DriveItAway, a U.S.-based mobility platform that offers vehicle subscription-to-purchase services, is expanding to Canada. The company has partnered with Ontario-based Legacy Auto Credit, a dealership offering in-house leasing and auto financing to credit- and debt-challenged customers. “For decades Legacy Auto Credit ... [Read More]

Good news for the Canadian used-vehicle market: Prices are considerably steadier, according to Canadian Black Book, which released its Used Vehicle Retention Index for November on Friday. Specifically, the index came in at 158.7 for the month, relatively steady with ... [Read More]

AutoVerify has teamed up with Global Warranty, an independent warranty provider in Canada, to help dealers drive F&I profitability. The company has integrated Global Warranty products into its AutoVerify Spotlight digital merchandising solution. “This partnership with AutoVerify is a win ... [Read More]

While Canadian car shoppers say they’ll hold steady on their decisions around new-versus-used and budgeting regardless of where the economy goes, recent research from AutoTrader.ca also shows they were more willing to consider pre-owned this year. Pushed by microchip shortage-driven ... [Read More]

AutoCanada continued its growth last week with the acquisition of Sterling Honda in Hamilton, Ontario. The retailer said the purchase will bring in annual revenues of more than $65 million. AutoCanada will fund the transaction from a drawdown of its credit ... [Read More]

PAVE, which is an automated vehicle inspection platform, announced earlier this week that online auto retailer CarDoor is now using the company’s platform to promote  greater transparency in consumers’ at-home vehicle inspections. PAVE’s digital inspection technology allows consumers to take ... [Read More]

On Monday, KAR Global announced the launch of a revamped website for its ADESA Canada marketplace. The company said the redesigned ADESA.ca aims to provide “greater clarity of products and services for both buyers and sellers — allowing current and ... [Read More]

E Automotive Inc. released its third-quarter and year-to-date earnings results earlier this week, sharing increases in both revenue and vehicles transacted, among other highlights. It has been a busy year for E Inc., parent company of the EBlock digital wholesale ... [Read More]

TRADER Corp. said Thursday it is acquiring Dealertrack Canada from Cox Automotive’s Canadian retail business, along with the Canadian operations of VinSolutions, Dealer.com, Xtime and Kelley Blue Book. The company said most Canadian Cox Automotive Retail employees will likely move ... [Read More]

Just nine days after its most recent acquisition, AutoCanada said Tuesday it has purchased two luxury collision centers in Scarborough, Ontario: Excellence Auto Collision Silver Star and Excellence Auto Collision Midwest. Excellence Auto been in the greater Toronto area for more ... [Read More]