
CBB's 2025 forecast tells industry ability to pivot is key in a ‘tumultuous’ year
Thursday, Mar. 6, 2025, 03:49 PM

With tariffs on the brink, Canadian auto industry braces for impact
Friday, Feb. 28, 2025, 01:06 PM

Rise in CBB index hints at tariff-driven ‘instability’ ahead for wholesale market
Thursday, Mar. 6, 2025, 10:23 AM
Canadian wholesale prices continue slow decline, while US values begin to increase
Thursday, Mar. 28, 2024, 09:50 AM
Auto Remarketing Canada Staff
Canadian wholesale auto prices continued to slide down last week, falling by an average of almost a quarter percent (down 0.23%). According to Canadian Black Book weekly data, car prices dropped by 0.35%, while trucks and SUVs dropped by 0.11%. ... [Read More]
Another former Manheim Canada exec joins Otolane
Thursday, Mar. 28, 2024, 09:48 AM
Auto Remarketing Canada Staff
Otolane reinforced its team this week with another industry professional who previously worked for Manheim Canada. The latest veteran to join the online wholesale automotive marketplace solution is Gerry Johnson, who will serve as Otolane’s vice president of sales. Otolane ... [Read More]
Vancouver auto exports grow by over 30% in 2023
Monday, Mar. 25, 2024, 10:01 PM
Auto Remarketing Canada Staff
Cargo volumes, including automotive, flowing through the Port of Vancouver increased over the course of this past year. Volumes overall were up by 6% year-over-year in 2023. For automotive specifically, volume was up by a whopping 36% last year, as ... [Read More]
New online sales platform to tackle fraud in private-party vehicle sales
Monday, Mar. 25, 2024, 09:56 PM
Auto Remarketing Canada Staff
Private-party transactions can be a sticking point for consumers, as fraud is often a concern. A new Canadian transactional platform — EEZE — aims to address this concern. The new platform, serving the Ontario and Quebec markets, offers services to ... [Read More]
Only 3 of 22 vehicle segments show wholesale price gains in Canada
Thursday, Mar. 21, 2024, 10:11 AM
Auto Remarketing Canada Staff
The Canadian wholesale market continued its slow but steady decline in values last week. According to Canadian Black Book data, wholesale prices dropped by an average of just over a quarter-percent. Cars dropped by 0.40%, while trucks and SUVs dropped ... [Read More]
PODCAST: Tim Reuss of CADA at NADA Show 2024
Thursday, Mar. 21, 2024, 10:02 AM
Auto Remarketing Canada Staff
Cherokee Media Group listened in as Tim Reuss of the Canadian Automobile Dealers Association appeared at NADA Show 2024 in Las Vegas. In this episode of the Auto Remarketing Podcast, hear what Reuss had to say about the challenges dealers ... [Read More]
John Scotti Automotive celebrates 50 years
Tuesday, Mar. 19, 2024, 12:47 PM
Auto Remarketing Editor Joe Overby
Leading Montreal luxury auto dealership John Scotti Automotive is celebrating its 50th anniversary. Founder John Scotti is well-known in the community as an entrepreneur and leader in the auto industry, according to a news release. By age 16, Scotti already ... [Read More]
Hyundai Canada partners with pro hockey league, makes 2024 Best Workplaces for Women list
Tuesday, Mar. 19, 2024, 12:42 PM
Auto Remarketing Canada Staff
Hyundai Auto Canada recently announced a partnership with the Professional Women’s Hockey League (PWHL), after recently being named one of the 2024 Best Workplaces for Women by Great Places to Work. The multi-year Canadian partnership with the league includes naming ... [Read More]
AutoCanada finished fiscal year with revenue up, used-car sales down
Thursday, Mar. 14, 2024, 10:52 AM
Sarah Rubenoff, Correspondent
AutoCanada wrapped up its fiscal fourth quarter with stronger new-car sales pushing total year-over-year revenue up by 6.9%. But while demand for new cars and parts, service and collision repairs was high, the dealer group experienced softer used-vehicle sales, especially in the U.S.
Chief financial officer Azim Lalani said during the call to discuss fiscal full-year and Q4 results that Canadian same-store used retail vehicle units sold decreased by ... [Read More]
4 truck segments see wholesale prices rise
Thursday, Mar. 14, 2024, 10:35 AM
Auto Remarketing Canada Staff
Wholesale vehicle prices continued a slow decline last week with a 0.31% drop, right after finishing February with prices down by 9.0% year-over-year, according to the latest weekly report from Canadian Black Book. The car segments saw bigger price drops ... [Read More]