OpenRoad Auto Group said last week it has opened what the group says is the largest new Hyundai dealership in Western Canada. OpenRoad Hyundai Richmond is a 33,000-square-foot dealership located at the Richmond Auto Mall and it replaces the group’s ... [Read More]

Zanchin Automotive Group has added Mercedes-Benz Newmarket, which will be led by former Mercedes-Benz Canada president Brian Fulton. Fulton, who held that Mercedes-Benz Canada CEO role from 2016 until July, will be Mercedes-Benz Newmarket’s managing partner. “Bringing all of the many ... [Read More]

In a positive sign for Canada’s used-car market, at least two automakers are reporting record certified pre-owned sales. Mercedes-Benz Canada, for example, had record CPO sales in July, August and September, the company said when reporting quarterly sales results. It ... [Read More]

Ford earned six awards, including Best CPO Value Truck brand, as Vincentric announced its third-annual Best Certified Pre-Owned Value in Canada Awards on Tuesday. Acura also had a strong 2020 showing. That brand earned five total awards, including Best CPO ... [Read More]

Two former Cox Automotive leaders in the U.S. have joined a company that describes itself as “a fintech provider disrupting the automotive industry.” John Canales and Brent Green are now senior advisers with PowerBand Solutions, which offers an integrated, cloud-based ... [Read More]

Despite the obstacles created by the coronavirus pandemic, Axis Auto Finance recently reported that it set a new record for originations and two other metrics during its 2020 fiscal year that closed on June 30. The publicly traded subprime automotive ... [Read More]

Seeing a clear increase in online transactions, HGregoire Automotive Group has extended the length of its satisfaction-guaranteed, money-back program. The extension is from three to seven days, and once a customer purchases a vehicle from HGregoire, he or she has ... [Read More]

With the company’s founder and chief information officer Ryan O'Connor saying its growth is “rooted in our team’s commitment to developing the best-in-class product for our dealers,” EBlock said it placed as the highest ranked automotive company on the 2020 ... [Read More]

CARFAX Canada took home honors as the “Large Business of the Year” for the second time during last week’s London Chamber of Commerce Business Achievement Awards. The company previously won this award in 2012. The gala for the awards, which ... [Read More]

As sales continue to rebound throughout Canada in the midst of the coronavirus pandemic, credit availability is playing an even more important role as dealers and buyers work together toward delivery. To help dealerships, finance companies and other part of ... [Read More]