Though many are holding on to the hope that wholesale prices might be on the way down this year as used supply is expected to expand, a growing number of exports into the U.S. may put a damper on that ... [Read More]

All of the fast-paced, real-time, instant gratification of buying a car at auction – with none of the expense of transporting yourself or your vehicles to auction – all crammed into your desktop or mobile device’s screen. And no listing ... [Read More]

The Ontario Motor Vehicle Industry Council announced Friday that it has issued a 450-day incarceration sentence to a dealer for two counts of curbsiding. According to OMVIC, the dealer, Mehran Amini, was acting as a dealer without registration, contrary to ... [Read More]

Canadian importer for McLaren automobiles Pfaff Automotive Partners announced today it is bringing the luxury brand to the Quebec market. Pfaff is extending the McLaren dealer network with the appointment of Nino and Renato De Cubellis, who will open McLaren ... [Read More]

Preparation for the 2016 Auto Remarketing Canada Conference is well under way, and industry interest is gaining steam, as well. This year’s event is scheduled for April 4-5 at the Westin Harbour Castle in Toronto. The 2015 conference saw record-breaking ... [Read More]

Audi Canada has a new manager for its used-car operations. Taking on the role of manager, used cars for the automaker is Mike Brennan. This move comes as Elankum Vairavanathan, manager of incentives planning and CPO sales at Audi Canada, ... [Read More]

Kijiji Autos recently announced the addition of four new hires to its team, citing its continuous efforts to build and strengthen the company’s core capabilities. The company has created a new position, inside sales manager, a role which will be ... [Read More]

IHS reported its fourth quarter and full-year 2015 financial results on Tuesday, highlighting revenue of $589 million for Q4, as well as giving more information on its recent purchase of Canada’s CarProof. IHS, the parent company of Carfax, announced right ... [Read More]

Looking at the most recent data available, 2015 was a strong year for residuals in Canada. According to the RVI Group’s RVI Risk Outlook for December, the strong U.S. dollar helped maintain those high residual values in Canada through the ... [Read More]

RouteOne Canada added another a company to its auto financing portal today, after announcing last month that Rifco National Auto Group and Desjardins Group had come on board, as well. Carfinco Inc. now joins the growing list of companies to partner ... [Read More]