An online automotive marketing operations based in The Netherlands and out to serve the Canadian, Latin American and European markets made a move to strengthen its North American footprint. In order to accelerate its development and strengthen its Canadian market presence following the acquisition of DEALERCITY CANADA, Dutch company DEALER Corp. has purchased the trademarks […] [Read More]

Mercedes-Benz Canada recently announced that Groupe Park Avenue automobile consortium acquired Mercedes-Benz de Quebec, the dealer group’s second Mercedes-Benz franchise purchase. Groupe Park Avenue acquired its Silver Star Montreal dealership just last year. The group purchased Mercedes-Benz de Quebec from Chatel Automobiles Ltee, which operated the dealership for almost six decades. Maurice Parent, owner of Chatel Automobiles […] [Read More]

During his first quarterly conference call as chief economist at Cox Automotive, Jonathan Smoke chuckled for a moment when an investment analyst from Goldman Sachs asked about the rate consumers are keeping the vehicles they had just spent anywhere from 24 to 36 months leasing. “Thanks for asking the most difficult thing to quantify in […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Len Short, founder and chief executive officer at LotLinx. The emailed Q&A is below:  Auto Remarketing: What advice would […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Amy Peck, director of managed marketing services at Dominion Dealer Solutions The emailed Q&A is below. Auto […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is Steve Lind, general manager at Autotrader. The emailed Q&A is below. Auto Remarketing: You make contact with the […] [Read More]

In the latest installment of the annual Power 300 issue of Auto Remarketing, we go behind the scenes with some of the leading companies in the used-car space and their top executives with a few Q&A features. Next up in this series is John Kett, chief executive officer and president of Insurance Auto Auctions. The emailed Q&A is below: Auto […] [Read More]

Although perhaps not as active as President Trump is on Twitter, two of the main federal regulators that oversee vehicle deliveries and auto financing have been far from quiet so far in 2017. But how the Federal Trade Commission and the Consumer Financial Protection Bureau went about its regulatory business during the first half of […] [Read More]

The auto auction industry will set a new sales record of more than 10 million vehicles this year, auction experts predict. That’s up from 9.8 million in 2016. Ira Silver, National Auto Auction Association chief economist, believes 10 million sales for the industry is on target. He attributes the growth to an increase in the […] [Read More]

Like many Canadian auto dealers, a hurdle that Mississauga Toyota has faced in the used-car market has been finding the right supply of pre-owned vehicles and at the right price to keep healthy margins. But another used-car dynamic shared by dealer principal Susan Gubasta poses as both a blessing and a challenge. That being the […] [Read More]