Last week, prices dropped by 0.66% at the auto auctions in Canada, according to Canadian Black Book, which reported car segment prices dropped by 0.43%, and trucks/SUV segment prices fell by 0.89%. None of the segments CBB tracks saw values ... [Read More]

AutoCanada is in its 30th year of existence and its 18th year as a public company. This also marks the five-year benchmark of its “Go Forward” plan, which included stabilizing the company in 2018, as well as contemplating and acting on what the future holds. With continuing this growth in mind, AutoCanada held a series of operational strategy sessions this past summer, which were used to “create the playbook that’s going to lead our organization for the next five years ... [Read More]

Auto finance application platform LendingArch is growing its presence in the Canadian market, expanding its network of auto dealerships through its Carsfast.ca platform. In a news release, LendingArch president Paul Hadzoglou said: “We are thrilled to announce our continued success ... [Read More]

Audi Thornhill’s new-vehicle sales and service facility located at 7064 Yonge Street has opened, leaving the store’s temporary facility open for certified pre-owned to sweep in. The temporary Audi Thornhill new dealership location at 7079 Yonge Street has been transformed ... [Read More]

TD Bank is taking a stand against discrimination and hate throughout communities in Canada and the U.S. through another $250,000 donation in response to the ongoing conflict in the Middle East. So far, TD has donated a total of $1 ... [Read More]

Roughly two weeks after rebranding to its current name, Cars Commerce is expanding its platform into Canada, giving the company a much larger presence in the country. The company announced Thursday morning that it has acquired D2C Media Inc., an ... [Read More]

After a contentious negotiation process culminating in a strike that only lasted hours, Canadian union Unifor has reached a tentative agreement with the last of the Detroit 3 in negotiations, Stellantis. This follows ratifying pattern agreements with both Ford Canada ... [Read More]

OpenRoad Auto Group, British Columbia’s largest dealer group, has launched a new campaign that aims to create a “hub” where car shoppers can learn more about electric vehicles. The “Electrified” campaign launched in conjunction with Zero Emissions Day in September. ... [Read More]

Canadian Black Book has launched a new product that aims to make it easier for automotive professionals to drill down and benefit from retail market data. CBB said Pulse is a visualization tool whose capabilities can help dealers, fleet managers ... [Read More]

WEINS Auto Group recently held a celebration to recognize the dealer group’s 50th anniversary in the Markham, Ontario community. Don Valley North Toyota, the dealer group’s flagship store, posted a video on YouTube highlighting the event and showcasing highlights from ... [Read More]