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]

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]

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]

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]

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]

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]

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 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]

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]

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]