Canadian wholesale market decline slows in 2024’s final week
Thursday, Jan. 2, 2025, 10:57 AM
Big drop in Canadian wholesale vehicle prices as year comes to close
Thursday, Dec. 12, 2024, 10:55 AM
AutoTrader data shows shift toward economy in Canadians’ vehicle choices
Tuesday, Dec. 10, 2024, 11:59 AM
Women & Automotive moves to digital format for 2020
Thursday, Jul. 16, 2020, 02:28 PM
Auto Remarketing Canada Staff
The 2020 Women & Automotive Canadian Leadership Forum will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties ... [Read More]
AR Canada Conference 2020 goes all-digital
Thursday, Jul. 16, 2020, 02:28 PM
Auto Remarketing Canada Staff
The 2020 Auto Remarketing Canada Conference will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties involved is ... [Read More]
Equifax Canada examines ‘new normal’ for auto financing
Tuesday, Jul. 14, 2020, 06:30 PM
Auto Remarketing Canada Staff
Equifax Canada looked to provide some clarity as auto-finance providers continue to navigate the challenges created by the coronavirus pandemic. The credit bureau recently released a whitepaper that reviewed credit-based insights for lenders to keep in mind as both dealers ... [Read More]
At least 2 automakers reach best-ever CPO totals in Canada
Monday, Jul. 13, 2020, 05:11 PM
Joe Overby, Senior Editor
Here’s an encouraging sign for the Canadian used-car market from June: at least two automaker programs had their strongest months ever for certified pre-owned, and a third, is gaining ground. Starting with Hyundai, it reported its strongest certified pre-owned sales ... [Read More]
Dilawri expands into Laval with first Lexus store purchase
Thursday, Jul. 9, 2020, 02:19 PM
Auto Remarketing Staff
Dilawri Group of Companies has added its first Lexus dealership. And its first store in the Laval market. The automotive group announced Wednesday it purchased Lexus Laval in Quebec, putting Dilawri’s dealership count up to 75. The store, located at ... [Read More]
Manheim Canada launches sanitization service to help prevent COVID-19 exposure
Tuesday, Jul. 7, 2020, 02:35 PM
Auto Remarketing Canada Staff
Manheim Canada announced last week that it would be launching a service to disinfect and treat vehicles sold through the company’s simulcast auctions to help prevent customer exposure to COVID-19 and other viruses. The Manheim Vehicle Disinfection Service started June ... [Read More]
Fitch Ratings explains latest assessments of Canadian auto ABS market
Wednesday, Jul. 1, 2020, 08:00 PM
Auto Remarketing Canada Staff
Fitch Ratings tried to provide some clarity to the Canadian financial market as the nation looked to celebrate Canada Day this week amid the coronavirus pandemic. The firm said its recent downgrade of Canada’s issuer default rating (IDR) to AA+ ... [Read More]
Canadian auction volumes show signs of progress
Thursday, Jun. 25, 2020, 03:32 PM
Auto Remarketing Canada Staff
Auction sales volumes in the Canadian wholesale vehicle market are back to being at roughly 70% of where they would normally be, following another round of “significant growth” last week, according to Canadian Black Book. And further gains are likely ... [Read More]
DRIVING INSIGHTS: Should I adopt a no-haggle approach?
Tuesday, Jun. 23, 2020, 04:17 PM
Drew Harden, CARFAX Canada
Getting rid of negotiation is an idea that many dealerships are experimenting with. After all, negotiation has always been a top pain point for used-car buyers, and in today’s online listing environment, you need to provide enticing prices up front — there ... [Read More]
Wholesale vehicle prices take another tumble
Thursday, Jun. 18, 2020, 03:13 PM
Joe Overby, Senior Editor
The Canadian Black Book Wholesale Used Vehicle Retention Index, which covers vehicles 2 to 6 years old, was down 5.0% year-over-year in May and fell 3.1% month-over-month, according to an update from the company this week. The index’s reading was ... [Read More]