ADESA Canada adds more Simulcast+ sales
Tuesday, Apr. 6, 2021, 02:42 PM
Auto Remarketing Canada Staff
ADESA Canada announced Tuesday that it has expanded sales on the Simulcast+ platform, giving dealers across the country more “access to exclusive inventory.” These additional sales will run online at 10:30 am (EDT) Monday through Friday. The inventory will be ... [Read More]
Canadian wholesale vehicle prices show record weekly gains
Thursday, Apr. 1, 2021, 02:26 PM
Auto Remarketing Canada Staff
The new-car production logjam is impacting Canada’s used-car market, too. Canadian Black Book said in an analysis Tuesday that wholesale vehicle prices last week hit record weekly gains for both car and truck segments. The overall market was up 0.58% ... [Read More]
Dilawri Group launches omni-channel car purchasing
Wednesday, Mar. 31, 2021, 08:04 PM
Auto Remarketing Canada Staff
Dilawri Group of Companies, a Canadian automotive group, has launched what it is describing as a complete omni-channel purchasing experience in which customers can connect with the dealer through live video, chat, SMS text, email, phone and at the store. Dilawri ... [Read More]
TRADER honors dealers for consistent, transparent pricing
Monday, Mar. 29, 2021, 07:17 PM
Auto Remarketing Canada Staff
Ian MacDonald said TRADER Corp. is dedicated to reinforcing consumer trust and confidence through fair and accurate pricing. “So it gives us great pleasure to award partners who share this vision,” said MacDonald, who is chief marketing officer for TRADER, in ... [Read More]
CBB: Pandemic made ‘huge impact’ on used-vehicle retained values
Wednesday, Mar. 24, 2021, 08:07 PM
Auto Remarketing Canada Staff
If one message can be taken from the Canadian Black Book 2021 Best Retained Value Awards, with winners announced Wednesday, it is that used vehicles today are holding far more value than ever before. That is the case even as ... [Read More]
New CFO at OpenRoad Auto Group
Tuesday, Mar. 23, 2021, 01:43 PM
Auto Remarketing Canada Staff
OpenRoad Auto Group announced a new executive vice president and chief financial officer earlier this month, appointing former PricewaterhouseCoopers partner Tahir Ayub to the role. Ayub was a partner at PwC for more than two decades and held several ... [Read More]
Axis Auto Finance highlights 5 accomplishments recorded in Q2
Thursday, Mar. 18, 2021, 02:02 PM
Auto Remarketing Canada Staff
Five critical performance metrics Axis Auto Finance recorded during the second quarter of its 2021 fiscal year moved in positive directions. The finance company that specializes in the subprime space announced record results for the quarter that ended on Dec. ... [Read More]
Experts see Canadian economy rebounding after lockdowns hamper 2021 start
Tuesday, Mar. 16, 2021, 01:58 PM
Auto Remarketing Canada Staff
After Canada made improvements on the job front during the closing two months of last year, the employment picture turned murky again to begin 2021 triggered by a second wave of lockdowns because of the pandemic. However, experts are expecting ... [Read More]
LGM program works toward positive societal, environmental impact
Friday, Mar. 12, 2021, 07:50 PM
Auto Remarketing Canada Staff
Canadian F&I products provider LGM notes its track record of having a social conscience. The company created an Auto Dealers Against Distracted Driving campaign and recently helped create Canada’s first hydrogen fueling station. This month, LGM continued that track record by ... [Read More]
Online sales platform Digital Motors moves into Canada
Thursday, Mar. 11, 2021, 03:16 PM
Auto Remarketing Canada Staff
Fueled by a $10 million Series A funding round, online sales platform Digital Motors has expanded into Canada. The company, which is based in Southern California, provides dealers and automakers a platform that facilitates a purchase process where the customer ... [Read More]