How one auction adapts to wholesale changes
Tuesday, Sep. 29, 2015, 04:17 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
ADESA Toronto recently launched a new sale, dubbed, “2 O’Clock Tuesdays.” This new weekly offering has replaced the auction's Monday night sales. Auction management shared the new Tuesday sale, together with the auction’s Wednesday morning sale, will offer over 2,500 vehicles ... [Read More]
How to take advantage of millennials’ leasing behavior
Thursday, Sep. 24, 2015, 02:13 PM
Ian Cruickshank, Speed Shift Media
It’s no secret: Taking advantage of your buyer’s behavior will bring you more leads and can be what you need to edge out the competition. As Forbes Magazine puts it, "When you find the gaps between what your competitors are ... [Read More]
Environment Canada announces VW investigation
Thursday, Sep. 24, 2015, 01:43 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Less than a week after the U.S. Environmental Protection Agency issued a Notice of Violation of the Clean Air Act to Volkswagen, alleging five of the automaker’s diesel-powered vehicles include “defeat device” software that circumvent emissions standards, Environment Canada joined ... [Read More]
VW Canada stops sales of models involved in emissions-testing scandal
Tuesday, Sep. 22, 2015, 01:59 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
The hammer is falling on Volkswagen in both the U.S. and Canada. VW Canada told its dealers yesterday to stop selling diesel-powered vehicles involved in an emissions-testing scandal that recently came to light. This statement comes just a few days ... [Read More]
Canadian demand for new credit strongest in the auto sector
Thursday, Sep. 17, 2015, 02:39 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
New data from Equifax Canada’s Q2 National Consumer Credit Trends Report showed that demand for new credit is strongest in the auto sector, and is growing everywhere except Quebec. The report also found that Canadians are still adding on debt, ... [Read More]
3rd Mercedes-Benz Canada store to open in Calgary in 2017
Thursday, Sep. 17, 2015, 01:55 PM
Auto Remarketing Staff
On Saturday, Mercedes-Benz Canada broke ground on its third store in Calgary. The McManes Automotive Group will be continuing its expansion with the new store, Mercedes-Benz Country Hills. This store adds to a list of construction projects the auto group currently has ... [Read More]
Groupe Park Avenue partners with Jim Pattison Lease
Thursday, Sep. 17, 2015, 01:05 PM
Auto Remarketing Canada Staff
Two huge names in the vehicle leasing business in Canada have joined forces. Groupe Park Avenue announced this week a joint venture partnership with Vancouver-based fleet management company Jim Pattison Lease. Through the new partnership Jim Pattison will become a ... [Read More]
Nearly half of Albertan used cars sold without proper condition disclosure
Wednesday, Sep. 16, 2015, 03:40 PM
Josh Hyatt, Staff Writer
As CarProof continues its province-to-province campaign to disclose the lesser-known details of used-vehicles sold in Canada, some disturbing statistics come out of Alberta. According to the company, nearly half of all used-car transactions in Alberta occur without proper disclosures. On ... [Read More]
Selectbidder announces real-time trade-in bid solution
Monday, Sep. 14, 2015, 11:45 AM
Josh Hyatt, Staff Writer
One auto tech company aims to make the auction a part of the trade-in process. Selectbidder officially announced today its new platform for real-time bids on dealer trade-ins, aiming to connect auctions, dealers and dealer customers in a way to ... [Read More]
Auction price movement ‘more positive’ than expected
Friday, Sep. 11, 2015, 03:59 PM
Auto Remarketing Canada Staff
After prices rose more than expected at auctions in July — up by 0.5 percent from June — rates in the lanes continue to rise as we approach fall. Last month, price movement was once again “more positive than expected ... [Read More]