Canadian Wholesale Prices End 2013 on the Rise
Thursday, Jan. 16, 2014, 08:09 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
During the last month of 2013, wholesale prices did rise on an overall basis — a trend dealers experienced during most of last year — but the spike was slight, and price movements for most segments were negative. According to ... [Read More]
Tracking Devices Aid in Bust of International Car-Theft Crime Ring
Friday, Jan. 10, 2014, 04:58 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Many high-end vehicle dealers in Canada are breathing a sigh of relief as Canadian and U.S. law enforcement agencies cracked down on an international vehicle theft crime ring, recovering $3.2 million in assets. Car recovery company LoJack Corp. reported its ... [Read More]
Canada Hits Record for New-Car Sales in 2013
Thursday, Jan. 9, 2014, 05:23 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
After years of post-recession lows, the Canadian automotive market reached a new record in 2013, according to analysis from the Canadian Automotive Dealers Association released this week. A whopping 1.74 million new cars were sold in Canada last year, up ... [Read More]
Hyundai Auto Canada Chooses Former Mazda Canada President as First COO
Thursday, Jan. 9, 2014, 05:21 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Hyundai Auto Canada Corp. announced its choice for its very first chief operating office, hiring an industry veteran for the job. Donald Romano brings over 29 years of experience in the automotive industry to the role of COO. The company ... [Read More]
European Brand CPO Sales Soar
Wednesday, Jan. 8, 2014, 05:39 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As December and full-year 2013 certified pre-owned results came in, it’s evident that while European automakers saw CPO sales rise consistently throughout this past year, Japanese brands were feeling the sting of tight used supply. One European brand even notched ... [Read More]
Can Automakers Shift Canadian Consumer Interest From Long-Term Loans Back to Leasing?
Thursday, Dec. 19, 2013, 05:00 AM
Sarah Rubenoff, Auto Remarketing Canada Editor
Though analysts offered no short-term good news in regards to Canadian leasing levels, movement in the new-car market could spell more off-lease vehicles in the future. That is, if OEMs are able to turn consumers away from long-term loans and ... [Read More]
Acura Canada to Recall More Than 3K Model-Year 2014 Vehicles
Thursday, Dec. 19, 2013, 05:00 AM
Sarah Rubenoff, Auto Remarketing Canada Editor
Acura Canada announced two recalls this week that affect more than 3,000 model-year 2014 units in Canada. First, Acura said it is recalling 3,074 MDX vehicles from the 2014 model year to inspect and, if needed, tighten or replace bolts ... [Read More]
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]