NCM Associates, a popular fixture in the U.S. for its dealer 20 Groups and more, is launching in Canada. The company offers five core services for its clients: 20 Groups, education, consulting, business intelligence and travel solutions. And as the ... [Read More]

Obviously, there’s a lot of competition out there. You compete with dealerships from other OEM’s, dealerships from the same OEM’s, heck, some of you even have to compete with dealerships within your dealer group, and why not, competition is good ... [Read More]

Management at the Automotive Properties Real Estate Investment Trust (REIT) has been busy, announcing its third deal this week in less than a month. To start of 2016, the REIT reported it has agreed to purchase the Audi Barrie dealership ... [Read More]

Another year is in the books, and 2015 brought with it continued certified pre-owned sales growth for Canadian automakers. As full-year CPO results started rolling in, many automakers were reporting double-digit year-over-year increases, not to mention record years. For example, ... [Read More]

Just as it completed its first acquisition — Toyota Woodland — the Automotive Properties Real Estate Investment Trust also announced it has agreed to acquire a Go Auto dealership property in Edmonton, Alberta for $23 million. The Automotive Properties REIT ... [Read More]

IHS, the parent company of Carfax, announced Monday morning it has purchased CarProof Corp. for $650 million CND, which translates to about $460 million USD. CarProof is a vehicle history report provider in Canada. IHS bought Carfax in July 2013. ... [Read More]

After releasing  its first financial results report in November, Automotive Properties Real Estate Investment Trust, also known as the REIT, announced this week it is acquiring a dealership property in Montreal for $7.2 million.    Established this past June by the Dilawri ... [Read More]

OpenRoad Auto Group opened its 16th dealership with the unveiling of Jaguar Land Rover Langley earlier this month. The new dealership is located in the Langley Auto Collection, the luxury auto mall where the dealer group owns and operates BMW ... [Read More]

Dilawri Group of Companies announced this morning it has added its 58th dealership. The dealer group has purchased Mercedes-Benz West Island, which represents the seventh franchised dealership purchase for the group in the greater Montreal area this year. Mercedes-Benz West ... [Read More]

AutoCanada said this week its latest offering of common shares earned the company $75 million, a sum  the dealer group says it will use to cut down on debt under its revolving credit facility. AutoCanada had previously announced it issues 2,950,000 ... [Read More]