SiriusXM Canada Subscriber Wins Her Wheels
Thursday, Nov. 13, 2014, 03:57 PM
Auto Remarketing Canada Staff
SiriusXM Canada recently announced the winner of its summer Win Your Wheels contest. Bonnie Stimers, a resident of Peterborough, won up to $40,000 to use toward a new or used vehicle purchase. The contest, which was available to any customer ... [Read More]
Mazda Canada Offers Unlimited Mileage Warranty
Thursday, Nov. 13, 2014, 02:44 PM
Auto Remarketing Canada Staff
Mazda Canada Inc. announced a move today that may help its franchised dealers in their quest for customer retention, loyalty — and, of course, more trade-ins. The company has launched a new unlimited mileage warranty, which puts an end to ... [Read More]
AutoCanada Reports Best Quarter Ever
Monday, Nov. 10, 2014, 07:57 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
After adding to its impressive acquisition lineup this year with the purchase of flagship BMW and Mini dealerships in Quebec, AutoCanada reported its best quarter ever as well as a few changes to its top management in light of recent ... [Read More]
CarProof Looking To Tackle All Aspects of Remarketing Biz
Thursday, Nov. 6, 2014, 06:38 PM
Sarah Rubenoff, Editor
With the recent announcement that the company will be entering the vehicle valuation market, it is evident CarProof has had a busy couple of years. Just last year, it jumped into the reconditioning market with its new RECON tool, and ... [Read More]
AutoCanada Acquires Quebec’s Flagship BMW & MINI Stores
Thursday, Nov. 6, 2014, 04:55 PM
Auto Remarketing Canada Staff
AutoCanada Inc. announced Wednesday it has received approval from BMW Canada to purchase an 85-percent interest in the assets, including land and building, of Auto Boulevard St. Martin Inc. Auto Boulevard owns and operates BMW Laval and MINI Laval in ... [Read More]
7-Point Hike for Manheim Canada Used Price Index
Thursday, Nov. 6, 2014, 04:01 PM
Auto Remarketing Staff
The October reading of the Manheim Canada Used Vehicle Value Index was 7 points stronger than the year-ago level and almost 5 points higher than September’s index, according to an analysis provided by Manheim this week. Among the individual segments, ... [Read More]
TradeTracker: Q4 Begins With Only 1 Deviation from Recent Appraisal Trends
Thursday, Nov. 6, 2014, 03:11 PM
Auto Remarketing Canada Staff
One adjective summarized the latest Dealertrack Technologies TradeTracker Used Vehicle Market Report: consistent. There was only one deviation in the trends for the past month, the past three months and year-to-date when Dealertrack highlighted both the top five vehicles overall appraised ... [Read More]
European Automakers Post Strong October for CPO
Tuesday, Nov. 4, 2014, 03:16 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As certified pre-owned results start coming in for October, it is apparent that European automakers are bucking the seasonal sales softening trends often seen during this time of year. Audi Canada, for example, achieved its best October ever for CPO. The ... [Read More]
Report: Canadian Used-Car Prices Have Reached ‘Peak’
Friday, Oct. 31, 2014, 02:25 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Scotiabank revealed some good news for dealers and those buying in the lanes this Halloween morning. According to Scotiabank’s Global Auto Report, used-car prices appear to have “peaked” in Canada and have started falling, in part due to rising supply ... [Read More]
Canadian Loan Penetration Drop Not Worrisome to GM Financial
Thursday, Oct. 30, 2014, 02:08 PM
Auto Remarketing Canada Staff
General Motors Financial posted across-the-board growth in North American loan originations during the third quarter, but loan penetration in Canada was down by over 10 percent from the second quarter. As of the end of September, Canadian loan penetration as ... [Read More]