TREND Financial — which specializes in custom-made automotive financing solutions — announced today it has signed an $81 million non-revolving credit facility with long-term partners Maxium Financial Services. The company’s statement noted the move is designed to accelerate significant company ... [Read More]

Serpa BMW, a Newmarket, Ontario, dealership,  is now officially a designated BMW “M-Certified Center of excellence.” The automaker’s recognition was effective on the first of the new year. "M Series vehicles have been featured since Serpa BMW took over the dealership in ... [Read More]

The Ontario Motor Vehicle Council announced Thursday that a Mississauga used-car dealer has been fined for breaching disclosure requirements. Emmanuel Ntiri, operating as Edlavi Motors, has been fined $7,000 for breaching OMVIC’s Code of Ethics, the organization said in its statement. ... [Read More]

Canada’s most sought after vehicles of 2014 were all over the map – both literally and metaphorically. The top 10 vehicles for the year, provided by autoTRADER.ca, run the gamut of variety, ranging from rides for those city-dwelling, economy-minded consumers, ... [Read More]

TRADER Corp. announced this week that it has put pen to paper to complete a publishing agreement with Mobials. The arrangement will allow for the integration of Mobials’ Reviewmii along with TRADER’s marketplace and website solutions. James Hayes, the chief executive ... [Read More]

NextGear Capital is ramping up its presence in Canada and announced this week it has hired a new vice president of Canadian operations. Roy Vandermeer has been chosen for the new VP role. In this role, Vandermeer will be responsible ... [Read More]

Hyundai Motor Finance announced today it has launched in Canada, giving Hyundai dealers across the country access to captive financing options for their customers. The new branch will be headquartered in Toronto and is a subsidiary of Hyundai Motor Group. ... [Read More]

2014, like many before it, was a year of ups and down. From art, sports and technology, all the way to the fear of disease, gains and losses were present in the ever-changing tapestry of human history. A lot of ... [Read More]

The entire team at Auto Remarketing Canada and Cherokee Media Group wish our readers and industry partners a happy holiday season and best wishes for the new year. This will be the last Auto Remarketing Canada e-newsletter until we turn a new ... [Read More]

It goes without saying that technology has made changes to nearly every area of business operations for companies large and small. Car dealerships are certainly no exception. However, many business people get stuck doing things the way they’ve always done ... [Read More]