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RVI says used prices up in Canada, but it won’t last
Thursday, Sep. 29, 2016, 02:05 PM
Sara Schweiger, Staff Writer
Used-car prices were up year-over-year in August, but it’s not expected to continue. And while RVI Group predicts that used prices will be up 0.2 percent in 2017 relative to current levels, a meaningful drop in prices is expected to ... [Read More]
ARI announces Canadian & U.S. sales hires
Thursday, Sep. 22, 2016, 03:39 PM
Auto Remarketing Canada Staff
ARI, a global fleet services provider specializing in complex car and truck fleets, announced several sales-related appointments. Stephen Perkins will serve as vice president, sales and assistant general manager for ARI Canada. In the U.S., Craig Pierce joins ARI as director ... [Read More]
Ward retires as head of Canadian Black Book
Monday, Sep. 19, 2016, 09:30 PM
Auto Remarketing Canada Staff
Kathy Ward, president and chief executive officer at Canadian Black Book, is retiring after 36 years with the company. The announcement came from president Brad Rome during the 19th annual Canadian Black Book Charity Golf Tournament. Ward, who as a ... [Read More]
Registration under way for 2016 BC Auto Industry Conference
Monday, Sep. 19, 2016, 08:02 PM
Auto Remarketing Canada Staff
The 2016 BC Auto Industry Conference is set for Oct. 13-14 at the Sun Peaks Grand Hotel & Conference Centre in Sun Peaks, British Columbia. The conference, presented by the New Car Dealers Association of BC in partnership with Auto ... [Read More]
Nearly 1M Canadians may struggle when interest rates rise
Monday, Sep. 19, 2016, 01:40 PM
Auto Remarketing Canada Staff
A new study by TransUnion found that the large majority of Canadians would not be materially impacted in the near term by an interest rate increase. However, more than 700,000 consumers could struggle with their finances — which might include ... [Read More]
Porsche Financial Services Canada picks president & CEO
Friday, Sep. 16, 2016, 01:50 PM
Auto Remarketing Canada Staff
Porsche Financial Services Canada (PFSC) appointed David Williams as president and chief executive officer on Friday in a move the company sees as strengthening the local representation of Porsche’s captive financial organization in the Canadian market. Williams, a native of ... [Read More]
Canadian used-car price trends for August
Thursday, Sep. 15, 2016, 04:25 PM
Joe Overby, Senior Editor
Canadian wholesale vehicle prices in August were down an average of 0.3 percent from July, according to the report accompanying the latest ADESA Canada Used Vehicle Price Index. The report — powered by ALG — indicates that the ADESA index ... [Read More]
TradeRev to host training for new Google coding language
Thursday, Sep. 15, 2016, 04:03 PM
Auto Remarketing Canada Staff
TradeRev announced it is hosting a three-day session in October to teach GoLang, one of Google’s newest coding languages. Canada, and in particular Toronto, is recognized around the world as a hub for start-ups; most of its tech companies are ... [Read More]
Bodack takes reins at Mercedes-Benz Durham
Wednesday, Sep. 14, 2016, 03:20 PM
Auto Remarketing Canada Staff
Mercedes-Benz Canada and the Zanchin Automotive Group announced that Neal Bodack has been hired as general manager and partner of the Mercedes-Benz Durham dealership, which was acquired by Zanchin in late 2015. Bodack will also become a key member of ... [Read More]
Early look at Canadian CPO sales
Thursday, Sep. 8, 2016, 06:17 PM
Joe Overby, Senior Editor
How are certified pre-owned sales faring in Canada this year? So far, so good, it seems. Below is a rundown of a few brands that have shared their latest CPO sales results. BMW Canada sold 1,674 pre-owned units in August, compared ... [Read More]
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