It was announced this week that AutoCanada has joined a number of other Canadian dealer groups who have adopted SiriusXM Canada’s pre-owned vehicle program. Just last month, the growing OpenRoad dealer group also joined the satellite radio program for used ... [Read More]

Sixty to 70 percent. That’s the varying statistic of visitors on the Canadian Black Book website that say, during its evaluation process, they’re interested in purchasing a vehicle in the next month. That’s according to the Brad Rome, CBB’s president, ... [Read More]

A final ruling has been made in the class-action lawsuit filed against General Motors of Canada in regards to actions taken to close dealerships amid the economic downturn. With that, the claims against GMCL have been dismissed. That said, Justice Thomas ... [Read More]

Wholesale price movement this past month didn’t follow the expected seasonal trends in the lanes, instead spiking by almost 1 percent. The ADESA Canada Used Vehicle Price Index, powered by ALG, has been updated and shows the index rose after ... [Read More]

Automotive reconditioning company Dent Wizard International has launched a service plan for dealerships that acts as a way for service departments to connect with customers. The company has taken Ding Shield — already sold in dealership F&I offices — and ... [Read More]

Canadian dealers, especially in some of the country’s largest markets, nowadays find themselves in an interesting situation. They can put in all the work associated with the retail sale of a vehicle in their inventory to someone in their market. ... [Read More]

June was another strong month for Canadian certified pre-owned sales, with many automakers experiencing record CPO sales and impressive year-over-year gains. Volkswagen Canada experienced its best June on record for certified sales, with dealers delivering 1,587 CPO vehicles. This represents a ... [Read More]

Though used prices were still on the way up in May as summer neared, according to RVI data, analysts are still predicting a slow downturn in auction prices — potentially causing some relief for dealers and buyers in the lanes ... [Read More]

Scotiabank released its Global Auto Report this week, highlighting a record sales month in Canada for the month of May. Carlos Gomes, the senior economist and auto industry specialist at Scotiabank, summarized May’s achievement. “Sales in Canada set a record ... [Read More]

Toronto-based Element Financial Corp. announced today that it is purchasing GE Capital’s remaining fleet operations in the U.S. and Mexico, and Australia and New Zealand — an all-cash deal worth $8.6 million in Canadian dollars. Element had previously acquired the ... [Read More]