The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Mississauga dealer is driven to educate women about career opportunities in automotive
Arlena Sawyers, Correspondent
When Susan Gubasta’s dad first urged her to join the family-owned dealership business more than 30 years ago, she just wasn’t interested.
After all, she reasoned, retail automotive was dominated by men who either sold cars or repaired cars and there was no career path there for her.
Since she “wasn’t a math person,” working in the dealership’s accounting office wasn’t appealing either.
Turns out that not only was Gubasta mistaken about joining the family business, it was ... [Read More]
Canadian Black Book adds industry veterans Khan, Bonneau as sales directors
Auto Remarketing Canada Staff
Canadian Black Book announced two significant additions to its sales staff. The automotive data and analytics provider has hired industry veterans Waqas Khan and Geneviève Bonneau, both of whom will carry the title of director of sales, data licensing. “Their ... [Read More]
EDealer launches new Cars.ca online vehicle listings marketplace
Auto Remarketing Canada Staff
The team behind EDealer and EBlock has launched a third leg to that online automotive stool: Cars.ca, an online car listings marketplace for dealers to reach consumers. In a LinkedIn post Monday, EDealer said the site currently has more than ... [Read More]
Go Auto looks to continue its expansion in Canada and south of border
Alysha Webb, Correspondent
Go Auto plans to continue to grow and the dealership group is interested in acquiring franchises in Western Canada, the dealership group’s president Phil Abram told Auto Remarketing Canada. But it is also eying further expansion in the United States, ... [Read More]
Canada a priority for Lithia & Driveway expansion in English-speaking countries
Alysha Webb, Correspondent
Lithia & Driveway’s first foray into international markets was through a Canadian acquisition and LAD president and CEO Bryan DeBoer has said the publicly listed dealer group will continue to grow in Canada. “Canada has been our top target for ... [Read More]
HGregoire has similar eclectic expansion strategy in US & Canada
Alysha Webb, Correspondent
The HGregoire dealership group is on a bit of an expansion spree lately, but not in Canada. Its most recent additions have been in the U.S., where is goes by HGreg.
Its expansion strategy is similar in the U.S. and in Canada, John Hairabedian, president and CEO of HGreg, said.
“We continue to find the best opportunities to expand in all markets across both borders,” he told Auto Remarketing Canada.
Its U.S. expansion strategy this year has ... [Read More]
CBB used vehicle value index stable for third consecutive month
Auto Remarketing Canada Staff
For the third month in a row, Canadian Black Book’s used vehicle retention index didn’t fall. But it didn’t rise, either. The CBB index for September came in at 136.0 — no change from August — marking the first time ... [Read More]
Study shows Manitoba drivers have Canada’s highest traffic injury rate
Auto Remarketing Staff
A new study shows drivers in Manitoba need to make sure their collision insurance is up to date. Preszler Injury Lawyers’ analysis of Transport Canada’s 2022 data on road traffic injury reports found Manitoba has the highest rate of injuries, ... [Read More]
Dilawri Group completes land acquisition from REIT in $54 million deal
Auto Remarketing Canada Staff
Automotive Properties Real Estate Investment Trust (REIT) announced it has completed the sale of a dealership property known as the Kennedy Lands in Markham, Ontario, to a member of the Dilawri Group. The $54 million sale was agreed to in ... [Read More]
Credit relief gives AutoCanada added flexibility during financial restructuring
Auto Remarketing Canada Staff
In the midst of a financial restructuring, AutoCanada announced an amendment to its senior credit facility. In a news release, the struggling dealership group said the move offers “additional covenant headroom” during the covenant relief period, which runs through Sept. ... [Read More]
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