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]

AutoCanada said Tuesday it has spread to western Manitoba, purchasing Kelleher Ford in Brandon. The store, which also includes a collision center, is western Manitoba’s largest Ford dealership. Current management will remain. “This high-quality operation is our second Ford dealership ... [Read More]

Auto Financial Group Canada has named a new operations manager. Promoted to the role is Rachel Fern, who has been with the company for more than four years. Fern will work with all departments in AFG’s Canada operations and Houston ... [Read More]

After hitting a high in March, wholesale vehicle values in Canada have now fallen sequentially for three straight months, and the year-over-year growth — while still in double-digit percentages — has moderated. Still, used-car prices remain “extremely high,” as Canadian Black Book ... [Read More]

The J.D. Power 2022 Canada Dealer Financing Satisfaction Study analyzed the Canadian auto finance sector and, perhaps not surprisingly, found that supply-chain issues are affecting available inventory at auto dealerships in Canada.  Additionally, J.D Power said in a news release ... [Read More]

Cryptocurrency usage is gaining popularity at a dramatic pace, especially among the millennial generation. In fact, according to data cited by Cion Digital president and co-founder Fred Brothers — whose company delivers a cryptocurrency purchasing option for auto dealers — ... [Read More]

Global mobility provider SIXT is entering Canada. The rental car company said Tuesday it will launch first in Vancouver — with its debut Canadian branch in the city’s Library Square — followed by Toronto. “Expanding into Canada is a huge ... [Read More]