
Axis shareholders to vote on going private as subprime lender gets set to shut down
Wednesday, Apr. 16, 2025, 03:04 PM

Autocorp.ai teams with CBB to automate dealership inventory matching
Tuesday, Apr. 15, 2025, 10:47 AM

HGreg earns CADA Award nomination for business innovation
Tuesday, Apr. 15, 2025, 10:45 AM
With tariffs on the brink, Canadian auto industry braces for impact
Friday, Feb. 28, 2025, 01:06 PM
Andrew Friedlander, Associate Editor
The other shoe is about to drop.
A 25% tariff by the U.S. on Canadian imports, long threatened by President Donald Trump and paused a month ago, are scheduled to go into effect Tuesday.
During a week of mixed messages, Trump on Thursday reaffirmed his intention to go ahead with tariffs on Canadian and Mexican goods when the pause expires.
Which leaves Canada’s used-car industry wondering: What happens now? ... [Read More]
Canadian wholesale market stable as tariffs loom
Thursday, Feb. 27, 2025, 11:04 AM
Auto Remarketing Canada Staff
Stability reigns in the Canadian wholesale used-vehicle market. A least for now. While the threat of tariffs and a trade war with the U.S. loom on the horizon, the week ending Feb. 22 looked a lot like the previous few: ... [Read More]
Report: Auto theft down 18.6% in Canada, but level still ‘unreasonably high’
Thursday, Feb. 20, 2025, 08:49 AM
Auto Remarketing Canada Staff
Auto theft is declining in Canada, but the rate is still “unreasonably high,” according to Équité Association’s latest report. The 2024 Auto Theft Trend Report, released last week by the nonprofit organization supporting Canadian property and casualty insurers, showed auto ... [Read More]
Hyundai Canada launches nonprofit to fight pediatric cancer
Tuesday, Feb. 18, 2025, 10:37 AM
Auto Remarketing Canada Staff
Hyundai Auto Canada and its dealers have launched a major initiative to help kids with cancer. The automaker said it is in the final stages of registering Hyundai Hope on Wheels in Canada as a federal nonprofit entity. The organization ... [Read More]
Canadians’ journey to NADA Show: What a long, strange trip it was
Monday, Feb. 17, 2025, 10:40 AM
Andrew Friedlander, Associate Editor
When Jon MacPhee and his wife booked their flight to New Orleans for the 2025 NADA Show, they were looking forward to what they thought would be a warm getaway from the Canadian winter.
The reality, of course, was just a bit different.
A record-breaking blizzard covered New Orleans with eight inches of snow on Jan. 21 — two days before the auto retail industry’s largest annual event was to begin — paralyzing the unprepared city and shutting down its airport.
For Canadian dealers and vendors determined to attend, that was the beginning of an odyssey filled with delays, cancellations, unexpected detours, last-minute changes and in many cases multiple modes of transportation.
The trip to the Big Easy turned out to be anything but ... [Read More]
Toyota shines again in CBB Residual Value Awards, but residuals trending down
Thursday, Feb. 13, 2025, 03:16 PM
Auto Remarketing Canada Staff
Toyota continued its domination of Canadian Black Book’s Best Residual Value Awards, remaining the only automaker to claim the Overall Brand Award for cars in the program’s four-year history. Toyota also won the brand award in the SUV/truck category for ... [Read More]
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]
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