From the Editor: Power List Shows Growth in 2nd Year
Thursday, Sep. 11, 2014, 01:47 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
When Auto Remarketing Canada launched its inaugural Power 120 issue last fall, we had no doubt the Power list would grow, just as the number of innovative companies in the remarketing space continues to expand. The second annual Power issue — ... [Read More]
Carfinco Sees Largest Receivables Growth Since 2012
Wednesday, Sep. 10, 2014, 07:24 PM
Auto Remarketing Canada Staff
After announcing a successful second quarter, Carfinco reported strong growth in both its Canadian and United States operations in August. In fact, the company reported growth in Canada that represented the largest single month growth since October 2012. Last month, ... [Read More]
Mobials Dealer Reviews to be Integrated into Monster Auto
Friday, Sep. 5, 2014, 08:16 PM
Auto Remarketing Canada Staff
Dealers who advertise their vehicles on the popular auto classified site MonsterAuto.ca now have another way to make their store stand out. Mobials Inc. — a syndicated car dealer review program — announced a partnership with Monster Auto to integrate ... [Read More]
Toyota Says Fuel Saved From Hybrids Would Fill 103 Swimming Pools
Thursday, Sep. 4, 2014, 03:17 PM
Auto Remarketing Staff
Toyota introduced the Prius to Canada 15 years ago — and this week, the automaker reported it has reached the milestone of 100,000 hybrids sold in Canada. Providing an interesting illustration, Toyota Canada said the fuel saved by Canadian drivers ... [Read More]
CVMA Favors ‘Joint Forward Plan’ for US & Canada
Thursday, Sep. 4, 2014, 02:54 PM
Josh Hyatt, Staff Writer
The Canadian Vehicle Manufacturers’ Association issued support of the Joint Forward Plan released by the Canada-United States Regulatory Cooperation Council (RCC) last week. The plan, the next step in cooperation between the two countries set in motion by the 2011 ... [Read More]
3 Automakers Notch Best August for CPO
Thursday, Sep. 4, 2014, 02:49 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Certified pre-owned sales were steady in August, and three automakers reported their best August for certified sales ever. First up, Porsche Canada reported a record month, posting the highest CPO sales for August ever. Porsche Approved certified pre-owned sales reached 96 ... [Read More]
Ontario Appeal Court Sends Repeat Curbsider to Jail
Friday, Aug. 29, 2014, 02:07 PM
Auto Remarketing Canada Staff
Industry regulators are turning their focus to unlicensed dealers — and it may mean jail time for some prosecuted for the crime. The Ontario Motor Vehicle Industry Council announced this morning the Ontario Court of Justice has upheld the decision ... [Read More]
AutoCanada Opens First Kia Store; Reveals New Purchase
Thursday, Aug. 28, 2014, 02:55 PM
Auto Remarketing Staff
AutoCanada continued to ramp up its expansion efforts with the announcement that is has obtained approval from General Motors Canada to invest in Edmonton dealership Lakewood Chevrolet. The dealer group reported it will be purchasing a 75 percent non-voting equity ... [Read More]
Dealer Rewards Partners with Customer Loyalty Company
Thursday, Aug. 28, 2014, 02:23 PM
Auto Remarketing Canada Staff
Ackroo, purveyor of gift cards and other loyalty programs for companies in North America, announced a partnership with Dealer Rewards Inc. this week. Via their agreement, Ackroo and Dealer Rewards will share their products with their other automotive partners, including ... [Read More]
TradeTracker: Dodge Caravan Joins Pack of Most Appraised Vehicles
Thursday, Aug. 28, 2014, 02:15 PM
Auto Remarketing Staff
This summer has proved a popular season for the Ford F-150, as it notched the No. 1 spot for most appraised vehicle in Canada once again in July. The truck is also tops for year-to-date appraisal trends, as well. The Dodge ... [Read More]