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CBB reports note tariff impacts on Canadian used-car market
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AutoCanada: Used Supply ‘Still Tight’
Monday, May. 11, 2015, 04:22 PM
Auto Remarketing Canada Staff
Canada’s sole public dealer group hosted its quarterly conference call on Thursday, announcing its results in the first quarter of 2015. In light of AutoCanada’s recent acquisition run, the group’s overall used vehicle units sold nearly doubled year-over-year from 2,861 ... [Read More]
April Trade-In Choices Remain Stable
Thursday, May. 7, 2015, 02:52 PM
Auto Remarketing Canada Staff
Dealertrack Technologies’ TradeTracker Used Vehicle Market Report for the month of April was recently released, reflecting another month of trade-in consistency for Canadian dealers. The Ford F-150 was once again the overall most-appraised vehicle in Canada, followed by the Toyota ... [Read More]
Auction Prices Spike As Spring Selling Begins
Thursday, May. 7, 2015, 02:14 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Wholesale prices were on the way up last month as the market got over the winter hump and the spring selling season began. The Manheim Canada Used Vehicle Index was up by 2.5 points from March, rising to 113.4. This ... [Read More]
OMVIC Requests Dealer Feedback On Proposed Fee Increases
Thursday, May. 7, 2015, 01:26 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
The Ontario Motor Vehicle Industry Council proposed to its members in a recent bulletin an increase in fees to make sure OMVIC is adequately funded and able to administer the Motor Vehicle Dealers Act. The three fees that generate revenue ... [Read More]
CPO Strength Evident In April Sales Results
Tuesday, May. 5, 2015, 01:24 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
April was a good month for most when it comes to the certified market, as the spring selling season picked up, and automakers reported record CPO sales. For example, the Mercedes-Benz Pre-Owned division recorded a total of 1,523 units sold ... [Read More]
CarProof to Head Up New Industry Think Tank
Friday, May. 1, 2015, 06:58 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Announced at the recent Auto Remarketing Canada Conference in Toronto, CarProof, the event’s lead sponsor, will be heading up “The Transparency Advantage,” or TTA, an industry think tank committed to innovation and forward movement in the automotive market. The organization ... [Read More]
3 Factors Behind Dealer-To-Dealer Online Marketplace Adoption
Thursday, Apr. 30, 2015, 03:08 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
At last week’s Auto Remarketing Canada Conference, dealer-to-dealer auctions were a hot topic as new marketplaces have been popping up right and left, providing more wholesale options for buyers. After a dealer-to-dealer marketplace focused panel, Auto Remarketing Canada caught up ... [Read More]
TransUnion Canada Names New Financial Services Team Lead
Thursday, Apr. 30, 2015, 02:33 PM
Auto Remarketing Canada Staff
TransUnion Canada announced this week that it has named Paul Devereaux as the vice president of financial services. Devereaux, who brings more than 25 years of experience in business development and sales to the position, will be responsible for leading ... [Read More]
Using Consumer Data To Merchandize, Boost Online Rep
Tuesday, Apr. 28, 2015, 02:05 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As more and more car shoppers turn to the Web for their car-shopping needs — on a myriad of mobile devices — consumer data is becoming increasingly more important to successfully target and attract these potential customers. Robert Rath, vice ... [Read More]
FCA Canada Adopts XLane ‘Virtual Inventory’ Program
Monday, Apr. 27, 2015, 02:04 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Announced during the 2015 Auto Remarketing Canada Conference in Toronto last week, XLane Holdings Inc. will work as a technology provider to power a new Digital Showroom program for FCA Canada Inc. FCA Canada — the inaugural winner of the ... [Read More]
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