TRADER Corp. partnership creates ‘Coherent Path’ to buying decisions
Thursday, Aug. 18, 2016, 04:50 PM
Auto Remarketing Canada Staff
TRADER Corp. has announced an exclusive partnership with Toronto-based Coherent Path that is bringing “big data” to the Canadian auto industry. Years of data on autoTRADER.ca indicates that consumers don’t tend to begin their journey with a clear path to ... [Read More]
Q1 average amount financed at origination tops $30K
Thursday, Aug. 18, 2016, 02:46 PM
Nick Zulovich, Staff Writer
Along with deeper analysis into delinquencies, TransUnion’s director of research and analysis in Canada Jason Wang shared exclusive data with Auto Remarketing Canada that pinpointed the swift upward trajectory consumers are taking with regard to how much auto finance debt ... [Read More]
TradeRev hires manager of operations for Canada
Thursday, Aug. 18, 2016, 02:06 PM
Auto Remarketing Canada Staff
TradeRev, a mobile vehicle appraisal and auctioning system for dealers, has hired John Farquharson as the manager of operations for Canada. Farquharson will oversee the support and arbitration departments and administrative operations throughout Canada. He will also be responsible for ... [Read More]
Audi hits best July for CPO
Thursday, Aug. 11, 2016, 02:57 PM
Joe Overby, Senior Editor
Several automakers have reported their latest certified pre-owned sales results to Auto Remarketing Canada, and one of the highlights of the bunch was Audi Canada, which had its strongest July to date. It sold 597 certified cars last month, a 3-percent gain over ... [Read More]
Ontario & British Columbia lead Q2 consumer credit performance
Thursday, Aug. 11, 2016, 01:49 PM
Auto Remarketing Canada Staff
For dealerships and finance companies with significant customer bases hailing from Ontario and British Columbia, TransUnion shared some good news this week pertaining to the frequency with which these contract holders are staying current. Ontario and British Columbia consumers are ... [Read More]
Majority of segments see increase in June residuals
Thursday, Aug. 4, 2016, 03:22 PM
Sara Schweiger, Staff Writer
Eleven of the 18 vehicle segments tracked by RVI Group saw increases in residual value in June on a year-over-year basis, according to the latest Market Insight report. Sequentially, that number was 12. Among higher-volume segments, larger-size vehicles saw the ... [Read More]
How Weins Canada boosts the consumer experience
Thursday, Aug. 4, 2016, 01:56 PM
Joe Overby, Senior Editor
You book a plane ticket online. Maybe the night before the flight or at a kiosk once you arrive at the airport, you check in and get a boarding pass. The boarding pass includes things like your name, flight number, ... [Read More]
AutoCanada looks to diversify by geography, brand
Thursday, Aug. 4, 2016, 01:47 PM
Sara Schweiger, Staff Writer
AutoCanada, which is based in Edmonton, announced an executive shift this spring as the company found itself in a sales slump amid ongoing recessionary conditions in western Canada. Joining the country’s only publicly traded dealer group as chief executive officer ... [Read More]
OpenRoad dealership GMs talk new stores, bigger location, used cars & more
Thursday, Jul. 28, 2016, 04:34 PM
Joe Overby, Senior Editor
It has been a busy year on the expansion front for OpenRoad Auto Group, an 18-store group covering 15 franchises in British Columbia. After opening Jaguar Land Rover Langley in December, OpenRoad and Jaguar Land Rover Canada held a grand ... [Read More]
Pfaff balances need of high-end, mainstream buyers
Thursday, Jul. 28, 2016, 04:30 PM
Sara Schweiger, Staff Writer
Many of us may approach turning 50 with mixed feelings, but for Pfaff Automotive Partners, crossing the half-century mark a couple of years back was a truly exciting milestone. As Pfaff Automotive settles into its second 50 years, president and ... [Read More]