AutoCanada finished fiscal year with revenue up, used-car sales down
Thursday, Mar. 14, 2024, 10:52 AM
4 truck segments see wholesale prices rise
Thursday, Mar. 14, 2024, 10:35 AM
New TD Auto Finance executive to focus on expansion in OEM sector in new sales, strategy position
Tuesday, Mar. 12, 2024, 12:15 PM
Wholesale vehicle prices drop by over half-percent last week
Thursday, Mar. 7, 2024, 11:52 AM
Auto Remarketing Canada Staff
Wholesale vehicle price depreciation picked up a bit last week in Canada, falling by an average just over a half-percent. Canadian Black Book found that used-vehicle prices declined by an average of 0.55%. Car depreciation was once again higher, dropping ... [Read More]
Mercedes-Benz Financial’s Canadian arm picks new CEO
Thursday, Mar. 7, 2024, 11:31 AM
Auto Remarketing Canada Staff
Mercedes-Benz Financial Services Canada has a new leader, appointing Brian Stevens its new president and CEO. Stevens will lead the financial services company’s Canadian arm in succession of James Ryan. Ryan was named CEO of Mercedes-Benz Financial Services BeNeLux, leading ... [Read More]
Alternative-powertrain vehicles lead 2024 AutoTrader Awards
Tuesday, Mar. 5, 2024, 10:01 AM
Sarah Rubenoff, Correspondent
Although there may not have been any big surprises this year for the AutoTrader 2024 awards, the company’s editor-in-chief Jodi Lai told Auto Remarketing Canada she was happy to see the Toyota Prius/Prius Prime win for Best Overall Car.
“It’s cool because it's the first hybrid and plug-in hybrid that has won this overall category in the AutoTrader awards. The Prius has always been so good. It's always been very reliable and efficient, but it recently ... [Read More]
Go Auto expands presence in Canada’s Lower Mainland with purchase of Kia store
Tuesday, Mar. 5, 2024, 09:37 AM
Auto Remarketing Canada Staff
Go Auto ramped up its presence in Canada’s Lower Mainland with the purchase of a leading Kia dealership. Go Auto acquired Kia West in Coquitlam, British Columbia, which according to a news release is the country’s No. 1 Kia dealer ... [Read More]
CBB report shows wholesale vehicle value depreciation easing
Thursday, Feb. 29, 2024, 10:28 AM
Auto Remarketing Canada Staff
Wholesale vehicle price declines in Canada eased a bit last week, dropping by an average of 0.39%, following a 0.55% decline the prior week, according to the latest analysis from Canadian Black Book. The CBB report shows car prices dropping ... [Read More]
Canadian government continues to combat vehicle theft, makes $15M investment
Thursday, Feb. 29, 2024, 10:00 AM
Auto Remarketing Canada Staff
Continuing efforts to combat rising vehicle theft rates, the government of Canada is investing $15 million to support law enforcement agencies fighting the growing crime rates. Members of the government, including Dominic LeBlanc, Minister of Public Safety, democratic institutions and ... [Read More]
Mazda Canada launches 3-year, $420K investment for youth empowerment, education
Tuesday, Feb. 27, 2024, 10:47 AM
Auto Remarketing Canada Staff
Mazda Canada entered two long-term partnerships with organizations focused on youth education and empowerment this week. The company is equally investing $420,000 over the course of three years to Indspire and Pathways to Education — both which are leaders in ... [Read More]