Why auto finance in Canada remains a ‘booming market’
Tuesday, Jun. 20, 2017, 03:20 PM
Nick Zulovich, Staff Writer
Providers of all sorts do not appear to be backing away from allowing access to consumers of all credit backgrounds, according to the assessment recently shared with Auto Remarketing Canada by Matt Fabian, director of research and consulting for TransUnion ... [Read More]
Apex Inspection Solutions to be acquired by TÜV Nord Group
Friday, Jun. 16, 2017, 05:25 PM
Auto Remarketing Canada Staff
On Friday, Apex Inspection Solutions announced it is being acquired by Hanover, Germany-based TÜV Nord Group. Officials said in a news release to Auto Remarketing Canada that the partnership is an ideal fit, as both businesses align their initiatives toward ... [Read More]
Toyota dominates Vincentric’s Best Value in Canada awards
Wednesday, Jun. 14, 2017, 02:05 PM
Auto Remarketing Canada Staff
Toyota Motor Corp. has won a total of nine Vincentric Best Value in Canada awards this year, including three for its luxury vehicle division Lexus. Lexus received Vincentric’s brand award for best luxury SUVs and crossovers, in addition to model ... [Read More]
Diversifying at StreetXtreme Auto Gallery
Tuesday, Jun. 13, 2017, 07:39 PM
Nick Zulovich, Staff Writer
StreetXtreme Auto Gallery president Patrick Hoang originally got his industry start as a mechanic about 15 years ago. Now he’s developed a business as tuned and supportive as the machines he used to repair regularly. The roots of StreetXtreme Auto ... [Read More]
4 Questions with TRADER’s Robert Lewocz
Tuesday, Jun. 13, 2017, 07:27 PM
Joe Overby, Senior Editor
As part of the Executive Issue special section in the May/June edition of the Auto Remarketing Canada magazine, we connected with Robert Lewocz, vice president of national sales at TRADER Corp.and autoTRADER.ca. The emailed Q&A covers the potential for 100-percent online auto retail in ... [Read More]
Shoppers demand trust & transparency during car-buying process
Friday, Jun. 9, 2017, 05:28 PM
Auto Remarketing Canada Staff
CarGurus recently released a survey that found trust to be a leading factor for consumers when shopping for expensive purchases, such as cars. “Survey respondents indicated that the car shopping process is very much in need of increased transparency if ... [Read More]
4 Questions with Mercedes-Benz Canada CEO Brian Fulton
Thursday, Jun. 8, 2017, 02:53 PM
Joe Overby, Senior Editor
As part of the Executive Issue special section in the May/June edition of the Auto Remarketing Canada magazine, we connected with Mercedes-Benz Canada president and chief executive officer Brian Fulton. The emailed Q&A covers Fulton's approach to leadership, the company being named a ... [Read More]
Dent Wizard appoints new Canadian director of operations
Thursday, Jun. 8, 2017, 02:18 PM
Auto Remarketing Canada Staff
Dent Wizard International announced it has promoted a new director of operations for Canada. Chosen for the position is Matt Boyd, who was most recently the company’s national sales manager in Canada. Boyd is one of Dent Wizard’s most seasoned and ... [Read More]
Auto financing remains on healthy growth & payment path
Thursday, Jun. 8, 2017, 01:31 PM
Auto Remarketing Canada Staff
According to the latest TransUnion Canada Industry Insights Report, auto financing continues to be one of the fastest growing segments in the Canadian consumer credit marketplace. During the first quarter of this year, average outstanding balances rose 2.75 percent year-over-year. ... [Read More]
Dealertrack Canada ‘marching in the right direction’ with digital retail
Friday, Jun. 2, 2017, 06:12 PM
Joe Overby, Senior Editor
In a May phone interview, Dealertrack Canada vice president and general manager Richard Evans was asked how far away Canada was from being able to buy a car 100 percent online. “First of all, isn’t that exciting?” he said. “Just ... [Read More]