Friday, January 10, 2014 - 11:58am

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

Thursday, January 9, 2014 - 12:23pm

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

Thursday, January 9, 2014 - 12:21pm

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

Wednesday, January 8, 2014 - 12:39pm

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

Thursday, December 19, 2013 - 12:00am

Sarah Rubenoff, Auto Remarketing Canada Editor

Though analysts offered no short-term good news in regards to Canadian leasing levels, movement in the new-car market could spell more off-lease vehicles in the future. That is, if OEMs are able to turn consumers away from long-term loans and point potential buyers toward leasing. New-car sales in Canada are soaring.... Read More

Thursday, December 19, 2013 - 12:00am

Sarah Rubenoff, Auto Remarketing Canada Editor

Acura Canada announced two recalls this week that affect more than 3,000 model-year 2014 units in Canada. First, Acura said it is recalling  3,074 MDX vehicles from the 2014 model year to inspect and, if needed, tighten or replace bolts used to secure the propeller shaft, a component of the all-wheel drive... Read More

Thursday, December 12, 2013 - 12:00am

Sarah Rubenoff, Auto Remarketing Canada Editor

Fleet services provider ARI announced two new executive appointments this week. Rick Tousaw has been promoted to senior vice president and general manager of ARI Canada. And Craig Balfour has been promoted to vice president of sales for ARI Canada. Commenting on the new appointments, executive vice president of... Read More

Thursday, December 12, 2013 - 12:00am

Auto Remarketing Canada Staff

Mercedes-Benz Canada revealed this week its 2014 Star Dealers list. These awards honor the top 10 authorized Mercedes-Benz dealers in Canada, “reinforcing the critical role that each dealership plays in the overall success of the Mercedes-Benz, AMG, smart and Sprinter brands in Canada,” the company... Read More