Vincentric spotlighted its 2022 Best CPO Value in Canada Awards last week, and standing out from the pack were Toyota and Hyundai. Both took home four model-level wins as well as one brand award apiece, with Toyota earning top marks ... [Read More]

KAR Global announced upgrades in Canada last week that are designed to make processing Assurance claims and arbitration more efficient for its ADESA Canada and TradeRev marketplaces, and allow bulk checkout for purchases on these online platforms. With the enhancements, ... [Read More]

J.D. Power has launched its J.D. Power Dealer of Excellence Program in Canada, and sweeping the inaugural list of honorees is the Dilawri Group, whose Markham Honda, Dixie Mazda, Acura North Toronto, Volkswagen de Sources and Audi Queensway stores were ... [Read More]

Online car shopping and delivery platform Canada Drives said Thursday it has closed another $10 million (CAD) in equity funding from existing strategic investors. This follows a $40 million funding round in June from goeasy Ltd. Canada Drives, which has ... [Read More]

In the past 60 days, AutoCanada has acquired a franchised dealership, a large independent store and a collision center. Late on Tuesday, the company announced it acquired an auto auction by making a deal to get North Toronto Auction, a ... [Read More]

It was another week of price slowdowns in the Canadian wholesale market, with overall values dropping 0.27% for the week ending Friday, according to the latest Market Insights report from Canadian Black Book. That compares to a 0.30% decline the ... [Read More]

It was another week of falling prices in the Canadian wholesale vehicle market. The overall market was down 0.30% for the week ending Sept. 23, steady with ... TO READ THE FULL STORY BECOME A MEMBER Login [Read More]

In a move that it says broadens its Used Digital Retail initiative, AutoCanada has purchased independent used-car dealership Auto Gallery of Winnipeg. AutoCanada said the acquisition of the store, which also includes the underlying real estate, would bring in annual ... [Read More]

Facedrive Inc. has expanded its STEER EV electric vehicle subscription service to Florida, the company’s third U.S. market. STEER launched in Washington, D.C., in May 2019, and was acquired by Facedrive in September 2020. It expanded to Canada last year, ... [Read More]

This week, a monumental privacy regulatory change takes effect in Canada that will directly impact the remarketing operations of auto consignors and their suppliers — chiefly among them auto auctions, recovery agents, and vehicle inspectors, in addition to fleet, rental and ... [Read More]