Cadillac Canada awards entrepreneur $25K in honor of country’s 150th
Wednesday, Aug. 30, 2017, 02:23 PM
Auto Remarketing Canada Staff
Cadillac Canada recently honored Canada's 150th birthday by celebrating 150 Daring Moments in Canadian history and inviting entrepreneurs from across Canada to submit entries to win a $25,000 contribution from Cadillac Canada for Canada's next daring idea — which the ... [Read More]
RVI spots used-car price declines in Canada
Tuesday, Aug. 29, 2017, 10:14 PM
Auto Remarketing Canada Staff
While the exchange rate climbed, Canada’s used-car prices moved downward in the first full month of summer. That’s according to RVI Group, whose Market Update for August indicated that the RVI Used Vehicle Price Index (Real) dipped 0.1 percent month-over-month ... [Read More]
COMMENTARY: Thinking outside the vertical
Tuesday, Aug. 29, 2017, 08:43 PM
Leanne Kripp, Kijiji
I suspect most of us would like to throw a wrench at the next person who talks about needing to “think outside the box,” so I’m not going to be that person. However, at the risk of dodging airborne tools, ... [Read More]
Porsche Cars opens 18th Porsche Centre in Canada
Tuesday, Aug. 29, 2017, 01:56 PM
Auto Remarketing Canada Staff
Porsche Cars Canada recently announced the opening of Porsche Centre Kelowna, the company’s 18th Porsche Centre in Canada and fourth in British Columbia. Porsche Centre Kelowna has over 22,000 square feet of floor space and features a nine-vehicle showroom, a customer ... [Read More]
HGregoire adds 2 Nissan dealerships
Friday, Aug. 25, 2017, 03:51 PM
Auto Remarketing Canada Staff
HGregoire officially opened two new Nissan dealerships in Quebec this week, raising its new-car dealer count to seven. The group also owns 12 stores that specialize in pre-owned Nissans. The new Nissan stores added to its lineup are HGregoire Nissan ... [Read More]
Used-car sales down for AutoCanada as revenue, profits rise
Thursday, Aug. 24, 2017, 02:10 PM
Joe Overby, Senior Editor
The used-car operations of AutoCanada showed softness in the second quarter, but the dealer group showed some overall lifts in its quarter results, including gains in total revenue and gross profits. AutoCanada said in its latest earnings release that it ... [Read More]
TransUnion’s Q2 report notes rise in outstanding balances
Wednesday, Aug. 23, 2017, 06:19 PM
Auto Remarketing Canada Staff
Canadian consumers continue to take on more debt to take delivery of the vehicle they want. According to TransUnion’s Canada Industry Insights Report released this week, the average outstanding balance on a contract rose during the second quarter by 2.57 ... [Read More]
Helby joins TSI Auto Solutions as director of dealer solutions
Friday, Aug. 18, 2017, 06:06 PM
Auto Remarketing Canada Staff
TSI Auto Solutions recently announced the company has named a new director to lead its Dealer Solutions division. Chosen for the position is Geoff Helby, who most recently led the Canadian arm of ALG. As director of Dealer Solutions, Helby will ... [Read More]
GM to voluntarily delist stock from Toronto exchange
Thursday, Aug. 17, 2017, 02:18 PM
Auto Remarketing Canada Staff
General Motors said Wednesday its application for voluntary delisting of its common stock from the Toronto Stock Exchange in Canada has been approved. Company shares will stop trading on the TSX at close of markets on Nov. 30. The delisting ... [Read More]
TradeRev, ADESA partner in Canada to promote app at 14 locations
Thursday, Aug. 17, 2017, 02:17 PM
Auto Remarketing Canada Staff
TradeRev has announced it will now have a physical presence in 14 ADESA auction locations after partnering with ADESA Canada to encourage dealers to use TradeRev’s mobile app before sending cars to a brick-and-mortar auction. Hands-on assistance from ADESA sales ... [Read More]