Birchwood Auto Group finds success in growing out separate subprime business
Thursday, Aug. 8, 2019, 02:44 PM
Sarah Rubenoff , Correspondent
The Birchwood Automotive Group, considered the largest automotive network in Winnipeg, Manitoba, sells everything from Jaguar and BMW to Kia and Hyundai and everything in between at their franchised locations. But in recent years, the dealer group with 23 franchised ... [Read More]
New AI-driven vehicle data capture service provides multiple uses of images
Thursday, Aug. 1, 2019, 08:11 PM
Auto Remarketing Canada staff
Cox Automotive Canada said its planned new vehicle data capture service will provide seamless integrations between Dealer.com websites and Manheim's new dealer-to-dealer digital auction platform MUVIT. According to the company, that will invite dealers to have multiple uses of images ... [Read More]
DRIVING INSIGHTS: Millennials — Not only online
Thursday, Aug. 1, 2019, 04:08 PM
Drew Harden, CARFAX Canada
New generation, new hurdles. Do you know what millennials are thinking when they visit your dealership? This generation loves to begin their used-car search online, find the vehicle they’re interested in, research it extensively, then come into the dealership armed ... [Read More]
CarGurus debuts Canadian CPO Partner Program with Kia, GM
Thursday, Aug. 1, 2019, 03:54 PM
Auto Remarketing Canada Staff
CarGurus said this week it has launched a Certified Pre-Owned Partner Program in Canada, bringing on Kia Canada and GM Canada as the first partners. “We’re very excited to kick off our CPO Partner Program with Kia and GM as ... [Read More]
PowerBand continues active year with acquisition of US finance company
Wednesday, Jul. 31, 2019, 09:07 PM
Auto Remarketing Canada Staff
A new board member, a new high-level executive, a new remarketing network in the U.S., and now the acquisition of a finance company that specializes in vehicle leasing. Thus far, 2019 has been quite an active year for PowerBand Solutions. ... [Read More]
Canada’s CPO car sales show strength
Tuesday, Jul. 23, 2019, 01:44 PM
Joe Overby, Senior Editor
The certified pre-owned vehicle market in Canada looked promising yet again. Here’s a rundown of how CPO sales fared in the first half: Hyundai has sold 5,096 certified vehicles so far this year, compared to 4,553 in the first half ... [Read More]
DRIVING INSIGHTS: Used-car buyers are testing your knowledge – Can you pass?
Thursday, Jul. 18, 2019, 02:43 PM
Drew Harden , CARFAX Canada
Attention dealers: used-car buyers are testing your vehicle knowledge. Fifty-one percent of Canadian used-car buyers told us the last time they bought a vehicle, they tested the sales person by asking a question they already researched the answer to. There is ... [Read More]
Wanted: US dealers to beta-test Mobials’ trade-in algorithm
Wednesday, Jul. 17, 2019, 06:36 PM
Auto Remarketing Canada staff
A new algorithm from Mobials Inc. calculates the value of consumers’ trade-in vehicles. Now, Mobials, which is the parent company of AutoVerify, is looking for U.S. dealers to beta-test the algorithm. Once Mobials launches the algorithm, every U.S.-based dealer signing up ... [Read More]
Prices up on used & new cars, but increase slowing
Thursday, Jul. 11, 2019, 03:38 PM
Auto Remarketing Canada Staff
The retail prices of both new and used cars in Canada was on the rise last month compared to year-ago figures, but the rate of increase is slowing down, according to the latest autoTRADER.ca Price Index. The national median price ... [Read More]
New CFO set to join AutoCanada
Thursday, Jul. 11, 2019, 02:56 PM
Auto Remarketing Canada Staff
Effective Aug. 12, AutoCanada will have a new chief financial officer. The North American multi-location dealership group currently operating 65 franchised dealerships, comprised of 27 brands, in eight provinces in Canada as well as a group in Illinois, appointed Mike ... [Read More]