From the Editor: What lies ahead for Canadian used-car market?
Thursday, Nov. 2, 2017, 02:55 PM
Joe Overby, Senior Editor
Pardon my cliche: To understand what’s in store for the Canadian remarketing business, you need to look back at the recent past. For instance, this spring, I attended my first Auto Remarketing Canada conference in five years. Aside from the ... [Read More]
GUEST COLUMN: Ignoring subprime is like shooting yourself in foot
Thursday, Nov. 2, 2017, 02:37 PM
Ben Sutherland, Canada Drives
Times have changed for Canadian car dealerships. From the generational switch in car buying to the impact of technology in the auto industry and the heightened percentage of subprime car buyers. Dealerships need to ask themselves more than ever how their ... [Read More]
Policaro Automotive Family names Francesco Policaro CEO
Wednesday, Nov. 1, 2017, 08:02 PM
Auto Remarketing Canada Staff
The Policaro Automotive Family announced the appointment of Francesco Policaro as the company's new chief executive officer Wednesday. Francesco brings over 20 years of experience with the company to his new role. Francesco began his career as a part-time vehicle ... [Read More]
Kia Canada announces CPOs must earn CARPROOF VHR badge
Thursday, Oct. 26, 2017, 02:57 PM
Auto Remarketing Canada Staff
Kia Canada and CARPROOF recently announced that in an effort to make used-car transactions more transparent, all vehicles in Kia’s CPO program must now qualify for the CARPROOF Top Condition badge found on the company’s VHRs. Kia Canada CPO vehicles ... [Read More]
ADESA Canada promotes 2 to VP roles
Thursday, Oct. 26, 2017, 01:24 PM
Auto Remarketing Canada Staff
ADESA announced Monday that it has promoted Eddy Cusan to vice president of commercial sales and Wesley Kent to the newly created position of vice president of programs and operations for ADESA Canada. In 2007, Cusan started as a program ... [Read More]
Element Fleet promotes Gittens to president of Canadian operations
Wednesday, Oct. 25, 2017, 05:57 PM
Auto Remarketing Canada Staff
Element Fleet Management has promoted Chris Gittens to serve as president of Canadian operations, the company announced Wednesday. Gittens succeeds Sebastien Blondin, who has taken on a strategic business development role with the Element Fleet Management corporate team. “Since 2012, ... [Read More]
AutoCanada to acquire 1st Mazda dealership
Thursday, Oct. 19, 2017, 02:00 PM
Auto Remarketing Canada Staff
AutoCanada recently announced that it has entered into an agreement to acquire 90 percent of the issued and outstanding shares of the Planete Mazda dealership, which has operated for nearly 30 years in the greater Montreal region on the north ... [Read More]
New eBlock COO boosts post-ops and prepares for redesign launch
Thursday, Oct. 19, 2017, 01:57 PM
Sarah Rubenoff , Correspondent
Jason McClenahan, chief operating officer at eBlock, has been in the auction industry his entire career. In fact, it’s the only job he’s ever had, the new COO of this growing digital auto auction company told Auto Remarketing Canada. McClenahan ... [Read More]
Hyundai’s new CPO program designed for ‘customers and dealers’
Thursday, Oct. 19, 2017, 01:42 PM
Sarah Rubenoff , Correspondent
Hyundai Auto Canada’s new certified pre-owned program, known as H Promise, was launched last year and is designed to be a product that adapts to its market environment. Joel Gregory, national sales manager for CPO and remarketing at Hyundai Auto ... [Read More]
Dealertrack Canada adds Nissan, Infiniti financial arm to credit app network
Thursday, Oct. 12, 2017, 01:20 PM
Auto Remarketing Canada Staff
Dealertrack Canada announced Tuesday that the company has added the financial arm of the Nissan and Infiniti brands in Canada to its online credit application network. The new partnership enables Nissan and Infiniti dealers in Canada to now secure financing for customers from Nissan ... [Read More]