AutoCanada continued its growth last week with the acquisition of Sterling Honda in Hamilton, Ontario. The retailer said the purchase will bring in annual revenues of more than $65 million. AutoCanada will fund the transaction from a drawdown of its credit ... [Read More]

PAVE, which is an automated vehicle inspection platform, announced earlier this week that online auto retailer CarDoor is now using the company’s platform to promote  greater transparency in consumers’ at-home vehicle inspections. PAVE’s digital inspection technology allows consumers to take ... [Read More]

On Monday, KAR Global announced the launch of a revamped website for its ADESA Canada marketplace. The company said the redesigned ADESA.ca aims to provide “greater clarity of products and services for both buyers and sellers — allowing current and ... [Read More]

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]