Kot Auto Group announced it has renewed its multi-year partnership with Canadian automotive marketplace AutoTrader.ca. The dealership group said the agreement is “underpinned by a common vision of driving measurable growth” for its 11 retail locations in British Columbia through ... [Read More]

Paul Antony’s tone was somber as he addressed analysts and media in AutoCanada’s second quarter 2024 earnings call, telling them the company’s “recent performance has not met our own expectations” in the wake of sinking revenue and a reported $33.1 ... [Read More]

AutoCanada’s exit from the U.S. market moved another step forward this week. The Edmonton-based dealership group announced it has closed on the sale of Chevrolet of Palatine and Hyundai of Palatine in Palatine, Ill., for $9.3 million Canadian in cash. ... [Read More]

More than two-thirds of Canadians are mistrustful of car dealers, according to a report from online used-vehicle retailer Clutch. The Used Car Buyers’ Confidence Report, conducted by Angus Reid on behalf of Clutch, found 68% of survey respondents said they ... [Read More]

Vivian Liu is the CEO of Making Auto Easy, a platform designed to help dealers turn the manual meet-and-greet into a more efficient digital experience. In June, she joined the Canada’s Used Car Week Live Stage, presented by SYCN Auto ... [Read More]

Discussing securitizations, used-car values and more, Fitch Ratings offered multiple projections on Monday, including how auto loan ABS asset performance is weakening from the economic slowdown given the economy’s susceptibility to reduced U.S. growth and trade. Fitch is expecting a ... [Read More]

For all the concerns about political and economic turmoil, the first half of 2025 has been pretty good for used cars in Canada. AutoTrader’s Q2 Price Index report shows used sales and prices were up in the second quarter and ... [Read More]

The Ontario Motor Vehicle Industry Council has appointed Dan Park, CEO of Canadian online used-car retailer Clutch, to its Industry Advisory Council, an addition Clutch said provides “a modern, technology-driven perspective … at a pivotal moment for the automotive industry.” ... [Read More]

CanadaOne Auto has partnered with Canadian automotive marketplace AutoTrader.ca to support its efforts to streamline online inventory exposure for its used and new vehicle offerings. The Edmonton-based dealership group, which operates 43 locations in five provinces, said the deal allows ... [Read More]

The Canadian wholesale used-vehicle market had its ups and down last week. Canadian Black Book’s weekly Market Insights report for the week ending Aug. 2 showed auction conversion rates rising from the depths of a year-to-date low, while vehicle values ... [Read More]