Ford again leads the way in Vincentric's Best CPO Value in Canada awards
Tuesday, Sep. 17, 2024, 09:57 AM
Canadian wholesale market trends up for first time in 2.5 years
Friday, Sep. 13, 2024, 10:05 AM
AutoCanada begins financial ‘realignment’ with sale of 2 Alberta dealerships
Thursday, Sep. 12, 2024, 10:30 AM
SCI MarketView changes brand, names new president
Tuesday, Sep. 14, 2021, 09:56 PM
Auto Remarketing Canada Staff
SCI MarketView changed its name to taq Automotive Intelligence this week, which it describes as a move related to the ever-evolving automotive sales market and digital sales strategy. The move reflects the company’s "evolution towards reinventing automotive sales and purchasing." “From ... [Read More]
AutoCanada adds Montreal’s Autolux to Collision Center lineup
Monday, Sep. 13, 2021, 09:13 PM
Auto Remarketing Canada Staff
Dealer group giant AutoCanada has purchased a new collision center in Montreal. Its new addition — Autolux MB Collision — is a luxury-brand certified Mercedes-Benz collision center with over 30 years of experience in its market. "The addition of this high-quality collision centre is ... [Read More]
4 straight weeks of wholesale vehicle price declines
Thursday, Sep. 9, 2021, 04:02 PM
Auto Remarketing Canada Staff
Wholesale vehicle prices in Canada have climbed four consecutive weeks, amid tight supply that’s often gobbled up as soon as buyers can get their hands on a vehicle. That’s according to the latest Canadian Auto Market Update from Canadian Black ... [Read More]
EBlock buys TradeHelper & ESP Auctions
Wednesday, Sep. 8, 2021, 03:07 PM
Auto Remarketing Canada Staff
EBlock continues to grow, and this time, it has made a move in Canada. The company announced Wednesday it has acquired digital dealer-to-dealer auction marketplace TradeHelper and parent company ESP Auctions. The latter is a Montreal-based independent auction. ESP owner ... [Read More]
TRADE X purchases Techlantic
Tuesday, Sep. 7, 2021, 02:33 PM
Auto Remarketing Canada Staff
Cross-border vehicle trading platform TRADE X said Tuesday it has reached a deal to buy Techlantic Ltd., a vehicle trading, redistribution and financing company based out of Ontario. Terms of the deal, which closed on Aug. 31, were not disclosed. ... [Read More]
Vincentric names Best CPO Value in Canada winners
Thursday, Sep. 2, 2021, 03:10 PM
Auto Remarketing Canada Staff
Vincentric announced its 2021 Best CPO Value in Canada Awards this week, and leading the pack were Kia and Mazda. Each of those automakers earned one brand award apiece, and each took home four model-level awards. Specifically, Kia earned brand ... [Read More]
Lithia launches in Canada
Tuesday, Aug. 31, 2021, 01:57 PM
Joe Overby, Senior Editor
Lithia & Driveway has expanded into Canada. The U.S. retailer, which is publicly traded on the NYSE, announced Tuesday it has purchased Toronto-based Pfaff Automotive Partners, representing Lithia’s first-ever acquisition outside of the U.S. Lithia, which is based in Oregon and ... [Read More]
TRADE X closes financing round with additional $10M in funding
Monday, Aug. 30, 2021, 04:05 PM
Auto Remarketing Canada Staff
Vehicle trading platform TRADE X said Monday it has completed a financing round announced in late July, bringing in additional equity funding of $10 million (USD). Leading the additional equity funding are new investors that include EchoVC, Frontier Ventures and Upgrowth. ... [Read More]
CBB promotes Biswah to senior vice president and general manager
Thursday, Aug. 26, 2021, 07:52 PM
Auto Remarketing Canada Staff
Auto Remarketing Canada included Yolanda Biswah among the Women & Automotive Profiles in Leadership three years ago. On Thursday, Biswah continued to show her leadership abilities, having landed another executive promotion at Canadian Black Book since joining the company in ... [Read More]
Reynolds partners with DealerCorp to deploy deskit & stockit
Thursday, Aug. 26, 2021, 02:06 PM
Auto Remarketing Canada Staff
A dealership software company with a significant presence in the United States is looking to broaden its footprint to the North. Reynolds and Reynolds recently announced a new partnership in Canada with DealerCorp Solutions, a software company with a focus ... [Read More]