Luxury diesel models good sell for cost-conscious shoppers
Friday, Jun. 26, 2015, 04:08 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Though diesel vehicles might not be the easiest sell these days, the latest results from Vincentric’s first Canadian Diesel Analysis might give dealers some talking points when trying to convince shoppers of the benefits of these units. According to the ... [Read More]
Canada’s auto industry expected to see profit of $2.3B
Thursday, Jun. 25, 2015, 03:34 PM
Sarah Rubenoff, Editor
Though the suffering Canadian exchange rate is making it a bit more difficult for dealers deciding whether to retail their used units or sell them wholesale over the border, that very same issue is driving profits up for the country’s ... [Read More]
Mercedes-Benz Thornhill flagship open for business
Thursday, Jun. 25, 2015, 01:20 PM
Auto Remarketing Canada Staff
Mercedes-Benz Canada recently announced the completion of its brand new flagship retail facility: Mercedes-Benz Thornhill. The corporately owned store has a whole new look and is located in the upper northwest quadrant of the Greater Toronto Area at 228 Steeles ... [Read More]
Hyundai offers way for technicians, shoppers to connect
Tuesday, Jun. 23, 2015, 01:17 PM
Auto Remarketing Canada Staff
Hyundai Canada announced this week a new initiative that can help get consumers ready for summer travel as well as offer dealership service departments a chance to connect with potential customers and show off the Hyundai lineup. The new Hyundai ... [Read More]
Mobials launches dealership award, consumer certification programs
Thursday, Jun. 18, 2015, 02:51 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
You might have the right vehicles in stock. And you might be offering the best deals. You might even be in the prime location. But these days, it isn’t enough unless consumers find your business trustworthy — and that starts ... [Read More]
The growing appeal of Canada’s in-house financing movement
Thursday, Jun. 18, 2015, 02:34 PM
Josh Hyatt, Staff Writer
Buy-here, pay-here. In-house financing. Whatever you want to call it, the uptake of this business model in the Canadian automotive market has been nowhere near as prolific as it has in its neighboring country to the south. But the adoption ... [Read More]
TRADER, vAuto announce plans for new subprime tool
Tuesday, Jun. 16, 2015, 08:14 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
TRADER Corp. recently announced it is renewing its partnership with U.S.-based solutions company, vAuto, extending their relationship for another five years in an effort to help dealers address their used-vehicle inventory management challenges. Through the agreement, TRADER will continue being ... [Read More]
PBS Systems Announces Xtime Partnership
Friday, Jun. 12, 2015, 07:54 PM
Auto Remarketing Canada Staff
Dealers who use PBS Systems’ dealer management system software now have a new tool to reach customers in the service department. PBS Systems Inc. recently announced a partnership with Xtime, a customer retention solution for dealerships. Now, dealers using the ... [Read More]
OMVIC Revokes Toronto Dealer License, Fines Salesperson
Thursday, Jun. 11, 2015, 03:06 PM
Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council announced this week it has revoked a Toronto dealer’s license and fined an associated salesperson. The dealership, 1716114 Ontario Ltd. operating as Your Car Auto Finance (YCAF) and its sole officer and director, Derek ... [Read More]
Depreciation Heats Up As Summer Nears
Thursday, Jun. 11, 2015, 02:35 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Wholesale prices are still way above pre-recession rates due to short supply, but seasonality may provide some relief for dealers this summer looking to stock up on inventory. Car and truck segments across the board took a depreciation hit in ... [Read More]