As expected, wholesale volume has increased from 2018 to 2019 in Canada, due in part to growth in lease returns.  But interestingly, the increase isn’t yet putting downward pressure on used prices. According to RVI, the expectation coming into this ... [Read More]

This past Friday, Axis Auto Finance reported financial results for its 2019 fiscal year that ended June 30 and included the full 12 months of operations the acquired entities of Cars on Credit Financial (COCF) and Trend Financial Corp. As ... [Read More]

CARFAX Canada employees could be treated to a spoonful of new amenities next summer when the company moves its head office to 100 Kellogg Lane, a former cereal factory for Kellogg’s Canada. The facility, which CARFAX Canada called a landmark ... [Read More]

Christian Chia says the current time is an “exciting new era” for Porsche in British Columbia. Chia is chief executive officer of OpenRoad Auto Group, and he said in a news release that the news of OpenRoad and Dilawri Group ... [Read More]

After wrapping up the Thanksgiving holiday, Scotiabank Economics released its Q4 Provincial Economic Outlook this week. Along with sharing four overall trends and a deeper look at each of the 10 provinces, analysts arrived at the conclusion that Quebec will ... [Read More]

A 24-acre expansion to Copart’s Montreal site in Quebec will allow the location to grow its vehicle inventory and offer more choices to members, said Copart Canada managing director Steve Macaluso. “We are excited to grow our capacity in Canada ... [Read More]

The used-vehicle price trend for the Canadian market in September? They are maintaining their increased price levels set earlier in the year, according to the autoTRADER.ca Price Index. September showed a 10.6% year-over-year increase, but compared to August showed a 1.6% month-over-month increase. ... [Read More]

Kelley Blue Book has been busy lately. There was its official launch in Canada in April, as well as the arrival of KBB’s MarketLens and Pricing Service Industry Solutions to the country in August, as well. As the company looks ... [Read More]

In February, TRADER Corp. revealed a new dealership website platform it advertised being built “by Canadians, for Canadians,” as part of its vision to be responsive to feedback from customers across the country. At the time of launch, David McMinn, ... [Read More]

It’s another value retention record. Canadian Black Book’s CBB Used Vehicle Retention Index market average for August set a new record for two- to six-year-old vehicles at 107.2. That is a gain of 3.7 points from last year at the ... [Read More]