Kia Canada Inc. announced a new online tool for dealers, fleet and rental partners that should make acquiring pre-owned and CPO vehicles a bit easier in this tight supply environment. Kia has partnered with web-based auction AutoGavel Exchange — powered ... [Read More]

After rising almost every month this year, it seems wholesale prices have slowed their game, as fall is bringing lower rates at auction. The ADESA Canada Used Vehicle Price Index, powered by ALG Canada, has been updated through August, and ... [Read More]

The Automotive Industries Association of Canada revealed a series of management changes this week — moves designed to better serve its members. First up, AIA promoted Andrew Shepherd to senior director of industry programs and executive director of I-CAR Canada. ... [Read More]

Certified pre-owned sales were strong in August for the European automakers, with one luxury brand, in particular, touting its best August ever for CPO sales. Audi Canada had its best August ever this past month, with 436 CPO vehicles sold. ... [Read More]

Canadian minister of finance Jim Flaherty confirmed this week that the government has made strides to move General Motors towards private sector ownership. Canada GEN Investment Corp. — a wholly-owned subsidiary of the Canada Development Investment Corp., who holds Canada's ... [Read More]

Edmonton, Alberta-based Carfinco Financial Group Inc. revealed this week it is expanding into the U.S. market with a new acquisition. The company has purchased Massachusetts-based Persian Acceptance Corp. (PAC), an indirect lender in the subprime retail automotive industry, from Peter ... [Read More]

Automotive digital marketing company Strathcom Media recently promoted a new way for Canadian dealerships to increase their online exposure. With its new syndicated data service, the company says dealers can  “increase the online exposure of their inventory without increasing their ... [Read More]

Toyota Canada recently announced it has come to an agreement to settle economic loss litigation in Canada related to Toyota recalls in 2009 and 2010 regarding unintended acceleration. The company said “turning the page on this legacy legal issue is ... [Read More]

The Automotive Industries Association of Canada recently announced it has a new director of collision programs. Appointed to the position is Leanne Jefferies, who brings experience in the operation of a collision repair facility, collision media editing and publication,youth programming ... [Read More]

AutoCanada Inc. announced this week it has obtained approval from Chrysler Canada to purchase the operating assets and real estate of Eastern Chrysler Plymouth Inc., which owns and operates a Chrysler Dodge Jeep Ram dealership in Winnipeg, Manitoba. The 66-year-old ... [Read More]