Auction managers, dealer principals, automotive digital marketing experts, third-party listing providers, consignors, transportation providers, automaker execs, bankers, lenders. What do all these professionals have in common? They make the “remarketing world” go round. Without all these players — and more ... [Read More]

Kia is offering a new product in Canada that will benefit both dealers and consumers in the F&I department. Kia Motors Finance (KMF) launches in Canada today, bringing new lease options for Kia shoppers. Hyundai Motor Finance hit the market ... [Read More]

The used market isn’t the only facet of the Canadian automotive industry where trucks reign supreme. According to the Market Snapshot from DesRosiers Automotive Consultants Inc., the numbers from 2014 reflect the same trend in the new-vehicle segments. Overall truck ... [Read More]

ALTESO, auto remarketing software developer and holding company, announced this week that its white-label auction platform division —  iBidSmart — is separating from the ALTESO group of companies. With iBidSmart taking off on its own, Mark Buffa, who has over ... [Read More]

In our very first “CPO Stars and Certified Trends” issue — set to be released next week — we will announce the first recipient of the CPO Dealer of the Year Award, which honors a top Canadian dealer who stands out in ... [Read More]

DealerRater has announced the winners of its 2015 Dealer of the Year Award program based on consumer reviews of their dealership experiences shared on DealerRater.com. The highest scoring dealership in Canada — Bank Street Hyundai in Ottawa, Ontario — was ... [Read More]

Having experienced success on the South Shore of Montreal, Groupe Park Avenue is expanding its presence on the North Shore of the Quebec city with a new pre-owned supercenter. The dealer group has opened a second Mega Centre Occasion Park ... [Read More]

As gas prices continue to drop, so are pricetags on more fuel-efficient used vehicles. And after falling slightly over the course of the end of 2014, overall used-price drops are expected to escalate as the industry kicks off into the ... [Read More]

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]