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]
TREND Financial Signs $81M Credit Facility To Keep Up With Growth
Thursday, Jan. 8, 2015, 05:34 PM
Auto Remarketing Staff
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 Recognized for M-Series Sales Success
Thursday, Jan. 8, 2015, 03:32 PM
Auto Remarketing Canada Staff
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]
Mississauga Dealer Fined for Failing to Disclose Accident History
Thursday, Jan. 8, 2015, 03:07 PM
Auto Remarketing Canada Staff
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 Top 10 Most Desired Vehicles of 2014
Thursday, Jan. 8, 2015, 03:04 PM
Auto Remarketing Canada Staff
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, Mobials Form Publishing Agreement
Tuesday, Jan. 6, 2015, 01:08 PM
Auto Remarketing Canada Staff
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 Promotes New VP Canadian Operations
Monday, Jan. 5, 2015, 05:52 PM
Auto Remarketing Canada Staff
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 Comes to Canada
Monday, Jan. 5, 2015, 05:09 AM
Auto Remarketing Canada Staff
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]
Canada’s Automotive 2014, In Google Searches
Wednesday, Dec. 31, 2014, 07:51 PM
Josh Hyatt, Staff Writer
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]