DesRosiers: 2014 ‘Year of the Light Truck’
Thursday, Jan. 29, 2015, 05:18 PM
Auto Remarketing Canada Staff
The used market isn’t the only facet of the Canadian automotive industry where trucks reign supreme. According to the Market Snapshot from DesRosiers Automotive Consultants Inc., the numbers from 2014 reflect the same trend in the new-vehicle segments. Overall truck ... [Read More]
New CEO Named as iBidSmart Separates From ALTESO
Thursday, Jan. 29, 2015, 03:16 PM
Auto Remarketing Canada Staff
ALTESO, auto remarketing software developer and holding company, announced this week that its white-label auction platform division — iBidSmart — is separating from the ALTESO group of companies. With iBidSmart taking off on its own, Mark Buffa, who has over ... [Read More]
Nominate Canada’s Top Dealer
Thursday, Jan. 29, 2015, 02:39 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
In our very first “CPO Stars and Certified Trends” issue — set to be released next week — we will announce the first recipient of the CPO Dealer of the Year Award, which honors a top Canadian dealer who stands out in ... [Read More]
DealerRater Announces Dealer of the Year Award Winners
Monday, Jan. 26, 2015, 11:06 PM
Auto Remarketing Canada Staff
DealerRater has announced the winners of its 2015 Dealer of the Year Award program based on consumer reviews of their dealership experiences shared on DealerRater.com. The highest scoring dealership in Canada — Bank Street Hyundai in Ottawa, Ontario — was ... [Read More]
Groupe Park Avenue Opens Second Used-Car Superstore
Thursday, Jan. 22, 2015, 02:55 PM
Auto Remarketing Canada Staff
Having experienced success on the South Shore of Montreal, Groupe Park Avenue is expanding its presence on the North Shore of the Quebec city with a new pre-owned supercenter. The dealer group has opened a second Mega Centre Occasion Park ... [Read More]
Fuel-Efficient Vehicle Prices Falling Alongside Rates At The Pump
Wednesday, Jan. 21, 2015, 05:45 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As gas prices continue to drop, so are pricetags on more fuel-efficient used vehicles. And after falling slightly over the course of the end of 2014, overall used-price drops are expected to escalate as the industry kicks off into the ... [Read More]
Free Trade Agreement Aids Canadian Hyundai Shoppers
Thursday, Jan. 15, 2015, 05:23 PM
Auto Remarketing Canada Staff
Today marks the effective beginning of the Canada-Korea Free Trade Agreement (CKFTA) for Hyundai, making many of Hyundai’s 2015 models cheaper to buy in the country by as much as $1,300 off MSRP. The deal may also serve to bring ... [Read More]
UCDA Claims Info Now Available on Carfax VHRs for Members
Thursday, Jan. 15, 2015, 04:37 PM
Auto Remarketing Canada Staff
Carfax Canada and the Used Car Dealers Association of Ontario announced this week they are expanding their partnership to give used-car buyers and sellers UCDA claims reports. The latest development means every Carfax Vehicle History Report purchased by UCDA member ... [Read More]
TradeTracker: Ford & Japanese Dominate December
Thursday, Jan. 15, 2015, 04:26 PM
Auto Remarketing Canada Staff
It may be starting to sound like a broken record, but there’s no denying that Canada is the land of the F-150. Ford’s flagship truck remained the top dog in just about every possible category in TradeTracker’s December 2014 Used ... [Read More]
December, Year-End Results Show Strong Year For CPO
Monday, Jan. 12, 2015, 03:50 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
December closed out a year that spelled growth for many automaker certified pre-owned programs in Canada. Throughout the year, European automakers saw certified sales soar, and December’s results were no surprise in this respect. For example, Audi Canada sold 428 certified ... [Read More]