AutoCanada’s parting with its American dealerships continues. The Edmonton-based dealership group said the sale of North City Honda in Chicago has been completed. It’s the fourth deal to close among the six locations included in sale agreements announced by AutoCanada ... [Read More]

Kot Auto Group announced it has renewed its multi-year partnership with Canadian automotive marketplace AutoTrader.ca. The dealership group said the agreement is “underpinned by a common vision of driving measurable growth” for its 11 retail locations in British Columbia through ... [Read More]

Paul Antony’s tone was somber as he addressed analysts and media in AutoCanada’s second quarter 2024 earnings call, telling them the company’s “recent performance has not met our own expectations” in the wake of sinking revenue and a reported $33.1 ... [Read More]

Discussing securitizations, used-car values and more, Fitch Ratings offered multiple projections on Monday, including how auto loan ABS asset performance is weakening from the economic slowdown given the economy’s susceptibility to reduced U.S. growth and trade. Fitch is expecting a ... [Read More]

For all the concerns about political and economic turmoil, the first half of 2025 has been pretty good for used cars in Canada. AutoTrader’s Q2 Price Index report shows used sales and prices were up in the second quarter and ... [Read More]

The Ontario Motor Vehicle Industry Council has appointed Dan Park, CEO of Canadian online used-car retailer Clutch, to its Industry Advisory Council, an addition Clutch said provides “a modern, technology-driven perspective … at a pivotal moment for the automotive industry.” ... [Read More]

CanadaOne Auto has partnered with Canadian automotive marketplace AutoTrader.ca to support its efforts to streamline online inventory exposure for its used and new vehicle offerings. The Edmonton-based dealership group, which operates 43 locations in five provinces, said the deal allows ... [Read More]