AutoCanada, the only publicly traded dealer group based in Canada, first forayed into the U.S. in 2018, when it bought the Grossinger Auto Group in Illinois. This acquisition added eight dealerships to the group’s linkup in Metro Chicago, plus another ... [Read More]

There’s a trend that may have started back before the pandemic, but is ramping up recently: Canadian dealers are increasingly looking south of the border, eyeing mergers, acquisitions and opportunities in the U.S. Auto Remarketing Canada spoke with a variety ... [Read More]

GM Financial Canada has taken over for General Motors Canada as the program manager for GM Protection protects, a move that was effective last month, the company said in a news release Wednesday. GM Financial Canada will head up development ... [Read More]

British Columbia-based Kot Auto Group has added its first Chrysler-Jeep-Dodge-Ram store, purchasing Woodgrove Chrysler. The store is Kot’s second on Vancouver Island, having purchased Victoria Hyundai in June 2019. “We are excited to expand with a dedicated domestic brand to ... [Read More]

Mercedes-Benz Canada will have a new president and chief executive officer on Oct. 1. Succeeding Eva Wiese will be Andreas Tetzloff, who has headed up Mercedes-Benz Russia since March. Wiese will become managing director of Mercedes-Bez Customer Solutions GmbH. “On ... [Read More]

AutoVerify announced Tuesday it has acquired iDealerPlus, a dealer-facing software platform that aims to match consumers to a specific vehicle in a dealer’s inventory based on their credit profile and the dealer’s profitability guidelines. “By integrating iDealerPlus into the AutoVerify ... [Read More]

AutoCanada said Monday it has purchased Markham, Ontario-based Velocity Autobody, which is a Tesla-certified, I-CAR Gold Class collision center. This is the seventh collision center AutoCanada has acquired since the fourth quarter of 2020, said executive chairman Paul Antony, who ... [Read More]

IAA said Monday that its non-branded repairable vehicles in Canada now include vehicle history reports from CARFAX Canada. Buyers will be able to see any available report, with no limits, and won’t have to pay for the report until they ... [Read More]

EBlock has pivoted its growth strategy. Instead of a U.S.-wide expansion plan with a year-end 2023 target date, the digital wholesale marketplace will concentrate on its existing markets of Canada, the U.S. West, Midwest and Gulf States, parent company E ... [Read More]

When Roger Penske, Rick Hendrick and the late Bruton Smith are mentioned, you might just quickly think of auto racing as fast as vehicle retailing. Holand Automotive Group president and chief executive officer Gad Bitton now is on a similar ... [Read More]