TREND Financial is a bit different than other players in the Canadian auto finance industry. It’s all leasing. It’s all pre-owned. The average age of the car when the lease is originated is six or seven years; when they come ... [Read More]

AutoCanada announced it purchased all of the operating assets of Ontario Limited, which manages Guelph Hyundai. "We are extremely pleased to welcome Guelph Hyundai into our Ontario dealer group. The dealership recently owned and operated by Graham Dennis has a ... [Read More]

Two years after opening its second location in Moncton, Canadian Auction Express traded it for a larger site nearby. The new location, at 72 Urquhart Ave., has three lanes featuring state-of-the-art simulcast equipment and top-notch auction software, an 8,000-square-foot building and ... [Read More]

Service shop customers have an option to pay for repairs before picking up their car thanks to a newly launched service from VenueVision Media Systems. Mobile Cashier is an express e-payment solution for parts and service departments that sends dealer-branded ... [Read More]

The Ford F-150 is continuing its reign as the most-appraised vehicle in Canada. According to the latest Dealertrack Tradetracker Used Vehicle Market Report, the top five vehicles appraised in Canada last month were the F-150, Toyota Corolla, Honda Civic sedan, Ford Escape ... [Read More]

Attention, auto auctions: Auto Remarketing Canada is putting together an “Auction Life” photo spread for our next print issue.  If your auction or auction group would like to participate, submit photos via email to senior editor Joe Overby at joverby@autoremarketing.com no later than close ... [Read More]

TREND Financial has released an updated version of its VIP Dealer Portal, giving dealers the ability to receive immediate loan financing pre-approvals. Customers can then apply their instant credit pre-approval toward inventory at TREND VIP Dealers. The decision to release ... [Read More]

OpenRoad Auto Group — the largest dealership group in British Columbia —announced in mid-October that in support of continued growth within the company’s 18 dealerships, two of its general managers will trade responsibilities. Dimitri Kotsalis is the new general manager ... [Read More]

Used-car prices are on the rise in Canada. According to its latest Market Update report, RVI Group’s Used Vehicle Price Index was up 3.2 percent in September versus a year ago, and 3.3 percent from August. Adjusting for inflation, the ... [Read More]

Dealertrack Canada said Monday it launched a Kia-branded Centric Finance Portal for the automaker’s Canadian dealer body. The portal is designed to “seamlessly integrate with the OEM’s systems providing real-time data updates, new vehicle inventory, incentives, aftermarket products and accessories, ... [Read More]