Vehicle finalists for autoTRADER.ca awards stand out for innovation, comfort
Wednesday, Dec. 2, 2020, 08:27 PM
Auto Remarketing Canada Staff
autoTRADER.ca announced the finalists for its 2021 autoTRADER.ca Awards, stating that the finalists are models the jury would recommend to Canadians “without a doubt.” The awards recognize vehicles for their value, innovation, performance, comfort, technology and ultimate desirability. The awards ... [Read More]
Cox Automotive Canada works toward inclusivity, fights racism
Wednesday, Dec. 2, 2020, 07:44 PM
Auto Remarketing Canada Staff
Stating that it has made recent efforts to fight systemic racism and promote diversity through inclusion and equal opportunity for everyone, Cox Automotive has established its newest employee resource group called the Black Employee Network. That program is for any ... [Read More]
AutoCanada’s used-car program acquires Ontario independent dealership
Tuesday, Dec. 1, 2020, 05:33 PM
Auto Remarketing Canada Staff
AutoCanada's recently formed Used Digital Retail Division has purchased Ontario independent used-car dealership Haldimand Motors, the retailer said Tuesday. The purchase is part of the company's previoulsy announced Used Digital Retail Initiative and will become part of AutoCanada's new ... [Read More]
PODCAST: A view into Canada’s retail car market
Tuesday, Nov. 24, 2020, 05:25 PM
Auto Remarketing Canada Staff
In this episode of the Auto Remarketing Podcast, Sam LaPointe, who is director of sales in Canada at CarGurus, joins the show to discuss some of the challenges and opportunities facing car dealers in Canada, the country's used-car market, digital retail ... [Read More]
CARFAX Canada revamps history report design
Monday, Nov. 23, 2020, 05:19 PM
Auto Remarketing Canada
CARFAX Canada said Friday it has revamped its Vehicle History Reports’ design, with the goal of making it easier for consumers to grasp a car’s history and to see the information needed to make the best buying and selling decision. ... [Read More]
Low wholesale supply keeps vehicle price declines less steep than usual
Thursday, Nov. 19, 2020, 03:48 PM
Joe Overby, Senior Editor
Wholesale vehicle prices in Canada have now fallen for five straight weeks, but take that trend with a grain of salt. According to Canadian Black Book’s latest weekly COVID-19 Market Update, the declines are lower than seasonally expected and pale ... [Read More]
Canada Drives receives more accolades from Deloitte Canada
Thursday, Nov. 19, 2020, 03:14 PM
Auto Remarketing Canada Staff
Deloitte Canada continues to see quite a notable performance originating from Canada Drives. According to a news release distributed this week, the fintech firm and online retailer has been presented with an Enterprise Fast 15 award from Deloitte Canada in ... [Read More]
Used cars a major Q3 highlight for AutoCanada
Tuesday, Nov. 17, 2020, 04:12 PM
Joe Overby, Senior Editor
Among other factors, strong used-vehicle operations helped AutoCanada notch a solid third quarter, according to quarterly results announced by the retailer last week. Looking at the consolidated operational data, AutoCanada (which operates in both the US and Canada) retailed 8,836 ... [Read More]
Canada investment seeks to address EV adoption barriers
Wednesday, Nov. 11, 2020, 09:12 PM
Auto Remarketing Canada Staff
To help solve electric vehicle adoption challenges, Hon. Seamus O'Regan, Canada’s minister of natural resources, on Tuesday announced a $1 million investment in SWTCH. That company will demonstrate a blockchain-based EV charging platform that it says will significantly reduce the ... [Read More]
Canadian CPO sales update through October
Thursday, Nov. 5, 2020, 03:38 PM
Joe Overby, Senior Editor
The record streak continues for Hyundai Canada’s H-Promise certified pre-owned program. Its dealers moved 1,207 CPO units last month, which was the program’s best October ever. Hyundai has now gone five consecutive months with CPO sales representing a high for ... [Read More]