Nissan, Mississauga; Huntclub Nissan, Ottawa.
Quebec: Auto Gouverneur Nissan, Laval; Cite Nissan, Montreal; Park Avenue Nissan, Brossard; Boucherville Nissan, Boucherville; Capitale Nissan, Ville Vanier; Beauport Nissan, Ville Quebec; Nissan Gabriel, Est, Ville D’Anjou.
Nova Scotia: O’Reagan’s Nissan Halifax, Halifax.

August 16, 2011
KAR AUCTION SERVICES BUYS OPENLANE

KAR Auction Services, Inc. through its subsidiary ADESA, Inc., has agreed to acquire OPENLANE Inc., for $210 million in cash, plus an increase for excess cash on OPENLANE’s balance sheet at closing.

“OPENLANE is a natural fit for the KAR family of companies as it extends our online product offerings, provides a complementary customer base and adds talented members to our management team,” said Jim Hallett, CEO, KAR. “Sellers and purchasers of vehicles continue to increase their use of online remarketing platforms, and we believe that enhancing our existing suite of online services and products will further support KAR’s objective of expanding our addressable market to capture transactions that currently take place outside the traditional wholesale auction channel.”

Peter Kelly will remain as CEO of OPENLANE, and will report to Jim Hallett.

“I consider this a great combination that will significantly benefit our customers and the industry,” said Kelly. “Joining KAR will provide OPENLANE with the resources to accelerate the execution of our strategy and to deliver innovative remarketing solutions to the industry. I am looking forward to working with Jim and joining the KAR management team.”

August 16, 2011
Study finds Mercedes-Benz Sprinter offers lowest cost of ownership in its class
Study finds Mercedes-Benz Sprinter offers lowest cost of ownership in its class.
SPRINTER BEST IN CLASS FOR TOTAL COST OF OWNERSHIP

Mercedes-Benz Sprinter offers lowest cost of ownership in its class in Canada according to a study conducted by Vincentric. The study found Sprinter offers total cost of ownership 7.7 to 9.1 per cent lower than its competitors, translating into operating savings of between $6,000 to $7,000 over five years.

“Our analysis of the Canadian large heavy duty van market demonstrated the benefits of measuring overall vehicle value based on total cost of ownership instead of purchase price,” said David Wurster, President, Vincentric. “Buyers often think they are saving money because they pay less at the dealership, but as we saw with the Mercedes-Benz Sprinter, a higher priced vehicle can provide significant savings when buyers look at the total cost of owning a vehicle.”

Lower fuel costs and longer maintenance intervals were keys to Sprinter’s lower cost of ownership. The study based it's findings on a driving distance of 25,000 kilometres per year over a five year period and used factors including depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity costs, and repairs.

“The compelling findings of the Vincentric study and the Canadian Black Book Award further underscore what every loyal Sprinter customer already knows; the Mercedes-Benz Sprinter is a highly versatile and extremely practical vehicle that offers an exceptional level of ride comfort, tremendous ease of operation and an unrivaled value proposition in its respective class regardless of the business need or unique requirement,” said Tim A. Reuss, President and CEO, Mercedes-Benz Canada.

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