Ford again leads the way in Vincentric's Best CPO Value in Canada awards
Tuesday, Sep. 17, 2024, 09:57 AM
Canadian wholesale market trends up for first time in 2.5 years
Friday, Sep. 13, 2024, 10:05 AM
AutoCanada begins financial ‘realignment’ with sale of 2 Alberta dealerships
Thursday, Sep. 12, 2024, 10:30 AM
ARI Reveals 2 New Exec Appointments in Canada
Thursday, Dec. 12, 2013, 05:00 AM
Sarah Rubenoff, Auto Remarketing Canada Editor
Fleet services provider ARI announced two new executive appointments this week. Rick Tousaw has been promoted to senior vice president and general manager of ARI Canada. And Craig Balfour has been promoted to vice president of sales for ARI Canada. ... [Read More]
Mercedes-Benz Canada Announces 2014 Star Dealers
Thursday, Dec. 12, 2013, 05:00 AM
Auto Remarketing Canada Staff
Mercedes-Benz Canada revealed this week its 2014 Star Dealers list. These awards honor the top 10 authorized Mercedes-Benz dealers in Canada, “reinforcing the critical role that each dealership plays in the overall success of the Mercedes-Benz, AMG, smart and Sprinter ... [Read More]
New Company Aims to Change the Dealership Review ‘Eco-System’
Tuesday, Dec. 10, 2013, 04:35 PM
Auto Remarketing Canada Staff
A bad customer review can spark fear in the hearts of most any business owner. And dealers have their own set of issues to navigate when trying to secure reviews from happy customers. Mobials Inc., a new mobile software development ... [Read More]
AutoCanada Reports Used Sales Increase; Plans to Add 4-7 Dealerships
Tuesday, Dec. 10, 2013, 04:29 PM
Auto Remarketing
AutoCanada Inc. reported a successful Q3 last week, seeing a large profit increase and rises in used-car sales. The dealership group announced a profit increase of 61.1 percent. And revenue increased by a whopping 35.1 percent or $104.9 million to ... [Read More]
CarProof Hires 1st Director of Financial Planning and Analysis
Tuesday, Dec. 10, 2013, 04:27 PM
Auto Remarketing
CarProof Vehicle History Reports announced this week it has made a hire in a brand new position: director of financial planning and analysis. Chosen for the role is Alison Doyle, who will be responsible for analyzing company and market data ... [Read More]
ADESA Canada Used Vehicle Price Index Update Shows Double-Digit Percentage Drops for Mid-Compact Cars
Tuesday, Dec. 10, 2013, 04:25 PM
Auto Remarketing
The ADESA Canada Used Vehicle Price Index powered by ALG Canada has been updated through October, and it shows wholesale prices have recently seen one of the biggest drops this year. With all segments experiencing negative price movement, the index ... [Read More]
Report: Auto Industry Profit Margins Spike; Canada Pulls in Record Monthly New-Car Sales
Tuesday, Dec. 10, 2013, 04:22 PM
Auto Remarketing
The results of Scotiabank’s Global Auto Report that were released today show auto industry profit margins have spiked to 10-year highs, reaching above pre-recession levels, with the highest profitability showing up in North America. The report indicates that the five ... [Read More]
At Least 2 Brands See Best-Ever November CPO Sales in Canada
Tuesday, Dec. 10, 2013, 04:18 PM
Auto Remarketing
Canadian certifed pre-owned results began rolling in as the selling month came to an end this past weekend. Once again, the European automakers are showing impressive results, with Audi Canada seeing a 19-percent increase from November 2012. Elankum Vairavanathan, manager, ... [Read More]
Copart Acquires 5th Canadian Operation
Tuesday, Dec. 10, 2013, 04:15 PM
Auto Remarketing
Online salvage vehicle auction company Copart broadened its presence in Canada this week by acquiring a privately held operation. Augmenting its two sites apiece in Alberta and Ontario, Copart acquired Berpa Auto Auction, which is located in Montreal, Quebec. “This ... [Read More]
Manufacturers Express Positive Reaction to Canada’s New Trade Agreement With European Union
Tuesday, Dec. 10, 2013, 04:12 PM
Auto Remarketing
As Prime Minister Stephen Harper announced the Canadian government had reached a free trade agreement with the European Union late last week, many of Canada’s OEMs and manufacturers were already reacting positively to the move. The government has said that, ... [Read More]