AutoCanada weathers ‘rough road’ as net earnings drop 128% in Q1
Thursday, May. 9, 2024, 10:42 AM
Auto Remarketing Canada Staff
The first quarter of 2024 is one AutoCanada might like to forget. A combination of challenging market conditions — and weather conditions — made it a rough go for the Edmonton-based dealership group, which in its Q1 earnings call last ... [Read More]
JD Power financing study reinforces value of dealer-lender relationships
Thursday, May. 9, 2024, 10:39 AM
Auto Remarketing Canada Staff
It might be a cliché, but findings from the J.D. Power 2024 Canada Dealer Financing Satisfaction Study reinforced it. Relationships matter. Study orchestrators said this week lenders that are looking to capture a bigger piece of the market should focus ... [Read More]
Hyundai Canada named one of Canada’s top workplaces for 7th consecutive year
Tuesday, May. 7, 2024, 12:57 PM
Auto Remarketing Canada Staff
For the seventh consecutive year, Great Place to Work has selected Hyundai Canada was selected as one of the Best Workplaces in Canada, and for the fifth year in a row, it has included Hyundai Canada on its list of ... [Read More]
CDK offers a new Xperience to Canadian dealers
Thursday, May. 2, 2024, 01:03 PM
Auto Remarketing Canada Staff
CDK is bringing a whole new experience to Canada. The automotive retail software provider announced the Canadian launch of the CDK Dealership Xperience, an open and integrated platform that the company said “transforms how dealers sell and service cars and ... [Read More]
CARFAX Canada adds history reports to Copart Canada auction platform
Thursday, May. 2, 2024, 12:34 PM
Auto Remarketing Canada Staff
CARFAX Canada is bringing its vehicle history reports to Copart Canada’s customers. The companies announced CARFAX’s reports will be featured on the vehicle details page in Copart Canada’s auction platform in a strategic partnership designed to enhance consumer confidence when ... [Read More]
Holman adds new leader for its Canadian fleet management business
Tuesday, Apr. 30, 2024, 10:42 AM
Auto Remarketing Canada Staff
Automotive services company Holman has hired veteran Canadian business leader Brent Scowen as managing director of its fleet management division in Canada. Scowen joins Holman following four years as vice president of sales for Canadian organic food brand Prana, leading ... [Read More]
Former Toyota, Edmunds & Roadster exec joins Signal as chief commercial officer
Thursday, Apr. 18, 2024, 10:05 AM
Auto Remarketing Canada Staff
Signal Technologies, which specializes in the Canada-to-U.S. used-vehicle import market, has named former Toyota, Edmunds and Roadster executive Amit Chandarana as its chief commercial officer. In conjunction with this hiring, Signal has opened a Los Angeles-based office. Chandarana was most ... [Read More]
Former GM North America president among AutoCanada board nominations
Tuesday, Apr. 16, 2024, 09:40 AM
Auto Remarketing Canada Staff
AutoCanada announced late last month that it has nominated former General Motors North America president Steve Carlisle as well as Imperial Capital partner Christopher Harris for election to its board of directors. The election will be held at the company’s ... [Read More]
Canadian wholesale vehicle prices continue slide
Thursday, Apr. 11, 2024, 10:48 AM
Auto Remarketing Canada Staff
Wholesale vehicle values in Canada are falling at a faster-than-usual pace and it appears likely that will only continue, according to Canadian Black Book. On Tuesday, CBB released its monthly Used Vehicle Retention Index, which fell to 143.3 in March. ... [Read More]
Dealertrack veteran Bell joins CBB as senior director of sales
Tuesday, Apr. 9, 2024, 10:07 AM
Auto Remarketing Canada Staff
Canadian Black Book has hired former Dealertrack executive Alysha Bell as senior director of sales. Bell spent nearly 20 years with Dealertrack, serving as national sales director and director of performance management, among other roles. She has received numerous awards ... [Read More]