Porsche Financial Services Canada (PFSC) appointed David Williams as president and chief executive officer on Friday in a move the company sees as strengthening the local representation of Porsche’s captive financial organization in the Canadian market. Williams, a native of Toronto, joined PFSC in 2014 as the director of sales and operations. During his time […] [Read More]

Canadian wholesale vehicle prices in August were down an average of 0.3 percent from July, according to the report accompanying the latest ADESA Canada Used Vehicle Price Index. The report — powered by ALG — indicates that the ADESA index was up after seasonal adjustments. As far as individual segments, the most notable changes were […] [Read More]

Auction Broadcasting Co. has been actively involved in flood relief for its employees at ABC Baton Rouge. ABC Baton Rouge’s facility was not damaged by the flooding, but the company said 13 of the employees who reside in the Louisiana capital lost everything. “You just cannot imagine how devastating the damage is until you see it with your […] [Read More]

TradeRev announced it is hosting a three-day session in October to teach GoLang, one of Google’s newest coding languages. Canada, and in particular Toronto, is recognized around the world as a hub for start-ups; most of its tech companies are experiencing rapid growth. As an initiative to help foster a community of tech developers and […] [Read More]

Research recently released by TransUnion found that two in three lenders feel that data and analytics are evolving faster than their own internal capabilities. TransUnion surveyed 309 banks, credit unions and consumer finance companies to learn more about their use of data and analytics. The survey found that 61 percent of lenders feel that the […] [Read More]

SiriusXM and DriveTime Automotive Group, which operates 140 dealerships across the country and turns more than 145,000 vehicles annually, announced on Thursday that its customers will now receive a three-month subscription to the SiriusXM All Access package when purchasing any pre-owned vehicle with a factory-installed satellite radio. DriveTime vice president of market strategy Scott Worthington […] [Read More]

Just last week, I received phone calls from two separate dealers I’d purchased vehicles from over the past five years. Each of them offered to buy back my vehicle and sell me a new one. There was just one problem: I wasn’t ready to trade in my current vehicle. Actually, I wasn’t even considering it. […] [Read More]

With September’s arrival, the many signs that fall is fast approaching surround me. Leaves changing color. Kids returning to school. Days getting shorter. Winds becoming cooler. Another football season kicking off. Fall’s arrival also brings to a close the hot summer selling season for car dealers. As temperatures begin to drop, used-vehicle sales typically begin […] [Read More]

DealerPeople, a free web-based and mobile platform dedicated to providing solutions for recruiting, training and retaining the most qualified dealership employees, named its chief executive officer this week. Coming aboard as CEO is Jay Mortensen in a move the company called the next step for the platform started up earlier this year with a mission […] [Read More]

A partnership announced Wednesday between Cox Automotive and cloud platform Vinli will give dealers the ability to take used cars without connectivity and make them smart cars. Dealers can use this technology to monitor cars on their lots, sell used vehicles with aftermarket connected car capabilities and communicate with customers on retention programs. Cox Automotive […] [Read More]