Auto Remarketing Canada Staff

Canadian Black Book recently announced that its 20th annual Charity Golf Tournament on Sept. 11 has been sold out. On Monday, 144 participants will golf at Stouffville’s exclusive Granite Golf Club, where only two outside tournaments are permitted each year. All of the tournament’s proceeds will go... Read More

Auto Remarketing Canada Staff

Cadillac Canada recently honored Canada's 150th birthday by celebrating 150 Daring Moments in Canadian history and inviting entrepreneurs from across Canada to submit entries to win a $25,000 contribution from Cadillac Canada for Canada's next daring idea — which the brand dubbed “moment... Read More

RVI spots used-car price declines in Canada

Auto Remarketing Canada Staff

While the exchange rate climbed, Canada’s used-car prices moved downward in the first full month of summer. That’s according to RVI Group, whose Market Update for August indicated that the RVI Used Vehicle Price Index (Real) dipped 0.1 percent month-over-month in July and declined 0.3-percent... Read More

COMMENTARY: Thinking outside the vertical

Leanne Kripp, Kijiji

I suspect most of us would like to throw a wrench at the next person who talks about needing to “think outside the box,” so I’m not going to be that person. However, at the risk of dodging airborne tools, I would like to talk about the need for dealers to “think outside the vertical”... Read More

Porsche Cars opens 18th Porsche Centre in Canada

Auto Remarketing Canada Staff

Porsche Cars Canada recently announced the opening of Porsche Centre Kelowna, the company’s 18th Porsche Centre in Canada and fourth in British Columbia. Porsche Centre Kelowna has over 22,000 square feet of floor space and features a nine-vehicle showroom, a customer delivery area, a six-bay... Read More

HGregoire adds 2 Nissan dealerships

Auto Remarketing Canada Staff

HGregoire officially opened two new Nissan dealerships in Quebec this week, raising its new-car dealer count to seven. The group also owns 12 stores that specialize in pre-owned Nissans. The new Nissan stores added to its lineup are HGregoire Nissan Vimont, and HGregoire Nissan Chomedey, both of which are located... Read More

Joe Overby, Senior Editor

The used-car operations of AutoCanada showed softness in the second quarter, but the dealer group showed some overall lifts in its quarter results, including gains in total revenue and gross profits. AutoCanada said in its latest earnings release that it retailed 5,061 used vehicles in the second quarter, which was a... Read More

Auto Remarketing Canada Staff

Canadian consumers continue to take on more debt to take delivery of the vehicle they want. According to TransUnion’s Canada Industry Insights Report released this week, the average outstanding balance on a contract rose during the second quarter by 2.57 percent year-over-year, leaving the figure at... Read More