E Automotive Inc. released its third-quarter and year-to-date earnings results earlier this week, sharing increases in both revenue and vehicles transacted, among other highlights. It has been a busy year for E Inc., parent company of the EBlock digital wholesale ... [Read More]

TRADER Corp. said Thursday it is acquiring Dealertrack Canada from Cox Automotive’s Canadian retail business, along with the Canadian operations of VinSolutions, Dealer.com, Xtime and Kelley Blue Book. The company said most Canadian Cox Automotive Retail employees will likely move ... [Read More]

Just nine days after its most recent acquisition, AutoCanada said Tuesday it has purchased two luxury collision centers in Scarborough, Ontario: Excellence Auto Collision Silver Star and Excellence Auto Collision Midwest. Excellence Auto been in the greater Toronto area for more ... [Read More]

Brent Lane, who is the CEO and founder of HeyAuto,  a new Canadian online transaction platform for vehicle buyers, is looking to “build solutions for car owners” — and dealers, for that matter. The car purchase — which can be the second- or ... [Read More]

AutoCanada said Monday it has acquired Kavia Auto Body in Saskatoon, Saskatchewan. The purchase of the collision center, which has been open for nearly 40 years and is an SGI Elite collision center, is AutoCanada’s fifth acquisition in the past ... [Read More]

Service departments have always been a crucial part of franchised dealers' businesses and used-car inventory pipelines. And this year, this reality has been pushed to the forefront with a boom in the service industry’s market value in Canada. According to ... [Read More]

In September, Canadian Black Book’s Used Vehicle Retention Index increased sequentially after three months of declines. Last week, however, Canadian wholesale vehicle prices reached a milestone of a different sort. The 0.56% drop marked the most significant decline in used-vehicle ... [Read More]

The vehicle service market is on the rise in the automotive industry, according to new research from J.D. Power. The recently released 2022 Canada Customer Service Index shows that as vehicle owners in Canada transition to a “post-pandemic world” and ... [Read More]

AutoVerify announced it has purchased Car Media 2.0, which provides vehicle inventory imaging services to dealers. With shoppers expecting to be able to get detailed interior and exterior vehicle imagery online, this move “enables AutoVerify to help dealers provide this type ... [Read More]

From franchised dealerships and collision centers to independent stores and now auctions, AutoCanada has been on the acquisition path this year. Its latest purchase marked the publicly traded dealer group’s first foray into the wholesale industry. AutoCanada recently announced its ... [Read More]