New Cox Automotive Canada, Otolane partnership lets clients co-list vehicles on Manheim.ca
Thursday, Apr. 5, 2018, 02:30 PM
Auto Remarketing Canada Staff
Cox Automotive Canada announced Monday that a new partnership with Otolane allows dealers throughout Ontario and Quebec to co-list pre-owned vehicles with both Manheim.ca and the Otolane digital marketplace. Montreal-based Otolane facilitates the selling process via a platform that provides ... [Read More]
Axis Auto Finance finalizes acquisition of Trend Financial
Thursday, Apr. 5, 2018, 02:26 PM
Auto Remarketing Canada Staff
To borrow a phrase from vehicle delivery vernacular, the acquisition of Trend Financial by Axis Auto Finance “rolled over the curb” this week. According to a news release, Axis said its acquisition of all of the issued and outstanding securities ... [Read More]
IARA names Eric Janca as new Canada Committee co-chair
Thursday, Mar. 29, 2018, 04:32 PM
Auto Remarketing Canada Staff
The International Automotive Remarketers Alliance announced this week a new Canada Committee co-chair. Chosen for the IARA Canada position is Eric Janca, lease maturity and remarketing manager at SCI Lease Corp. Janca was also a speaker at the Auto Remarketing ... [Read More]
AutoCanada enters US with Grossinger Auto Group purchase
Tuesday, Mar. 27, 2018, 08:07 PM
Auto Remarketing Canada Staff
AutoCanada is expanding south of the border with its recent purchase of the Illinois-based Grossinger Auto Group. With the acquisition, AutoCanada adds eight dealerships to its lineup in metro Chicago, plus another six luxury brand dealership in an auto mall ... [Read More]
Women & Automotive preview: Networking is the new resume
Friday, Mar. 23, 2018, 04:51 PM
Logan Keirstead, Accu-Trade Canada
Another year has come and gone, which means another Women & Automotive: Canadian Leadership Forum is here! Having been fortunate enough to attend every event to date, I’m very excited to be hosting a panel at this year’s event. This ... [Read More]
OpenRoad launches Western Canada’s 1st Karma dealership
Wednesday, Mar. 21, 2018, 09:00 PM
Auto Remarketing Canada Staff
OpenRoad Auto Group recently announced that it has opened Western Canada’s first Karma Automotive dealership – its new KARMA VANCOUVER location. The Karma Automotive dealership is one of only three in the country. The store is also where the 2018 Karma ... [Read More]
Poll: More than quarter of Canadian auto consumers likely to buy car online
Tuesday, Mar. 20, 2018, 05:24 PM
Auto Remarketing Canada Staff
Canadian auto sales have enjoyed record sales the past few years — but it looks like those numbers may have topped out in 2017. That’s according to recent Canadian Black Book poll research that shows 51 percent of Canadian automotive ... [Read More]
Canadian certified car sales through 2 months of year
Tuesday, Mar. 20, 2018, 02:25 PM
Joe Overby, Senior Editor
Automakers shared their certified pre-owned sales results with Auto Remarketing Canada for February, and below is a rundown of how auto brands are faring through two months of the year. Starting with Audi, the automaker increased CPO sales by 29.4 percent ... [Read More]
Even amid loosening supply, prices remain high for used vehicles
Monday, Mar. 19, 2018, 05:27 PM
Auto Remarketing Canada Staff
Off-lease used-vehicle supply continues to ramp up — both in Canada and the U.S. — but this increase isn’t being illustrated in any softening of used-vehicle price movement yet, at least not up North. According to Canadian Black Book’s Used ... [Read More]
CARPROOF to rebrand as Carfax Canada
Monday, Mar. 19, 2018, 04:12 PM
Auto Remarketing Canada Staff
CARPROOF Corp. said Monday it will rebrand as Carfax Canada in October. Both CARPROOF and Carfax are owned by IHS Markit, and this move “further aligns” the two brands “to better serve its consumer and dealer customers by leveraging the ... [Read More]