Axis Auto Finance has signed a share purchase agreement to buy subprime finance company Trend Financial, the company announced late Tuesday afternoon. It’s a move that doubles the Axis portfolio — putting its net finance assets to roughly $110 million ... [Read More]

Among 2018 model-year vehicles that have shown strong value in 26 segments, ALG recognized Audi and Subaru as top premium and mainstream brands, respectively, in its 10th annual Canadian Residual Value Awards (RVA). ALG presented winning automakers with their awards ... [Read More]

TransUnion Canada director of research and industry analysis Matt Fabian used the words credit, consumer and correctly within the same thought to describe the overall picture painted by TransUnion’s latest Canada Industry Insights Report Fueled by younger Canadians and overall ... [Read More]

In this episode, Joe previews the Auto Remarketing Canada Conference with Cherokee Media Group president Bill Zadeits. Plus, AR Canada correspondent Sarah Rubenoff chats with Jeremy Belanger of SAL Group, who will be among the speakers at the March 27-28 event in ... [Read More]

Cox Automotive Canada said Wednesday it has partnered with The Great Northern Auction and is launching Manheim Moncton to provide more remarketing service to the Atlantic Canada region. The weekly Manheim Moncton sales begin March 21 and will be facilitated ... [Read More]

On Wednesday, publicly-traded subprime automotive finance company Axis Auto Finance shared results from the second quarter of its 2018 fiscal year; a span that ended on Dec. 31 and included a new record. The company highlighted its Q2 revenue shot ... [Read More]

Copart announced Monday the opening of a new Copart Canada facility in Calgary. In December, Copart Canada held a grand opening ribbon cutting ceremony for its new Calgary location in conjunction with its first client advisory board meeting with insurance partners.  ... [Read More]

Kijiji Canada recently announced that it has appointed Darryl Hilton to serve as the national head of automotive sales. Hilton brings 20 years of experience from both the supplier and retail sides of the automotive industry, and he has also specialized ... [Read More]

If certified pre-owned vehicle sales in Canada appear strong, that may only be the tip of the iceberg. That is, if it follows the pattern of the CPO market in the U.S., which took some time to develop but certainly ... [Read More]

The retention value of 4-year-old vehicles has reached an all-time high for the second year in a row, according to the 2018 edition of the Canadian Black Book Retained Value Awards released this week. Four-year-old vehicles are retaining 53 percent ... [Read More]