Nissan, Infiniti Dealers To Have New Protection Program Option
Thursday, May. 8, 2014, 01:44 PM
Auto Remarketing Canada Staff
Nissan Canada Extended Services Inc. announced a new partnership this week with Safe-Guard Canada that will give dealers another warranty and protection program to offer new customers. Protection plans administered by Safe-Guard Canada will be available to Nissan and Infiniti ... [Read More]
Honda Canada Recalls Over 1K 2014 Odysseys
Wednesday, May. 7, 2014, 05:25 PM
Auto Remarketing Staff
Honda announced this week it is recalling 1,501 2014-model-year Odyssey vehicles in Canada to repair the electrical coupler — a component in the passenger side curtain airbag system. “During assembly of the electrical coupler for the passenger side curtain airbag, ... [Read More]
TradeTracker: Ford F-150 Popularity Soars in Q1
Tuesday, May. 6, 2014, 08:42 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
The Ford F-150 has done it again. Scoring the top spot for April, the truck has managed to swipe the No. 1 spot as the most appraised vehicle in Canada every month this year. In fact, the top three models ... [Read More]
2 European Automakers Break All-time CPO Records in April
Tuesday, May. 6, 2014, 03:05 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As the first quarter wrapped up, two European automakers secured all-time certified pre-owned monthly sales records in April. First up, Volkswagen Canada broke the first all-time record month it notched in March by over 100 units this past month. In ... [Read More]
Q1 Auction Price Spike to Linger
Thursday, May. 1, 2014, 02:29 PM
Auto Remarketing Canada Staff
Though relief from high prices at auction is almost visible on the horizon, according to industry predictions, dealers are still having to shell out for quality used vehicles in the lanes, at least for the short term. According to RVI’s ... [Read More]
AutoCanada Increases Floorplan Facility to Make Way for Expansion
Thursday, May. 1, 2014, 01:57 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
It’s been a big week for AutoCanada. In time with the company revealing it is in the process of adding eight new dealership to its lineup, the dealer group also recently announced it has increased its floor plan credit facility ... [Read More]
New Hyundai Canada Leader Takes the Reins
Thursday, May. 1, 2014, 01:21 PM
Auto Remarketing Canada Staff
Donald Romano takes the reins at Hyundai Auto Canada Corp. today as its new president and chief executive officer. The former chief operating officer is replacing Steve Kelleher in the leadership position, who elected to retire at the end of ... [Read More]
AutoCanada In Process of Adding 8 Dealerships to Lineup
Tuesday, Apr. 29, 2014, 06:49 PM
Auto Remarketing Canada Staff
AutoCanada gave an update today on what’s in its acquisition pipeline, revealing a series of purchases that have the potential to make the company over $400 million in extra annual revenue. The company announced today that it has signed a ... [Read More]
4 Reasons This Is the Time to Be In the Buy-Here, Pay-Here Business
Thursday, Apr. 24, 2014, 01:33 PM
Mark Dubois , Dealer Performance and Consulting
Buy-here, pay-here and lease-here, pay-here financing has seen significant growth in popularity in Canada during the past few years. In the United States, there are approximately 28,000 dealers providing this form of financing to customers. These dealers understand that BHPH ... [Read More]
Canadian Dealerships See Record 2013 Sales
Wednesday, Apr. 23, 2014, 05:31 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Canadian dealers are on a roll as new-vehicle sales continued to rise in the first quarter of 2014. New light-vehicle sales climbed 0.9 percent during the quarter, as dealers moved forward from 2013's record-breaking numbers, according to DesRosiers Automotive Consultants ... [Read More]