New President and CEO at Kia Canada

Auto Remarketing Canada Staff

Kia Canada Inc. revealed today it has appointed a new president and chief executive officer. Chosen for the role is Min Kun Kim, who brings over 28 years of experience to his new position, including a variety of job responsibilities within both Kia Motors Corp. and Hyundai Motor Co. "I am excited to return to... Read More

Sarah Rubenoff, Auto Remarketing Canada Editor

The latest report from IBISWorld and findings from Equifax Canada released this week covered what appears to be a rosy future for the used-car industry, as analysts predict strong growth in the Canadian automotive industry and report more consumers turning to the used-vehicle industry for their next car... Read More

European Automakers Outpace Japanese in CPO Sales

Sarah Rubenoff, Auto Remarketing Canada Editor

As 2014 progresses and February numbers start coming in, European automakers are still outpacing their Japanese counterparts in certified pre-owned sales. Volkswagen Canada reported a record February, selling 1,331 CPO vehicles, compared to 998 sold during the same period of 2013. “February was another record... Read More

Auto Remarketing Canada Staff

Ford Motor Company of Canada Ltd.  has officially announced the award winners for the 2013 Auction Quality Program. The Auction Quality Program is an annual metrics driven auction performance tracking initiative which focuses on the overall quality of auction services and vehicle reconditioning quality at 13 ADESA... Read More

Sarah Rubenoff, Auto Remarketing Canada Editor

Auto Remarketing Canada is providing our readers with another way to enjoy the latest news and stories coming out of the Canadian remarketing industry with our brand new website: Autoremarketingcanada.com. The new website makes it easier and more convenient for our readers to access the latest breaking news.... Read More

Canadian Used-Car Prices Slide Down

Sarah Rubenoff, Auto Remarketing Canada Editor

Prices for used cars were on the way down as 2014 got underway — a trend rarely seen in Canada since the 2008 economic downturn that caused leasing to fall off, leading to extremely tight pre-owned supply This past January, prices for 2- to 5-year-old vehicles fell by 2.1 percent from December, according to RVI... Read More

Sarah Rubenoff, Auto Remarketing Canada Editor

This week, the Canadian automotive industry had time to respond to the Canadian Government’s introduction of an improved test methodology for establishing fuel-consumption values, which will be used for new 2015 model-year vehicles — and the verdict is positive. The Canadian Vehicle... Read More

Auto Remarketing Canada Staff

This week, AutoCanada Inc. announced its 12th consecutive quarterly dividend increase, due in part to the company’s “continued confidence in the market.” The board of directors declared a quarterly eligible dividend of $0.22 per common share. This represents a 4.8 percent increase from the previous... Read More