IARA Canada’s First Training Event Covers Remarketing Basics
Wednesday, May. 21, 2014, 02:33 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
The Canadian branch of the International Automobile Remarketers’ Alliance completed its first training event earlier this month for its members — an event the organization said was well-attended by members “from all facets of the automotive remarketing spectrum.” The event ... [Read More]
BMW Canada Reveals New Top Exec
Monday, May. 19, 2014, 04:56 PM
Auto Remarketing Canada Staff
BMW Canada has a new leader. Hans Blesse assumed the role on Tuesday after the company announced former president and chief executive officer of the BMW Group Canada Eduardo Villaverde was leaving the company. Villaverde had taken on the role ... [Read More]
Carfinco Sees Unusual Auto Loan Growth in Q1
Thursday, May. 15, 2014, 03:23 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Carfinco Financial Group announced first-quarter results this Wednesday that showed growing auto loan originations as well as rises in net earnings. The first quarter of fiscal 2014 has been a positive one for Carfinco, said company management, as the company ... [Read More]
Lexus Dealers Offer Test Drives From Montreal-Trudeau Airport
Wednesday, May. 14, 2014, 03:19 PM
Auto Remarketing Canada Staff
Lexus has set up shop at the Montreal-Trudeau airport. Instead of a cab, why not take a Lexus? Travelers returning home over the next few months and interested in purchasing a luxury vehicle might want to stop by the Lexus ... [Read More]
Mercedes-Benz Winnipeg Moving to Updated Facility
Wednesday, May. 14, 2014, 02:53 PM
Auto Remarketing Canada Staff
Mercedes-Benz Winnipeg is getting a facelift, as store management and company leaders broke ground this week for a new location for the well-established dealership. Tim Reuss, president and chief executive officer of Mercedes-Benz Canada, together with company executives, recently joined ... [Read More]
Co-Auto Dealers Have New Service Plan Options
Wednesday, May. 14, 2014, 02:48 PM
Auto Remarketing Canada Staff
Now, Co-Auto dealership members have a few new options when selling service plans to customers. This week, reconditioning company Dent Wizard International announced a new partnership with Co-Auto — a cooperative buying group dedicated exclusively to servicing new car and ... [Read More]
AutoCanada Connects Q1 Used Success to New Inventory Strategy
Monday, May. 12, 2014, 02:27 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As AutoCanada announced strong financial results for the first quarter, the company highlighted one area, in particular, that contributed to an overall dealership revenue increase of 28.2 percent: used-vehicle sales. Q1 was an extremely strong quarter for pre-owned, as the ... [Read More]
Chrysler, Ford Ramp Up Fleet Sales in 2013
Thursday, May. 8, 2014, 02:22 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Though rental and fleet sales for automakers can be looked at in a variety of ways — as many automakers try to pass of some of their harder-to-move products in this fashion — these types of sales normally bode well ... [Read More]
Nissan, Infiniti Dealers To Have New Protection Program Option
Thursday, May. 8, 2014, 01:44 PM
Auto Remarketing Canada Staff
Nissan Canada Extended Services Inc. announced a new partnership this week with Safe-Guard Canada that will give dealers another warranty and protection program to offer new customers. Protection plans administered by Safe-Guard Canada will be available to Nissan and Infiniti ... [Read More]
Honda Canada Recalls Over 1K 2014 Odysseys
Wednesday, May. 7, 2014, 05:25 PM
Auto Remarketing Staff
Honda announced this week it is recalling 1,501 2014-model-year Odyssey vehicles in Canada to repair the electrical coupler — a component in the passenger side curtain airbag system. “During assembly of the electrical coupler for the passenger side curtain airbag, ... [Read More]