Perhaps the stage is set for another record-breaking milestone in the Canadian wholesale market. After faltering in February, the Canadian Black Book Used Vehicle Value Index climbed back up to near record levels in March. Now sitting at 105.1, experts ... [Read More]

“Why not take a picture of the dealer’s advertisement the next time you’re shopping for a car and take it with you to your dealer? Because the dealer should not charge more than that advertised price.” That statement is part ... [Read More]

At last month's Auto Remarketing Canada Conference in Toronto, Drew Harden of CARFAX Canada talks about the pain points dealers have in the vehicle trade-in process and how to address those challenges.  The conversation touches on a more collaborative trade-in ... [Read More]

The Kelley Blue Book brand is now in Canada. Cox Automotive Canada made the announcement on Tuesday, the first of two major moves from the company this week. “Kelley Blue Book is the leading provider of vehicle valuations in North ... [Read More]

Canadian Black Book said it uncovered more “very telling statistics” as part of its annual vehicle-buying study conducted by Ipsos. The latest endeavor breaks down the differences between various Canadian demographics in how they shop, what they expect and overall ... [Read More]

Certified pre-owned car sales results in Canada are coming in, and several are reporting records.   Nissan and Infiniti, for example, both reported their best-ever months for certified pre-owned sales.  The Nissan brand increased its CPO sales from 687 in March ... [Read More]

Say your customer’s vehicle needs a significant repair like a new air conditioning compressor or timing belt replacement, but the client doesn’t immediately have the funds available to pay. A new Canadian fintech startup is deploying a solution to help ... [Read More]

Axis Auto Finance now has more funding horsepower to help dealerships retail vehicles. According to a news release distributed this week, the publicly traded alternative auto finance company announced the closing of its new $100 million senior secured revolving debt ... [Read More]

Using the Vin-UP hardware/software program, auto dealerships offer their service customers an “Instant Vehicle Valuation Coupon.” The coupon indicates that the store wants to purchase the vehicle and provides a cash price. VIP says its program helps auto dealers generate ... [Read More]

Perhaps like many dealers and consumers, the analysts who compiled the latest ADESA Canada Used Vehicle Price Index — powered by ALG — appear eager for spring to arrive, especially with the volume of new-vehicle sales in February. The February ... [Read More]