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How Canadian used-car prices fared last week
Wednesday, Jun. 23, 2021, 06:48 PM
Auto Remarketing Canada Staff
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]
Used-car considerations for summer road trip season
Tuesday, Jun. 22, 2021, 02:25 PM
Auto Remarketing Canada Staff
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]
15 straight weeks of wholesale vehicle price gains in Canada
Thursday, Jun. 17, 2021, 02:53 PM
Auto Remarketing Canada Staff
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 adds former StubHub president to board
Thursday, Jun. 17, 2021, 02:03 PM
Auto Remarketing Canada Staff
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]
CBB adds business development director
Thursday, Jun. 10, 2021, 03:02 PM
Auto Remarketing Canada Staff
Canadian Black Book has named a new director of business development. Hired for the role was James Hancock, whose background includes 14 years working with a luxury automaker in Canada and the U.S. Hancock has spent the last eight years ... [Read More]
May shows improving CPO car market in Canada
Tuesday, Jun. 8, 2021, 02:35 PM
Joe Overby, Senior Editor
Spring has brought a blooming certified pre-owned vehicle market in Canada. As the CPO market continues to bounce back, automakers were seeing a lot of good signs last month. Here's how some of the CPO programs are faring, based on ... [Read More]
PODCAST: Canada Drives co-CEO talks expansion & more
Friday, Jun. 4, 2021, 04:22 PM
Auto Remarketing Canada Staff
Canada Drives co-chief executive officer Cody Green joined the Auto Remarketing Podcast to discuss the company's online vehicle shopping and delivery platform expanding into Ontario, future growth plans and more. Plus, Green shares a bit about the company's platform in the ... [Read More]
Auto originations, delinquencies decline in Canada
Thursday, Jun. 3, 2021, 02:07 PM
Auto Remarketing Canada Staff
Though not as steep as the declines in other sectors, auto loan origination volumes in Canada dropped 8.8% year-over-year in the fourth quarter, according to the Q1 2021 TransUnion Industry Insights Report. Specifically, there were 435,065 auto loans originated in ... [Read More]
2021 Women & Automotive: Profiles in Leadership honorees
Wednesday, Jun. 2, 2021, 04:58 PM
Auto Remarketing Canada Staff
Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored and recognized a group of Canada’s leading women in automotive each year through our Women & Automotive: Profiles in Leadership program. This year's class is recognized ... [Read More]
OpenRoad adds residential real estate division
Tuesday, Jun. 1, 2021, 02:32 PM
Auto Remarketing Canada Staff
OpenRoad Auto Group is expanding from the highway to the neighborhood. British Columbia's largest auto dealer group announced last week that it has a launched a residential real estate division: OpenForm Properties. The company’s new residential development division has also unveiled ... [Read More]
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