Used-car retention values reach all-time high

Joe Overby, Senior Editor

The retention value of 4-year-old vehicles has reached an all-time high for the second year in a row, according to the 2018 edition of the Canadian Black Book Retained Value Awards released this week. Four-year-old vehicles are retaining 53 percent of their original MSRP, Canadian Black Book said, beating the record... Read More

Auto Remarketing Canada Staff

HGregoire introduced a new advertising campaign with two unique messages during Sunday’s Super Bowl LII on both CTV and RDS. Though both campaign messages feature HGregoire’s wide selection of vehicles, the first message focuses on nostalgia relating to professional sports, while the second... Read More

UCDA rolls out new website to boost sales in Ontario

Auto Remarketing Canada Staff

The Used Car Dealers Association of Ontario (UCDA) is orchestrating a new online effort to connect shoppers and dealerships within the province. The newest solution for Ontario vehicle shoppers — Ontariocars.ca — powered by UCDA members is designed to assure consumers that all vehicles listed for sale on the... Read More

Canadian Black Book is renaming its annual Canadian auto industry golf tournament. From now on, the tournament, which is in its 21st year,  will be called The Canadian Black Book Kathy Ward Golf Tournament, in memory of the company’s former chief executive officer. Ward, who worked at CBB for nearly... Read More

Dealertrack introduces new mobile app updates

Auto Remarketing Canada Staff

Dealertrack recently announced that it has introduced several upgrades for its new mobile application in an effort to improve and evolve dealer productivity. In addition to providing dealers access to credit application and contract activity quickly, via the Dealertrack mobile application, users can also securely track... Read More

Auto Remarketing Canada Staff

The Auto Remarketing Canada Conference team announced Tuesday that TradeRev has joined CARPROOF as a presenting sponsor for this year’s event. Along with presenting sponsors TradeRev and CARPROOF, key industry associations like the CFLA, IARA, AMVOQ and others have come onboard to host this event in Toronto,... Read More

Mercedes-Benz Canada recognizes top 11 dealers

Auto Remarketing Canada Staff

Mercedes-Benz Canada recently announced the winners of its 2018 Star Dealers award, which recognizes the top performing dealerships that have contributed to the company's success. The awards program acknowledged 11 Mercedes-Benz Canada dealers from across its national network of 59 retail... Read More

AMVIC announces new CEO

Auto Remarketing Canada Staff

The Alberta Motor Vehicle Industry Council board of directors announced Wednesday that Malcolm Knox has been named as the organization’s chief executive officer, effective Jan. 29.   AMVIC said Knox is both a highly organized strategic thinker and analytical problem solver with experience in the... Read More