Canadian wholesale auto prices continued to slide down last week, falling by an average of almost a quarter percent (down 0.23%). According to Canadian Black Book weekly data, car prices dropped by 0.35%, while trucks and SUVs dropped by 0.11%. ... [Read More]

Otolane reinforced its team this week with another industry professional who previously worked for Manheim Canada. The latest veteran to join the online wholesale automotive marketplace solution is Gerry Johnson, who will serve as Otolane’s vice president of sales. Otolane ... [Read More]

Cargo volumes, including automotive, flowing through the Port of Vancouver increased over the course of this past year. Volumes overall were up by 6% year-over-year in 2023. For automotive specifically, volume was up by a whopping 36% last year, as ... [Read More]

Private-party transactions can be a sticking point for consumers, as fraud is often a concern. A new Canadian transactional platform — EEZE — aims to address this concern. The new platform, serving the Ontario and Quebec markets, offers services to ... [Read More]

The Canadian wholesale market continued its slow but steady decline in values last week. According to Canadian Black Book data, wholesale prices dropped by an average of just over a quarter-percent. Cars dropped by 0.40%, while trucks and SUVs dropped ... [Read More]

Cherokee Media Group listened in as Tim Reuss of the Canadian Automobile Dealers Association appeared at NADA Show 2024 in Las Vegas. In this episode of the Auto Remarketing Podcast, hear what Reuss had to say about the challenges dealers ... [Read More]

Leading Montreal luxury auto dealership John Scotti Automotive is celebrating its 50th anniversary. Founder John Scotti is well-known in the community as an entrepreneur and leader in the auto industry, according to a news release. By age 16, Scotti already ... [Read More]

Hyundai Auto Canada recently announced a partnership with the Professional Women’s Hockey League (PWHL), after recently being named one of the 2024 Best Workplaces for Women by Great Places to Work. The multi-year Canadian partnership with the league includes naming ... [Read More]

AutoCanada wrapped up its fiscal fourth quarter with stronger new-car sales pushing total year-over-year revenue up by 6.9%. But while demand for new cars and parts, service and collision repairs was high, the dealer group experienced softer used-vehicle sales, especially in the U.S. Chief financial officer Azim Lalani said during the call to discuss fiscal full-year and Q4 results that Canadian same-store used retail vehicle units sold decreased by ... [Read More]

Wholesale vehicle prices continued a slow decline last week with a 0.31% drop, right after finishing February with prices down by 9.0% year-over-year, according to the latest weekly report from Canadian Black Book. The car segments saw bigger price drops ... [Read More]