Over the course of the pandemic, leasing fell way off,  and the auto finance market saw loan-term lengths soar amid a difficult economic environment for consumers. And it’s likely in Canada, the market may never return to the norm dealers ... [Read More]

Michigan-based Penske Automotive Group has expanded its Canadian footprint, announcing Monday it has acquired Transolutions Truck Centers, a Winnipeg-based retailer of medium- and heavy-duty commercial trucks and buses. Transolutions Truck Centers, or TSTC, includes three full-service dealerships and two parts ... [Read More]

Last month, Toronto-based TRADE X, a B2B cross-border vehicle marketplace for trading vehicles globally, announced it had integrated PAVE’s vehicle inspection API into its platform. Through this integration, sellers on the TRADE X platform can easily capture inspection information and ... [Read More]

There is a bit of a learning curve in the world of subprime auto finance, but more dealers, franchised and independent, are entering the business and implementing subprime in an effort to serve more customers across the credit spectrum. “Non-prime ... [Read More]

Mentorship is not one-size-fits-all. It takes many forms, and the mentor/mentee relationship can serve a variety of purposes. Lydia Bowser, director of human resources at PAVE AI, and Dee Murphy, founder of The Liminal Place, address the different mentorship archetypes ... [Read More]

While many consumers are still tentative, Canada is “warming up” to electric vehicles, and subsequent sales gains are helping to improve the used retention values of these vehicles. That’s according to analysis and a study developed by Canadian Black Book, ... [Read More]

In honor of baseball heating up, send in the closer. Atul Patel is the CEO and co-founder of Orbee, a leading provider of customer experience middleware for car dealerships. He’s also the Day 1 closing keynote speaker at Canada’s Used ... [Read More]

Winds of change in Canada are blowing when it comes to data privacy. Quebec has been one of the first provinces to respond, passing Bill 64 in September of last year. This is the first European-Union-like privacy law, with massive ... [Read More]

More women are entering the automotive industry than ever before. And businesses are beginning to notice that their efforts and commitment to invest in diversity, equity and inclusion are paying off in higher profits and less turnover. But there’s still ... [Read More]

In a preview of what’s in store for Canada’s Used Car Week, which is set for the Delta Hotels Toronto Airport & Conference Centre on June 12-14, Stephanie Lamb appeared on the Auto Remarketing Podcast. The director of automotive lending ... [Read More]