Mazda Dealership Links Clean Cars to Used Success
Wednesday, Sep. 24, 2014, 08:43 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Mazda De Laval was focusing on certifying vehicles in-house long before the Mazda Canada certified pre-owned program hit the market. Now, store president Richard Labelle says, the dealership capitalizes on the fledgling certified program — launched in 2012 — by ... [Read More]
Industry Supports Vehicle Emission Regulation Amendments
Tuesday, Sep. 23, 2014, 05:38 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
The Canadian Vehicle Manufacturers' Association (CVMA) as well as the Global Automakers of Canada praised the Canadian government’s latest move to reduce vehicle greenhouse gases and smog causing emissions. The Environment Minister Leona Aglukkaq announced Monday expected amendments to Canada's ... [Read More]
XLane Reveals Its New Online Auction Marketplace
Friday, Sep. 19, 2014, 06:20 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Announced this afternoon another player is entering the online dealer-to-dealer auction ring. Software company XLane Holdings Inc. revealed today its new product InstantAuction. Company management says the new tool “puts the dealers in control” and offers a new level of ... [Read More]
RouteOne Canada Gives Dealers Another Way to Serve Subprime Customers
Friday, Sep. 19, 2014, 02:14 PM
Auto Remarketing Canada Staff
RouteOne Canada Corp. announced its integration today with CTL Corp. — a specialty finance company serving customers looking for non-traditional credit options. The companies say this move will help dealer clients in servicing more subprime customers and provides another options ... [Read More]
TRADER Makes Moves to Generate Trust On New Auction Site
Thursday, Sep. 18, 2014, 08:38 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
TRADER Exchange — the company’s new dealer-to-dealer online auction tool — is scheduled to roll out to Ontario dealers by the end of 2014 with a national launch in 2015, and the company is already ramping up the offering to make sure ... [Read More]
Staying Compliant with Ontario’s All-In Pricing Regulation
Thursday, Sep. 18, 2014, 03:24 PM
Josh Hyatt, Staff Writer
Ontario dealers should, by now, be quite aware of the all-in pricing regulations enforced by the Ontario Motor Vehicle Industry Council. If not, you’ll want to be, because OMVIC is cracking down on violators of its consumer protection regulations. Just ... [Read More]
New Financing Options for CDK Global Dealer Clients
Wednesday, Sep. 17, 2014, 04:04 PM
Auto Remarketing Canada Staff
Shortly after announcing it will branch off from ADP, rebranding as CDK Global as of Oct. 1, the company formerly known as ADP Dealer Services reported it will offer a new, co-branded financing program for U.S. and Canada-based dealers. The ... [Read More]
Banco Santander to Buy Carfinco For Almost $300M
Tuesday, Sep. 16, 2014, 01:26 PM
Auto Remarketing Canada Staff
After its chairman passed away unexpectedly last week, Banco Santander announced this morning it has entered into an agreement to acquire Carfinco Financial Group Inc. for $298 million (CDN) in cash in a deal expected to close in the fourth quarter ... [Read More]
Used Prices Continue Monthly Declines Nearing 1%
Monday, Sep. 15, 2014, 04:20 PM
Auto Remarketing Canada Staff
After falling close to 1 percent in July, the ADESA Canada Used Vehicle Price Index was on the way down once again last month. After being adjusted for seasonality, the index fell by 0.7 percent from July rates. The index, ... [Read More]
Quebec Subaru Dealers Support Special Olympics
Thursday, Sep. 11, 2014, 01:50 PM
Auto Remarketing Canada Staff
Subaru Canada Inc. and the Quebec Subaru Dealers Association announced late last week they had collectively raised $50,000 for Special Olympics Quebec. In association with the Rinaldi Agency, the event, with “a gesture that makes a difference” theme, was hosted ... [Read More]