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]

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]

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]

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]

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]

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 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 — 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]