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15 straight weeks of wholesale vehicle price gains in Canada
Thursday, Jun. 17, 2021, 02:53 PM
Auto Remarketing Canada Staff
Wholesale vehicle prices have increased for 15 consecutive weeks in Canada, according to the Canadian Auto Market Update released Tuesday by Canadian Black Book. Last week, used prices were up 0.35% overall, with trucks/SUVs up 0.36% and cars were up ... [Read More]
Canada Drives adds former StubHub president to board
Thursday, Jun. 17, 2021, 02:03 PM
Auto Remarketing Canada Staff
Canada Drives added to its board of directors this week, appointing Sukhinder Singh Cassidy as lead independent director. Singh Cassidy is the former president of StubHub and has held senior leadership posts at Google, theBoardlist, Yodlee, Polyvore, Joyus and Amazon. ... [Read More]
CBB adds business development director
Thursday, Jun. 10, 2021, 03:02 PM
Auto Remarketing Canada Staff
Canadian Black Book has named a new director of business development. Hired for the role was James Hancock, whose background includes 14 years working with a luxury automaker in Canada and the U.S. Hancock has spent the last eight years ... [Read More]
May shows improving CPO car market in Canada
Tuesday, Jun. 8, 2021, 02:35 PM
Joe Overby, Senior Editor
Spring has brought a blooming certified pre-owned vehicle market in Canada. As the CPO market continues to bounce back, automakers were seeing a lot of good signs last month. Here's how some of the CPO programs are faring, based on ... [Read More]
PODCAST: Canada Drives co-CEO talks expansion & more
Friday, Jun. 4, 2021, 04:22 PM
Auto Remarketing Canada Staff
Canada Drives co-chief executive officer Cody Green joined the Auto Remarketing Podcast to discuss the company's online vehicle shopping and delivery platform expanding into Ontario, future growth plans and more. Plus, Green shares a bit about the company's platform in the ... [Read More]
Auto originations, delinquencies decline in Canada
Thursday, Jun. 3, 2021, 02:07 PM
Auto Remarketing Canada Staff
Though not as steep as the declines in other sectors, auto loan origination volumes in Canada dropped 8.8% year-over-year in the fourth quarter, according to the Q1 2021 TransUnion Industry Insights Report. Specifically, there were 435,065 auto loans originated in ... [Read More]
2021 Women & Automotive: Profiles in Leadership honorees
Wednesday, Jun. 2, 2021, 04:58 PM
Auto Remarketing Canada Staff
Since launching the Women & Automotive: Canadian Leadership Forum in 2016, Cherokee Media Group has honored and recognized a group of Canada’s leading women in automotive each year through our Women & Automotive: Profiles in Leadership program. This year's class is recognized ... [Read More]
OpenRoad adds residential real estate division
Tuesday, Jun. 1, 2021, 02:32 PM
Auto Remarketing Canada Staff
OpenRoad Auto Group is expanding from the highway to the neighborhood. British Columbia's largest auto dealer group announced last week that it has a launched a residential real estate division: OpenForm Properties. The company’s new residential development division has also unveiled ... [Read More]
Canada Drives expands online car-buying platform to Ontario
Thursday, May. 27, 2021, 03:37 PM
Auto Remarketing Canada Staff
Canada Drives announced Thursday it has expanded its online vehicle-shopping and “to-your-door” delivery platform into Ontario. It debuted the platform in British Columbia last fall, a spokesperson confirmed, and plans to continue to expand throughout the country, with its sight ... [Read More]
Facedrive brings Steer EV subscription service to Toronto
Tuesday, May. 25, 2021, 04:27 PM
Auto Remarketing Canada Staff
Facedrive announced last week it has launched its Steer electric vehicle subscription service in Toronto and delivered its first crop of cars. Steer initially launched in Washington, D.C. in May 2019. Facedrive acquired Steer from Exelorate Enterprises in September. “The ... [Read More]
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