Toyota, Porsche highlight ALG’s Canadian Residual Value Awards
Thursday, Jan. 16, 2020, 03:24 PM
Auto Remarketing Canada Staff
Toyota took home six vehicle category wins, the most of any brand, and won top mainstream brand honors in ALG’s 2020 Canadian Residual Value Awards announced this week. Porsche was the overall winner on the premium side. The Residual Value Awards ... [Read More]
CarGurus says Nissan partnership to bring ‘transparent and trusted digital environment’
Wednesday, Jan. 15, 2020, 06:05 PM
Auto Remarketing Canada staff
Nissan Canada Finance president Alain Ballu says its new partnership with online auto marketplace CarGurus allows Nissan “to further maximize our successful Nissan Certified Pre-Owned program through a transparent and trusted digital environment.” “At Nissan, we are constantly looking for ... [Read More]
OCM Auto Financing Group secures $10M in funding to grow footprint
Monday, Jan. 13, 2020, 05:56 PM
Auto Remarketing Canada Staff
Before 2019 wrapped up, OCM Auto Financing Group gained more funding horsepower to propel its business this year and down the road, too. The Ottawa-based subprime auto lender secured a $10 million credit facility from Toronto-based lender Bridging Finance Inc. ... [Read More]
WGI and Lubrico acquired by iA Financial Group
Monday, Jan. 13, 2020, 05:54 PM
Auto Remarketing Canada Staff
The opening days of 2020 have been eventful for iA Financial Corp. Inc., the holding company of iA Financial Group. The company announced on Friday that it acquired three companies specializing in vehicle warranties in Canada: WGI Service Plan Division ... [Read More]
Canada shows CPO strength in 2019
Monday, Jan. 13, 2020, 05:22 PM
Joe Overby, Senior Editor
Based on reports shared by automakers with Auto Remarketing Canada, 2019 was another strong year for the certified pre-owned vehicle market in Canada, with multiple OEMs reporting sales records. For example, Mercedes-Benz had its best-ever year for CPO sales, moving ... [Read More]
Top searched vehicles list: Renewed preference for pickup trucks
Wednesday, Jan. 8, 2020, 09:04 PM
Auto Remarketing Canada staff
For the fifth consecutive year, the Ford-F-150 is the top-searched vehicle on autoTRADER.ca. And according to 2019 data that autoTRADER.ca recently released from its annual Top Searched Vehicles list, another truck moved into the list’s top 10 in 2019 – ... [Read More]
Canadian Black Book promotes Biswah to VP of sales
Tuesday, Jan. 7, 2020, 08:05 PM
Auto Remarketing Staff
As new vice president of sales for Canadian Black Book, Yolanda Biswah will have leadership responsibility for all Canadian licensing of data-related products. Biswah started with Canadian Black Book in 2015. She previously served as director of sales and customer ... [Read More]
Canadian government uses Amazon’s Alexa to enhance consumer vehicle recall knowledge
Thursday, Jan. 2, 2020, 03:38 PM
Sarah Rubenoff, Correspondent
Late this summer, Transport Canada announced it was utilizing Amazon’s Alexa for a safety-based service that engages the Amazon tool in a new way — making sure consumers stay up to date on the latest vehicle recalls that impact their ... [Read More]
SiriusXM amps up its presence with new managers, events
Monday, Dec. 16, 2019, 04:53 PM
Auto Remarketing Canada staff
A sponsored concert featuring Canadian rock band Platinum Blonde and a live broadcast event at the 2019 Tim Hortons NHL Heritage Classic Viewing Party in Saskatchewan in October are among recent events SiriusXM has sponsored as part of its “more ... [Read More]
New OpenRoad board members include former Toyota manufacturing leader
Friday, Dec. 13, 2019, 08:19 PM
Auto Remarketing Canada staff
OpenRoad Auto Group has added two “seasoned veterans within their respective industries” to its board of directors, one a former chair and president of Toyota Motor Manufacturing Canada. OpenRoad Auto Group chief executive officer Christian Chia said in a news ... [Read More]