Private equity investment firm Thoma Bravo LLC announced it will acquire TRADER Corp., Canada’s leading digital automotive marketplace and software solutions provider, for $1.575 billion (CAD), from funds advised by Apax Partners. The transaction is expected to close by the fourth ... [Read More]

The next issue of Auto Remarketing Canada will spotlight the Leading Dealer Groups of Canada. In this special edition, we will showcase some of the country’s oldest, biggest and most influential dealer groups, as well as the up-and-comers making waves ... [Read More]

The Alberta Motor Vehicle Council is tightening its consumer protection education requirements to improve compliance with the laws. As such, any automotive salesperson who has been out of the industry for more than three years must now successfully retake the ... [Read More]

As part of a series of senior management appointments the automaker has made in its North American organization, Nissan Canada will have a new director of dealer network development effective July 1. Appointed to the position is Ken Hearn, currently ... [Read More]

Technology is changing the way used-vehicle buyers shop.  As such, CARPROOF set out to take a fresh look at what carries consumers from "it's time to buy" to keys in hand. The results, detailed in the newly released Into the Minds ... [Read More]

Cox Automotive is expanding its Drive Away Hunger initiative in Canada. Under Cox Automotive Canada’s Cox Cares initiative, the company’s business units throughout Canada will team up with local food banks to raise money and food donations. In a program that started ... [Read More]

Quantech — a privately held company and developer of dealer management tools — recently added enhanced menu features to Q-F&I Online. Quantech general manager Mike Martin said the completed modifications include the largest menu enhancement to Q-F&I Online since the ... [Read More]

Carfax on Friday announced that Mark Rousseau has joined the company as president of CarProof. Rousseau, who most recently was with LexisNexis, will oversee continued efforts to expand the scope of information reported to CarProof, to develop innovative products that ... [Read More]

At least two brands notched best-ever certified pre-owned sales results in Canada last month, as the market continues to gain traction with several brands. Subaru reached an all-time high with 249 CPO sales in May, pushing its year-to-date total to ... [Read More]

Canadian used-car prices in May were up an average of 0.5 percent from April, according to a report accompanying the latest ADESA Canada Used Vehicle Price Index, powered by ALG. Within the individual segments, monthly price movement varied greatly — ... [Read More]