Auto Remarketing Canada Staff

OpenRoad Auto Group recently announced that it has opened Western Canada’s first Karma Automotive dealership – its new KARMA VANCOUVER location. The Karma Automotive dealership is one of only three in the country. The store is also where the 2018 Karma Revero was unveiled. The Revero was recently... Read More

Auto Remarketing Canada Staff

Canadian auto sales have enjoyed record sales the past few years — but it looks like those numbers may have topped out in 2017. That’s according to recent Canadian Black Book poll research that shows 51 percent of Canadian automotive consumers are expected to purchase a vehicle over the next two years. But... Read More

Auto Remarketing Canada Staff

Off-lease used-vehicle supply continues to ramp up — both in Canada and the U.S. — but this increase isn’t being illustrated in any softening of used-vehicle price movement yet, at least not up North. According to Canadian Black Book’s Used Vehicle Retention Index for Canada, this past February... Read More

Joe Overby, Senior Editor

Automakers shared their certified pre-owned sales results with Auto Remarketing Canada for February, and below is a rundown of how auto brands are faring through two months of the year.  Starting with Audi, the automaker increased CPO sales by 29.4 percent year-over-year, moving 612 units in February. It has... Read More

CARPROOF to rebrand as Carfax Canada

Auto Remarketing Canada Staff

CARPROOF Corp. said Monday it will rebrand as Carfax Canada in October. Both CARPROOF and Carfax are owned by IHS Markit, and this move “further aligns” the two brands “to better serve its consumer and dealer customers by leveraging the globally known Carfax brand,” CARPROOF said in a news... Read More

Joe Overby, Senior Editor

A densely populated area. Traffic congestion. A tech boom in the area. One of the largest cities in North America. Factors like these made Toronto the ideal choice for Maven’s first market outside the U.S., says Mark Latchford, who is the general manager in Toronto for the General Motors personal mobility... Read More

Chris Hart-Williams, Staff Writer

CARPROOF’s newly released data-driven appraisal tool —  CARPROOF True Value — can provide more accurate values of used vehicles because it looks at vehicles' unique history, rather than just what it’s being listed for within a particular geographic area, according to company vice... Read More

Remarketing's Under 40 honorees for 2018

Auto Remarketing Canada Staff

From dealers to auction executives, from leading professionals at third-party providers and auto finance companies — and everywhere in between — the Canadian auto industry is full of young men and women who have achieved massive success at an early age. That’s why for the fourth consecutive year, Auto... Read More