2 luxury brands report best-ever January for CPO
Thursday, Feb. 4, 2016, 03:54 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Most automakers reporting certified pre-owned sales so far saw sales increase in January, and two luxury brands reported their best January ever. Porsche Approved Certified Pre-Owned sales reached 101 units, which is a record for the month. This performance bested ... [Read More]
January Tradetracker: Trucks, trucks & more trucks
Thursday, Feb. 4, 2016, 03:50 PM
Auto Remarketing Canada Staff
The top three most-appraised vehicles Canadian dealers saw last month were, you guessed it, trucks. To be more specific, they were light-duty trucks, and you probably won’t be surprised which ones they are, because they’re the usual suspects: Ford F-150, ... [Read More]
Key points from Ontario’s used standards changes
Thursday, Feb. 4, 2016, 03:31 PM
Auto Remarketing Staff
Service technicians, consumers and dealers have a few months to get up to speed on the first changes the Ontario Ministry of Transport has made to used-vehicle safety standards in 42 years. Many think the changes are long overdue, as ... [Read More]
AR Canada announces its 2016 CPO Dealer of the Year
Wednesday, Feb. 3, 2016, 03:19 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Markham Ontario’s Don Valley North Toyota has been named the 2016 Auto Remarketing Canada CPO Dealer of the Year. The dealership might sound familiar to readers, as the Toyota store was a runner-up for the 2015 award. The team continued ... [Read More]
CARPROOF adds 2 new badges to VHRs
Thursday, Jan. 28, 2016, 03:24 PM
Auto Remarketing Canada Staff
CARPROOF Corp. announced this week it has added two new badges to its reports in an effort to make used-car transactions even more transparent. The VHR company — which was recently purchased by Carfax parent company IHS Automotive — has ... [Read More]
Auto industry makes moves to curb distracted driving
Thursday, Jan. 28, 2016, 02:57 PM
Auto Remarketing Canada Staff
Dealers and other companies are putting a focus on cutting down distracted driving in Canada. The Dilawri Foundation — the Dilawri Group’s non-profit branch — has launched an app that promotes putting the smartphone down while driving, and LGM Financial ... [Read More]
2016 Canadian new-vehicle sales to remain flat
Wednesday, Jan. 27, 2016, 10:45 PM
Auto Remarketing Canada Staff
Scotiabank released its Global Auto Report on Wednesday, predicting that new-vehicle sales in Canada will end up roughly the same as 2015’s tally of 1.9 million units. Looking closer at the numbers, Scotiabank’s predicted 1.9 million units to-be-sold for 2016 ... [Read More]
New Mitsubishi CPO program to serve as ‘tool’ for dealers
Tuesday, Jan. 26, 2016, 03:23 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
A variety of factors made this December the ideal time to launch a certified pre-owned program for Canada’s Mitsubishi Motors. That’s according to the new program’s management. Charles Plewes, lease manager at Mitsubishi Motor Sales of Canada Inc., told Auto ... [Read More]
US ‘firebomber’ has car sales license rescinded in Ontario
Monday, Jan. 25, 2016, 07:16 PM
Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council announced today that the Ontario Superior Court of Justice overturned a decision made by the Licence Appeal Tribunal (LAT) that ordered OMVIC to issue a dealer license to a convicted arsonist. Here’s the timeline ... [Read More]
Wholesale prices once again on way up
Thursday, Jan. 21, 2016, 03:23 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Though many are holding on to the hope that wholesale prices might be on the way down this year as used supply is expected to expand, a growing number of exports into the U.S. may put a damper on that ... [Read More]