The decline continues – just a little more slowly. Canadian Black Book’s weekly Market Insights showed the Canadian wholesale used-vehicle market fell by 0.20% for the week ending Aug. 24, a bit less of than the 0.28% drop of the ... [Read More]

Kot Auto Group’s growth plan has taken another step forward. The British Columbia-based dealership group expanded to 10 locations with the acquisition of Sunrise Ford in 100 Mile House, B.C. The dealership, which includes a service department and body shop, ... [Read More]

Having weathered a series of storms over the past few months, AutoCanada is looking at more dark clouds ahead and searching for a silver lining. But executive chairman Paul Antony said during the dealership group’s second-quarter earnings call, the outlook is still iffy. “It’s just something we can’t forecast right now,” he said. “From my perspective, I think we’ll have ... [Read More]

The wholesale used-vehicle market in Canada continued what Canadian Black Book analysts last week called a “steady gradual decline” — only with a bit more volatility among the car segments. CBB’s Market Insights report for the week ending Aug. 17 ... [Read More]

The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto highlighted a presentation about the next generation of remarketing. PAVE chief strategy officer Jameel Ghata explained how vital automated inspections and condition ... [Read More]

By the time the fourth quarter arrives, and snowflakes are flying again in Canada, TRADER Corp. will have new ownership. Last week amid the dog days of summer, AutoScout24, a leading pan-European online automotive marketplace, signed an agreement to acquire ... [Read More]

Toyota Canada has announced an investment in mobility — but probably not the kind of mobility you’re thinking of. The company’s $500,000 donation went toward a renovation of the Toyota Canada Motor Skills Clinic at Providence Healthcare in Scarborough, Ontario, ... [Read More]

Back for more from Canada’s Used Car Week, a trio of experts from Canadian Black Book — Daniel Ross, David Robins and Stephen Smith — join the Auto Remarketing Podcast for a discussion on their vantage points into used-car retail, ... [Read More]

As if the CDK Global outage wasn’t enough, AutoCanada is again dealing with a cybersecurity issue. The dealership group said it has identified a “cybersecurity incident” that took place Aug. 11, affecting its internal IT systems. In a news release, ... [Read More]

For a month, at least, the Canadian wholesale used-vehicle market stabilized. Canadian Black Book said its Used Vehicle Retention Index for July was 135.4 points, almost identical to the 135.3 recorded in June That hasn’t been the case in the ... [Read More]