As spring gets underway, used supply is expected to rise, pushing pre-owned prices down slightly over the course of this month and April. That’s according to the March-April Canada Industry Report from ALG Canada, which predicts used market supply to ... [Read More]

ADESA announced today that it has named a new general manager at ADESA Ottawa. Most recently serving as the auction’s assistant GM, Jason McClenahan now takes on the position of GM, where he will be responsible for the auction’s market ... [Read More]

Infiniti Canada has named a new managing director, effective April 1. Stephen Lester has been chosen for the role and will be reporting to Christian Meunier, president, Nissan Canada Inc. and Randy Parker, vice president, Infiniti Americas. Lester was most ... [Read More]

AutoCanada hosted its quarterly conference call on Friday, outlining its financial results for the fourth quarter and full year of 2014. The group saw some of its largest year-over-year increases in a couple of its used-vehicle sectors: used-vehicle sales and ... [Read More]

It was announced this afternoon that Black Book has completed the purchase of William Ward Publishing — the exclusive distributor of Canadian Black Book vehicle values. CBB is utilized as a valuation guide by financial institutions and dealers across Canada. ... [Read More]

Coming off a year during which growth and acquisitions were a top priority, AutoCanada is continuing to expand with the announcement it will build an open-point Kia dealership in Winnipeg, Manitoba. The dealer group announced this week it has signed ... [Read More]

We are still in the first quarter, but waves are already being made on the dealership acquisition front. It was recently announced that AutoPlanet Automotive Group has bought the largest automotive group in Niagara. Brampton-based AutoPlanet announced this month is ... [Read More]

Wholesale prices were on the way up in February, with analysts reporting price spikes across the board for all segments, even as the Canadian economy was feeling the impact of depreciation on the Canadian dollar. The Manheim Canada February used-vehicle ... [Read More]

The Ontario Motor Vehicle Industry Council announced Wednesday that it has brought curbsiding charges against a Toronto-area group who was also allegedly selling vehicles without disclosing previous accident damage. The group – 2141212 Ontario Corporation, operating as Monterey Auto Repair ... [Read More]

RepoDepo, which for 25 years has been one of the largest suppliers of repossessed vehicles across Canada, has launched RepoDepoDirect.ca. RepoDepoDirect.ca, a national live online auction exclusively featuring quality repossessed vehicles, offers dealership used-car buyers an advanced view of RepoDepo’s full ... [Read More]