TRADE X, which is an Ontario-based global cross-border B2B vehicle trading platform, announced a $44 million CAD ($35 million US) equity investment from Toronto-based holding company Aimia on Tuesday. TRADE X may issue an additional $10 million (USD) of convertible ... [Read More]

The Auto Remarketing Canada Conference is an annual event bringing together all corners of Canada’s used-vehicle industry to learn about the latest trends in the auto business, share best practices and network.    The two-day event, scheduled for July 20-21, ... [Read More]

While the degree of increase was lower, it was a steadily strong week for the Canadian wholesale vehicle market, according to Canadian Black Book, which found overall prices were up 0.01% for the week ending July 2. That compares to [Read More]

At the halfway point of 2021, the certified pre-owned market in Canada is showing some promise.  Below is a roundup of how various automakers are faring, based on results provided to Auto Remarketing Canada. [Read More]

While wholesale vehicle prices in Canada were still up last week, the rate of increase eased, according to the Canadian Auto Market Update released Tuesday by Canadian Black Book. [Read More]

In addition to new digital retailing capabilities, Mitsubishi Motors Sales of Canada has named a new president and chief executive officer. The company announced Thursday that Kenji Harada, who has been the MMSCAN’s chief operating officer since April 1, would ... [Read More]

Wholesale vehicle prices were up in Canada last week, but only slightly, according to the latest weekly report from Canadian Black Book. Overall, prices climbed 0.08%, compared to a gain of 0.35% the prior week. The average for the same ... [Read More]

It’s about time to hit the road in Canada. Once the pandemic restrictions are lifted, 84% of Canadians say they might take a road trip this summer, says CARFAX Canada. And for those looking to buy a used car as ... [Read More]

Wholesale vehicle prices have increased for 15 consecutive weeks in Canada, according to the Canadian Auto Market Update released Tuesday by Canadian Black Book. Last week, used prices were up 0.35% overall, with trucks/SUVs up 0.36% and cars were up ... [Read More]

Canada Drives added to its board of directors this week, appointing Sukhinder Singh Cassidy as lead independent director. Singh Cassidy is the former president of StubHub and has held senior leadership posts at Google, theBoardlist, Yodlee, Polyvore, Joyus and Amazon. ... [Read More]