The News Media of the Pre-Owned Industry

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

2015 CPO results start rolling in

shutterstock_262207409
Sarah Rubenoff, Auto Remarketing Canada Editor
Another year is in the books, and 2015 brought with it continued certified pre-owned sales growth for Canadian automakers. As full-year CPO results started rolling in, many automakers were reporting double-digit year-over-year increases, not to mention record years. For example, ... [Read More]

Automotive Properties REIT buys Go Auto property

shutterstock_277299044
Auto Remarketing Canada Staff
Just as it completed its first acquisition — Toyota Woodland — the Automotive Properties Real Estate Investment Trust also announced it has agreed to acquire a Go Auto dealership property in Edmonton, Alberta for $23 million. The Automotive Properties REIT ... [Read More]

Carfax parent company buys CarProof

news
Auto Remarketing Canada Staff
IHS, the parent company of Carfax, announced Monday morning it has purchased CarProof Corp. for $650 million CND, which translates to about $460 million USD. CarProof is a vehicle history report provider in Canada. IHS bought Carfax in July 2013. ... [Read More]

Dilawri’s REIT picks Montreal for 1st purchase

shutterstock_140375785(2)
Auto Remarketing Staff
After releasing  its first financial results report in November, Automotive Properties Real Estate Investment Trust, also known as the REIT, announced this week it is acquiring a dealership property in Montreal for $7.2 million.    Established this past June by the Dilawri ... [Read More]

OpenRoad unveils Jaguar Land Rover Langley

JLRL20151201-5b
Auto Remarketing Canada Staff
OpenRoad Auto Group opened its 16th dealership with the unveiling of Jaguar Land Rover Langley earlier this month. The new dealership is located in the Langley Auto Collection, the luxury auto mall where the dealer group owns and operates BMW ... [Read More]

Dilawri Group adds 58th dealership to lineup

shutterstock_277753253
Auto Remarketing Canada Staff
Dilawri Group of Companies announced this morning it has added its 58th dealership. The dealer group has purchased Mercedes-Benz West Island, which represents the seventh franchised dealership purchase for the group in the greater Montreal area this year. Mercedes-Benz West ... [Read More]

AutoCanada grosses $75M on common share offering

money 2
Auto Remarketing Canada Staff
AutoCanada said this week its latest offering of common shares earned the company $75 million, a sum  the dealer group says it will use to cut down on debt under its revolving credit facility. AutoCanada had previously announced it issues 2,950,000 ... [Read More]

New event on women, diversity in auto headed to Toronto

twitter
Sarah Rubenoff, Auto Remarketing Canada Editor
A brand new conference focusing on diversity in the Canadian automotive industry is headed to Toronto this spring. Cherokee Media Group — who also hosts the Auto Remarketing Canada Conference — will be launching a new event, titled, “Women & ... [Read More]

Steele Auto Group buys Colonial Honda

2014_Civic_Sedan_08
Sarah Rubenoff, Editor
It was announced this week the Steele Auto Group has added another Nova Scotia store to its lineup, bringing the dealer group's store count to 19. Christopher Megaffin has sold his Colonial Honda dealership to Steele Auto Group. The Megaffin ... [Read More]

Cox Auto Canada launches new dealer-to-dealer platform

evaluating car with cell phone
Auto Remarketing Canada Staff
Cox Automotive Canada, along with its Manheim Canada operations, announced this morning it has partnered with XLane to design a new dealer-to-dealer online auction tool. The dealer-to-dealer online multi-platform, InstantAuction, is crafted to make the process of buying and selling ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X