Bodack takes reins at Mercedes-Benz Durham
Wednesday, Sep. 14, 2016, 03:20 PM
Auto Remarketing Canada Staff
Mercedes-Benz Canada and the Zanchin Automotive Group announced that Neal Bodack has been hired as general manager and partner of the Mercedes-Benz Durham dealership, which was acquired by Zanchin in late 2015. Bodack will also become a key member of ... [Read More]
Early look at Canadian CPO sales
Thursday, Sep. 8, 2016, 06:17 PM
Joe Overby, Senior Editor
How are certified pre-owned sales faring in Canada this year? So far, so good, it seems. Below is a rundown of a few brands that have shared their latest CPO sales results. BMW Canada sold 1,674 pre-owned units in August, compared ... [Read More]
Serpa acquires Agincourt/401 Chrysler store
Thursday, Sep. 8, 2016, 01:15 PM
Auto Remarketing Canada Staff
The Serpa Automotive Group has acquired Toronto’s Agincourt/401 Kennedy Chrysler Dodge Jeep RAM. Since 2012, Serpa has operated Serpa BMW in Newmarket and from 1995 to 2015 owned Richmond Hill’s Avante Mazda. The new dealership will be known as Serpa ... [Read More]
Axis Auto Finance names CFO
Wednesday, Sep. 7, 2016, 08:31 PM
Auto Remarketing Canada Staff
Axis Auto Finance, a non-prime finance company servicing the Canadian used-vehicle market, announced Wednesday that Richard Lloyd has been appointed as the company’s chief financial officer. The company highlighted Lloyd’s appointment follows an extensive, months-long selection process with the assistance ... [Read More]
OMVIC’s latest effort to explain all-in price advertising
Thursday, Sep. 1, 2016, 02:35 PM
Auto Remarketing Canada Staff
Some consumers are being overcharged when they buy a vehicle, according to the Ontario Motor Vehicle Industry Council. “Since 2010, all-in price advertising has been the law in this province,” explained Terry O’Keefe, director of communications and education for OMVIC. ... [Read More]
F-150 continues to be most-appraised vehicle in Canada
Thursday, Sep. 1, 2016, 02:28 PM
Auto Remarketing Canada Staff
According to the Dealertrack's monthly Tradetracker Used Vehicle Market Report, The Ford F-150 and the Toyota Corolla remained the top two most-appraised vehicles in Canada in August, as has been the case year-to-date. Rounding out the top five in August were ... [Read More]
Impact Auto Auctions website has updated look, new features
Wednesday, Aug. 31, 2016, 02:40 PM
Auto Remarketing Canada Staff
Impact Auto Auctions has launched a revamped website featuring a new interface, an advanced search function and a streamlined registration process as well as two tools that are designed to make the bidding process easier for customers seeking salvage vehicles. ... [Read More]
Dealership news roundup: REIT to buy Pfaff Audi property
Thursday, Aug. 25, 2016, 02:49 PM
Auto Remarketing Staff
The Automotive Properties Real Estate Investment Trust has agreed to a deal with a third-party vendor to buy the Pfaff Audi dealership property in Vaughan, Ontario. The purchase price of the property is $17.2 million, REIT said in a news ... [Read More]
Report shows acceleration in global vehicle sales
Thursday, Aug. 25, 2016, 02:37 PM
Sara Schweiger, Staff Writer
Scotiabank’s recently released Global Auto Report paints a rosy picture — one that pleasantly surprised analysts with the Toronto-based bank. “We came into the year expecting global purchases to advance by about 3 percent,” Carlos Gomes, senior economist and auto ... [Read More]
Kijiji Canada appoints head of sales, autos
Thursday, Aug. 25, 2016, 01:55 PM
Auto Remarketing Canada Staff
Kijiji Canada, part of the eBay Classifieds Group, has hired Leanne Kripp to be head of sales, autos. In her new role, Kripp will help to identify business opportunities and partnerships that will support continued growth. Kripp joins Kijiji’s Toronto office ... [Read More]