Trend: Wholesale cars in Canada depreciating faster than trucks, SUVs
Thursday, Feb. 8, 2024, 10:46 AM
Auto Remarketing Canada Staff
Last week, prices at auction decreased by 0.42% overall, according to the latest analysis from Canadian Black Book. CBB data indicates that prices held a bit stronger than weeks prior. Two weeks ago, prices dropped by an average of 0.61%, ... [Read More]
Consistency is name of the game for J.D. Power’s 2024 ALG residual value awards in Canada
Thursday, Feb. 8, 2024, 10:04 AM
Auto Remarketing Canada Staff
Toyota and Lexus come out on top when it comes to quality, durability and pricing. That’s according to J.D Power’s 2024 Canada ALG Residual Value Awards. ALG is the division of J.D. Power known as the industry benchmark of automotive ... [Read More]
Trust Science adds veteran tech investor to board of advisers
Tuesday, Feb. 6, 2024, 09:25 AM
Auto Remarketing Canada Staff
Sourcing, screening and decisioning platform Trust Science has chosen a veteran tech investor and innovation guru to its board of advisors. Chosen for the position is John Ruffolo, whose background includes stints as the founder and managing partner of Maverix ... [Read More]
Safe-Guard Canada provides updated customer experience with new Protection Products Platform
Tuesday, Feb. 6, 2024, 09:12 AM
Auto Remarketing Canada Staff
Safe-Guard Canada customers have a new experience waiting for them online. The branded protection products company announced the launch of its new website and Protection Products Platform. The company said this move “signifies the company’s digital transformation from a third-party ... [Read More]
DSMA clients gain access to European dealer acquisitions via partnership with UHY Hacker Young
Tuesday, Jan. 30, 2024, 10:35 AM
Auto Remarketing Editor Joe Overby
In a bid to expand its presence worldwide, Dealer Solutions Mergers and Acquisitions, known as DSMA, is entering Europe via a new partnership with UHY Hacker Young. Both DSMA and UHY Hacker Young are leading M&A players in the dealership ... [Read More]
Auto insurance leaders express support for Trudeau’s upcoming National Summit to Combat Auto Theft
Tuesday, Jan. 30, 2024, 10:28 AM
Sarah Rubenoff, Correspondent
Prime Minister Justin Trudeau’s government is making moves to combat rising vehicle theft levels, and the industry tracking the alarming data is expressing its support. The upcoming National Summit Combatting Auto Theft, to be held in Ottawa on Feb. 8, ... [Read More]
Canadian wholesale car prices depreciate more than trucks, SUVs for first time in weeks
Thursday, Jan. 25, 2024, 09:13 AM
Auto Remarketing Canada Staff
The Canadian wholesale, vehicle market depreciated by about a half a percent last week, according to the latest report from Canadian Black Book. Overall wholesale prices fell by 0.52% last week. Cars saw a more significant decline, dropping by 0.70%, ... [Read More]
National Summit in Ottawa designed to ensure coordinated response to combating auto theft
Tuesday, Jan. 23, 2024, 09:49 AM
Auto Remarketing Canada Staff
Auto Remarketing Canada followed alarming vehicle theft trends in Canada throughout 2023, and the headlines are still coming, as the provincial and federal governments make moves to combat rising crime rates. On Monday, the Government of Canada announced the launch ... [Read More]
Signal Technologies picks entrepreneur, start-up expert as chief commercial officer
Tuesday, Jan. 23, 2024, 09:42 AM
Auto Remarketing Canada Staff
Signal Technologies, leader in the Canada-to-U.S. used-vehicle import market, has picked an industry entrepreneur as its new chief commercial officer. Chosen for the position is Tyler Hall, who most recently founded and led Drivably as CEO. Drivably was designed to ... [Read More]
AutoTrader Awards highlight vehicles Canadians can feel confident about
Tuesday, Jan. 23, 2024, 09:27 AM
Auto Remarketing Canada Staff
The new AutoTrader Awards results are out, highlighting the best vehicles in Canada, according to some of the country’s top auto experts. The awards are based on 2023 Ipsos research. AutoTrader said the categories this season reflect how Canadians shop ... [Read More]