Canada’s top 10 most searched vehicles of 2016
Thursday, Dec. 15, 2016, 04:25 PM
Auto Remarketing Canada Staff
Canada’s most searched vehicles of 2016 reveal that while many of this year’s car shoppers were economy-minded consumers, others had performance and luxury in mind. Searches for performance picks, like the Porsche 911, Ford Mustang and Chevrolet Corvette made the ... [Read More]
Volvo Car Financial Services launches in Canada
Wednesday, Dec. 14, 2016, 08:22 PM
Auto Remarketing Canada Staff
Volvo Car Canada now has its own captive finance company. On Wednesday, the automaker officially launched Volvo Car Financial Services (VCFS), which the company indicated will handle day-to-day management of the financial services business including leasing and financing. “Volvo Car ... [Read More]
Scotiabank’s outlook for Canadian new-car sales
Thursday, Dec. 8, 2016, 07:09 PM
Joe Overby, Senior Editor
There will likely be 1.96 million new vehicles sold in Canada this year, compared to 1.90 million in 2015, according to the latest Scotiabank Global Auto Report. That also compares favorably to historical levels over the last quarter-century, which Scotiabank detailed ... [Read More]
Q&A with Canadian Black Book’s Brad Rome
Thursday, Dec. 8, 2016, 03:29 PM
Joe Overby, Senior Editor
As part of Auto Remarketing Canada's annual Power 200 this fall, we reached out to some of the top executives in the Canadian used-car business for an inside look at their businesses and their insight into the remarketing industry. Next up in this ... [Read More]
Q&A with Digital Air Strike’s Alexi Venneri
Wednesday, Dec. 7, 2016, 08:55 PM
Joe Overby, Senior Editor
As part of Auto Remarketing Canada's annual Power 200 this fall, we reached out to some of the top executives in the Canadian used-car business for an inside look at their businesses and their insight into the remarketing industry. Next up in this ... [Read More]
Trade-in trends at Canadian car dealerships
Wednesday, Dec. 7, 2016, 03:54 PM
Joe Overby, Senior Editor
If a Canadian car-shopper brings in an off-make trade-in to a GMC dealership, there’s a good chance it might be a Chevrolet Silverado 1500. According to the latest Dealertrack Tradertracker report, the Silverado 1500 has been the top off-make vehicle ... [Read More]
Dilawri & OpenRoad to build joint Richmond Porsche Centre
Thursday, Dec. 1, 2016, 04:54 PM
Auto Remarketing Canada Staff
On Wednesday, the Dilawri Group of Companies and OpenRoad Auto Group announced a new joint venture to break ground on a flagship Porsche Centre in the Richmond Auto Mall. The new dealership is scheduled to be completed in 2019, construction ... [Read More]
Q&A with Element’s Tim McGee
Thursday, Dec. 1, 2016, 03:57 PM
Joe Overby, Senior Editor
As part of Auto Remarketing Canada's annual Power 200 this fall, we reached out to some of the top executives in the Canadian used-car business for an inside look at their businesses and their insight into the remarketing industry. Next up in ... [Read More]
How TREND Financial innovates the finance space
Thursday, Dec. 1, 2016, 03:34 PM
Joe Overby, Senior Editor
TREND Financial is a bit different than other players in the Canadian auto finance industry. It’s all leasing. It’s all pre-owned. The average age of the car when the lease is originated is six or seven years; when they come ... [Read More]
AutoCanada acquires Hyundai store in Guelph
Tuesday, Nov. 29, 2016, 03:08 PM
Auto Remarketing Canada Staff
AutoCanada announced it purchased all of the operating assets of Ontario Limited, which manages Guelph Hyundai. "We are extremely pleased to welcome Guelph Hyundai into our Ontario dealer group. The dealership recently owned and operated by Graham Dennis has a ... [Read More]