Did you know that your most effective used-car sales team is likely your service department? Among used-car buyers who service at a dealership, 74% shop that dealership for their next used vehicle, and 55% buy their next used vehicle there. ... [Read More]

Manheim Edmonton announced on Nov. 26 that it will expand its existing weekly dealer and commercial auction to public auctions and continue the Osman Auction legacy under the Manheim Edmonton name. The move took place beginning with the public auction ... [Read More]

Before November closed, Scotiabank collected another accolade. Scotiabank was named the winner of the Judge’s Choice Award for Responsible Innovation in Financial Services at the 2019 Annual Canadian FinTech & AI Awards. The awards recognize banks, credit unions, innovators, investors, ... [Read More]

Canadian Black Book vice president of research and analytics Brian Murphy summed up the latest reading of the CBB Retained Value Index with six words. “What goes up, must come down,” Murphy said in a news release sent to Auto ... [Read More]

Certified pre-owned programs offer a great opportunity to increase your gross. However, the word certified means different things to different people, which creates confusion for customers and challenges for dealerships. What does a customer really want when they’re looking to buy certified, ... [Read More]

Attention, Canadian auto auctions: Auto Remarketing Canada is putting together an “Auction Life” photo spread for our next print issue.  If your auction or auction group would like to participate, submit photos via email to senior editor Joe Overby at joverby@autoremarketing.com no later than close ... [Read More]

The new president and chief executive officer for Mercedes-Benz Financial Services Canada Corp., James Ryan, will head up the Canadian divisions of Mercedes-Benz Financial Services and Daimler Truck Financial. He will lead a team of 165 employees.. Ryan succeeds Stefan ... [Read More]

As digital wholesale platforms continue growing in Canada, Cox Automotive Canada has launched a new Canadian dealer-to-dealer digital auction platform that it says can use Manheim’s brand and physical auction services to deliver a competitive advantage to all dealers and ... [Read More]

Axis Auto Finance originated $1 million in new loans in a single day. The milestone, which took place at the end of September, was a single-day originations record for the company. The record highlights the culmination of 12 months of ... [Read More]

Eighty-eight percent of drivers according to a recent survey would give themselves a grade of A or A+ for their driving skills. But 80% admit to speeding because of an “inadvertent lead foot.” The study is from Onlia, which offers ... [Read More]