Hyundai’s CPO program in Canada driving sales and raising residuals
Photo credit: FotograFFF/Shutterstock.com
Premium Content
Alysha Webb, Correspondent
Hyundai Auto Canada is killing it where selling certified pre-owned vehicles is concerned. Its CPO penetration rate this year is topping 50% and sales are strong.
The reason, Hyundai Auto Canada manager of CPO and remarketing Charles Plewes told Auto Remarketing Canada, is the automaker’s Hyundai Promise Certified Pre-Owned program.
AWIN Group of Dealerships has hired a former president and CEO of BMW Group Canada as its new chief operating officer. The Vaughan, Ontario-based dealer group said earlier this month it has named Reiner Braun as its COO. Braun was most recently the president and CEO of BMW Group Latin America, following his tenure leading […]
Dilawri is expanding its Kia footprint in Ontario. The dealer group, said to be Canada’s largest, said Tuesday it has opened Kia Vaughan, which is its third Kia store in the province. The Vaughan, Ontario store joins Markham Kia and 401 Dixie Kia. The two-story facilities includes 10,395 square feet of showroom space, 16 service […]
The new-look AutoCanada continues to develop. After announcing last week its board would conduct a strategic review of the company’s collision operations, the retailer said Thursday that it has completed its purchase of two Colorworks Autobody collision repair enters in British Columbia. The facilities are in Coquitlam and Port Coquitlam. AutoCanada also announced that it has […]