The Serpa Automotive Group has acquired Toronto’s Agincourt/401 Kennedy Chrysler Dodge Jeep RAM. Since 2012, Serpa has operated Serpa BMW in Newmarket and from 1995 to 2015 owned Richmond Hill’s Avante Mazda. The new dealership will be known as Serpa ... [Read More]

Axis Auto Finance, a non-prime finance company servicing the Canadian used-vehicle market, announced Wednesday that Richard Lloyd has been appointed as the company’s chief financial officer. The company highlighted Lloyd’s appointment follows an extensive, months-long selection process with the assistance ... [Read More]

Some consumers are being overcharged when they buy a vehicle, according to the Ontario Motor Vehicle Industry Council. “Since 2010, all-in price advertising has been the law in this province,” explained Terry O’Keefe, director of communications and education for OMVIC. ... [Read More]

According to the Dealertrack's monthly Tradetracker Used Vehicle Market Report, The Ford F-150 and the Toyota Corolla remained the top two most-appraised vehicles in Canada in August, as has been the case year-to-date. Rounding out the top five in August were ... [Read More]

Impact Auto Auctions has launched a revamped website featuring a new interface, an advanced search function and a streamlined registration process as well as two tools that are designed to make the bidding process easier for customers seeking salvage vehicles. ... [Read More]

The  Automotive Properties Real Estate Investment Trust has agreed to a deal with a third-party vendor to buy the Pfaff Audi dealership property in Vaughan, Ontario. The purchase price of the property is $17.2 million, REIT said in a news ... [Read More]

Scotiabank’s recently released Global Auto Report paints a rosy picture — one that pleasantly surprised analysts with the Toronto-based bank. “We came into the year expecting global purchases to advance by about 3 percent,” Carlos Gomes, senior economist and auto ... [Read More]

Kijiji Canada, part of the eBay Classifieds Group, has hired Leanne Kripp to be head of sales, autos. In her new role, Kripp will help to identify business opportunities and partnerships that will support continued growth. Kripp joins Kijiji’s Toronto office ... [Read More]

TRADER Corp. has announced an exclusive partnership with Toronto-based Coherent Path that is bringing “big data” to the Canadian auto industry. Years of data on autoTRADER.ca indicates that consumers don’t tend to begin their journey with a clear path to ... [Read More]

Along with deeper analysis into delinquencies, TransUnion’s director of research and analysis in Canada Jason Wang shared exclusive data with Auto Remarketing Canada that pinpointed the swift upward trajectory consumers are taking with regard to how much auto finance debt ... [Read More]