
CBB's 2025 forecast tells industry ability to pivot is key in a ‘tumultuous’ year
Thursday, Mar. 6, 2025, 03:49 PM

With tariffs on the brink, Canadian auto industry braces for impact
Friday, Feb. 28, 2025, 01:06 PM

Rise in CBB index hints at tariff-driven ‘instability’ ahead for wholesale market
Thursday, Mar. 6, 2025, 10:23 AM
Dealer news: Go Auto’s Team Ford earns community service award; OpenRoad opens 7th collision center
Thursday, Feb. 13, 2025, 11:18 AM
Auto Remarketing Canada Staff
A Go Auto dealership has been selected for one of Ford’s highest awards. Team Ford in Edmonton, one of more than 60 dealerships operated by Go Auto, has been named a recipient of the automaker’s Edsel B. Ford II Salute ... [Read More]
CBB monthly index makes its biggest jump in three years
Thursday, Feb. 13, 2025, 11:03 AM
Auto Remarketing Canada Staff
After half a year of slowly creeping upward, the Canadian wholesale used-car market took a significant leap in January. Canadian Black Book’s Used Vehicle Retention Index was up 2.3 points for the month, rising to 138.0 from December’s 135.7. That’s ... [Read More]
Uncertainty rules outlook for Canada’s 2025 retail used-car market
Tuesday, Feb. 11, 2025, 10:34 AM
Alysha Webb, Correspondent
There’s some disagreement about the forecast for Canada’s retail used market in 2025. But analysts agree on one thing: it’s hard to know exactly what retail used-car demand and pricing is going to look like this year. “Assuming there are ... [Read More]
Reynolds-Kimoby partnership adds French to Quebec dealers’ payment system
Tuesday, Feb. 11, 2025, 10:18 AM
Auto Remarketing Canada Staff
Dealership software provider Reynolds and Reynolds is collaborating with Kimoby, to help Quebec dealers collect payments efficiently. The partnership gives Reynolds’ dealership customers in Quebec access to Kimoby Pay, an electronic payment processing system that can be used in store ... [Read More]
Potential tariffs, a new Prime Minister and interest rate fluctuations contribute to wholesale used-car market uncertainty
Thursday, Feb. 6, 2025, 10:35 AM
Arlena Sawyers, Correspondent
People whose business it is to know and monitor the Canadian wholesale automotive industry are keeping a watchful eye on wholesale prices and inventory and three potential curve balls that could impact both:
— U.S. President Trump’s announcement that his administration will impose 25% tariffs on goods imported into the U.S. from Canada and Mexico (a move that has since been paused)
— A change in Canada’s political landscape as a result of Prime Minister Justin Trudeau’s decision to resign
— Interest rates and inflation
Canada’s wholesale used-car industry is concerned about ... [Read More]
Canadian wholesale values close in on break-even point
Thursday, Feb. 6, 2025, 10:09 AM
Auto Remarketing Canada Staff
Having slowed to a crawl in January, the fall of Canadian wholesale used-vehicle values has reached a virtual standstill. According to Canadian Black Book’s weekly Market Insights report, the market was down a mere 0.05% for the week ending Feb. ... [Read More]
JLR Canada taps Otolane platform to remarket company cars
Tuesday, Feb. 4, 2025, 11:20 AM
Auto Remarketing Canada Staff
Jaguar Land Rover’s Canadian operation has a new remarketing partner. Otolane, an online dealer-to-dealer wholesale remarketing platform, announced its collaboration with JLR Canada for the OEM’s fleet of company cars. Through the program, which will launch in February, JLR retailers ... [Read More]
iA Financial sees ‘growth and synergies’ with newly acquired Global Warranty
Tuesday, Feb. 4, 2025, 10:41 AM
Auto Remarketing Canada Staff
iA Financial Group has acquired Global Warranty, a group of independent warranty providers and administrators for the Canadian used-vehicle market, iA announced. London, Ontario-based Global Warranty provides vehicle warranties and vehicle protection products for more than 1,500 dealerships and 400 ... [Read More]
Equifax, Interac tools to power Dealertrack Canada’s new fraud-prevention system
Tuesday, Feb. 4, 2025, 10:39 AM
Auto Remarketing Canada Staff
Three big industry players are teaming up to help prevent fraud in Canadian auto finance. Dealership software provider Dealertrack Canada has partnered with Equifax Canada and Interac to introduce a new identity verification system using Equifax’s identity orchestration services integrated ... [Read More]
Rate of decline in Canadian wholesale market slows to crawl
Thursday, Jan. 30, 2025, 11:02 AM
Auto Remarketing Canada Staff
The decline of Canadian wholesale used-vehicle values has slowed to a crawl. Canadian Black Book’s weekly Market Insights report for the week ending Jan. 25 showed the overall market down just 0.10%, following the previous week’s 0.17% decrease. Truck/SUV values ... [Read More]