Hyundai Canada Reveals 'Number One' Dealer

Hyundai Canada has announced its ‘number one’ dealer, choosing to recognize a Mississauga store for the dealership’s exceptional sales and fundraising performance in 2013. The company is honoring Missisauga Hyundai, which led all Canadian Hyundai dealerships in sales and charity fundraising... Read More

Sarah Rubenoff, Auto Remarketing Canada Editor

DrivingSales University announced it has furthered its expansion into the Canadian market through a new alliance with the New Car Dealers Association of British Columbia (NCDA). Through the agreement, DSU’s Web-based dealership training program is now available at a discounted rate to the more than 350 NCDA member... Read More

Ford F-150 Most-Appraised Vehicle in 2013

Sarah Rubenoff, Auto Remarketing Canada Editor

After giving up a few months to smaller models, the Ford F-150 reclaimed its spot as the most-appraised vehicle in Canada, according to the December TradeTracker Used Vehicle Market Report. The F-150 was followed by the Honda Civic Sedan (No. 2) and the Toyota Corolla (No. 3). In the November report, the Civic Sedan... Read More

Canadian Wholesale Prices End 2013 on the Rise

Sarah Rubenoff, Auto Remarketing Canada Editor

During the last month of 2013, wholesale prices did rise on an overall basis — a trend dealers experienced during most of last year — but the spike was slight, and price movements for most segments were negative. According to the ADESA Canada Used Vehicle Price Index, powered by ALG, wholesale prices rose by... Read More

Sarah Rubenoff, Auto Remarketing Canada Editor

Many high-end vehicle dealers in Canada are breathing a sigh of relief as Canadian and U.S. law enforcement agencies cracked down on an international vehicle theft crime ring, recovering $3.2 million in assets. Car recovery company LoJack Corp. reported its part in the recent bust, providing insight into the... Read More

Canada Hits Record for New-Car Sales in 2013

Sarah Rubenoff, Auto Remarketing Canada Editor

After years of post-recession lows, the Canadian automotive market reached a new record in 2013, according to analysis from the Canadian Automotive Dealers Association released this week. A whopping 1.74 million new cars were sold in Canada last year, up 4 percent from 2012 sales. This also marks only the second time... Read More

Sarah Rubenoff, Auto Remarketing Canada Editor

Hyundai Auto Canada Corp. announced its choice for its very first chief operating office, hiring an industry veteran for the job. Donald Romano brings over 29 years of experience in the automotive industry to the role of COO. The company explained the newly-created position of COO “underlines Hyundai Auto... Read More

European Brand CPO Sales Soar

Sarah Rubenoff, Auto Remarketing Canada Editor

As December and full-year 2013 certified pre-owned results came in, it’s evident that while European automakers saw CPO sales rise consistently throughout this past year, Japanese brands were feeling the sting of tight used supply. One European brand even notched its best year ever for CPO. After selling 264... Read More