As the old saying goes, the bigger they are, the harder they fall. That was the case last week in the Canadian wholesale used vehicle market, as the largest vehicles took the biggest tumble in value. Prices for the overall ... [Read More]

Azim Lalani has resigned as chief financial officer of AutoCanada, effective June 30, the company announced. Lalani, who joined the Edmonton-based dealer group in March 2023, cited personal reasons for leaving, and will be relocating to Vancouver. AutoCanada said he ... [Read More]

Canada. Land of Canuks, mickeys, double doubles and a 25-piece patio set (IYKYK). It’s also the home of one of the continent’s finest industry events, Canada’s Used Car Week (CUCW). Held in Toronto, this year’s conference will take place June ... [Read More]

Canadian Black Book’s weekly Market Insights report for the week ending May 25 showed a slower rate of decline than recent weeks, as Canadian wholesale prices fell by 0.23% following a 0.38% drop the week before. Only one segment recorded ... [Read More]

OpenRoad Group is generating plenty of buzz these days. In honor of World Bee Day, May 20, the British Columbia-based dealership group established a rooftop beehive at its BMW Langley location in the Vancouver area. OpenRoad said the hive, which ... [Read More]

The fall continues for wholesale vehicle values. Canadian Black Book’s weekly Market Insights report for the week ending May 18 showed another decrease in Canadian wholesale prices, with an overall drop of 0.38%. Two segments fell more than 1% in ... [Read More]

Nissan Canada has entered into a strategic partnership with Cricket Canada that makes Nissan the official automotive partner of the sport’s Canadian governing body and its men’s and women’s national teams. The organizations said the alliance “merges automotive innovation with ... [Read More]

Two dealership groups were among the 2024 honorees in the Canada’s Best Managed Companies awards — and not for the first time. British Columbia-based OpenRoad Auto Group was named for the 12th consecutive year, placing it firmly in the award’s ... [Read More]

The downward slide of Canadian wholesale vehicle prices continues but the pace slowed, according to Canadian Black Book’s weekly Market Insights report for the week ending May 11. Overall, values declined 0.28% — significantly less than the 0.44% tumble the ... [Read More]

Six of HGreg’s Canadian dealerships were among those selected by AutoTrader for its 2024 Best Priced Dealer Awards, the dealership group said. The awards recognize “the country’s top dealerships for consistently reaching our statistically backed best price benchmark year-round.” AutoTrader ... [Read More]