Today marks the effective beginning of the Canada-Korea Free Trade Agreement (CKFTA) for Hyundai, making many of Hyundai’s 2015 models cheaper to buy in the country by as much as $1,300 off MSRP. The deal may also serve to bring ... [Read More]

Carfax Canada and the Used Car Dealers Association of Ontario announced this week they are expanding their partnership to give used-car buyers and sellers UCDA claims reports. The latest development means every Carfax Vehicle History Report purchased by UCDA member ... [Read More]

It may be starting to sound like a broken record, but there’s no denying that Canada is the land of the F-150. Ford’s flagship truck remained the top dog in just about every possible category in TradeTracker’s December 2014 Used ... [Read More]

December closed out a year that spelled growth for many automaker certified pre-owned programs in Canada. Throughout the year, European automakers saw certified sales soar, and December’s results were no surprise in this respect. For example, Audi Canada sold 428 certified ... [Read More]

TREND Financial — which specializes in custom-made automotive financing solutions — announced today it has signed an $81 million non-revolving credit facility with long-term partners Maxium Financial Services. The company’s statement noted the move is designed to accelerate significant company ... [Read More]

Serpa BMW, a Newmarket, Ontario, dealership,  is now officially a designated BMW “M-Certified Center of excellence.” The automaker’s recognition was effective on the first of the new year. "M Series vehicles have been featured since Serpa BMW took over the dealership in ... [Read More]

The Ontario Motor Vehicle Council announced Thursday that a Mississauga used-car dealer has been fined for breaching disclosure requirements. Emmanuel Ntiri, operating as Edlavi Motors, has been fined $7,000 for breaching OMVIC’s Code of Ethics, the organization said in its statement. ... [Read More]

Canada’s most sought after vehicles of 2014 were all over the map – both literally and metaphorically. The top 10 vehicles for the year, provided by autoTRADER.ca, run the gamut of variety, ranging from rides for those city-dwelling, economy-minded consumers, ... [Read More]

TRADER Corp. announced this week that it has put pen to paper to complete a publishing agreement with Mobials. The arrangement will allow for the integration of Mobials’ Reviewmii along with TRADER’s marketplace and website solutions. James Hayes, the chief executive ... [Read More]

NextGear Capital is ramping up its presence in Canada and announced this week it has hired a new vice president of Canadian operations. Roy Vandermeer has been chosen for the new VP role. In this role, Vandermeer will be responsible ... [Read More]