AutoCanada’s executive chairman, Pat Priestner, announced this week that he is purchasing a Honda dealership via his holding company and a financing arrangement it has with AutoCanada. Priestner will own 100 percent of the equity and voting shares of the ... [Read More]

Dilawri Group of Companies announced the opening of its new dealership Infiniti Gallery this week, as well as the financial results of the Automotive Properties Real Estate Investment Trust it established this past June, the focus of which is speeding ... [Read More]

One word sums it up for the team at AIM Experts, a new inventory management company that arrived on the scene in 2014: automation. Rick Balkan, president of the company that features a Web portal designed to simply online inventory ... [Read More]

In a continuing effort to increase transparency in the used-car buying market as well as create new strategic partnerships for the company, CarProof announced this week it has teamed up with British Columbia’s OpenRoad Auto Group. CarProof and the fast-growing ... [Read More]

Wholesale prices in Canada have risen almost every month this year, but the tides began turning a bit in September when prices declined by 0.6 percent. And rates took another dip this past month. After being adjusted for seasonality, the ... [Read More]

Back in January, special financing company TREND Financial kicked off the year by signing an $81 million credit facility with Maxium Financial Services to keep up with growth — and now, the company is making way for every more expansion. TREND ... [Read More]

Porsche Canada announced today it has broken ground on the site that will be home to a new Porsche Center as well as the company’s new headquarters. The new dealership will be the fourth greater Toronto area Porsche Center, and ... [Read More]

AutoCanada Inc. announced its third quarter results late Thursday, reporting an increase in revenue and gross profit. The company also shared with the investment community that it will be turning its sites on Eastern Canada in regards to acquisitions, as ... [Read More]

Canadian branches of the Volkswagen, Porsche and Audi brands have all issued stop sales in light of the unexpected U.S. Environmental Protection Agency notice received Monday. This news comes after the five companies under Volkswagen’s umbrella that are involved in ... [Read More]

Mixed-use developments are popular these days — think apartments over commercial properties such as cafes and restaurants. But, add automotive dealerships to the mix, and you have Downtown Automotive Group’s new project in the works: Riverside Square. The new development, ... [Read More]