The number of Canadian dealers utilizing a multi-platform retailing strategy — selling cars on their lots and online — continues to grow every year. In fact, now it is rare to find a dealer that isn’t posting inventory on the Web. In light of this trend, IBIS World just released its “Online Car Dealers in […] [Read More]

As PROFIT magazine unveiled its 25th annual list of Canada’s fastest-growing companies, a familiar name in the country’s auto industry made the ranking this time around. Identified in the list is North Toronto Auction. The PROFIT 500 — which ranks Canadian businesses by their revenue growth over five years — is published in the summer […] [Read More]

What vehicles does warmer weather bring to mind? For families, the perfect road trip SUV might be on the wish list, while others might be looking for that perfect sports car to put the top down and head to the beach. Demand for these units might be ramping up if the latest installment of vehicle […] [Read More]

Spring has seen wholesale prices drop across the board, but one segment that has managed to retain its value throughout the season is now expected to experience positive growth. Though NADA Used Car Guide expects overall auction prices to fall by .2 percent (or $25) this week, relative to the two-week average, the large pickup […] [Read More]

vAuto and VinSolutions announced this morning the integration of their used-vehicle appraisal and pricing features for dealer customers who use both systems. [Read More]

More than 10,000 dealers are now utilizing the SiriusXM Pre-Owned Vehicle Program, and given this momentum, SiriusXM has opened up pre-enrollment for dealers in another program, the company announced Wednesday. Dealers can now pre-enroll for the company’s Service Lane Program, which launches this summer. This program offers two months of free SiriusXM subscription for qualifying […] [Read More]

ADESA Analytical Services found the same year-over-year wholesale price declines for both April and May. The company’s monthly analysis of used values by vehicle model class showed  wholesale prices in May averaged $9,811 — down 2.8 percent compared to April and 4.5 percent relative to May. ADESA pointed out the 4.5 percent year-over-year decline matched […] [Read More]

In today’s digital automotive landscape where so many advertising avenues are available, it’s important for dealers to be able pinpoint the most effective mediums and channels for their advertising dollars. This was one of the topics VinSolutions vice president and general manager Brian Skutta honed in on when talking with Auto Remarketing shortly after his […] [Read More]

New information from Cars.com might be able to help dealers place budget-conscious new-car buyers in vehicles that will satisfy the desire for features, without breaking the bank. The site this week released its editors’ top 10 picks for vehicles that even at base model level still have a lot to offer drivers. “Just because you […] [Read More]

With over 600 attendees at this year’s Auto Remarketing Canada conference, organizers wasted no time in securing next year’s event. Auto Remarketing Canada 2014 is scheduled for Monday, March 31 and Tuesday, April 1, at an all new location! Next year’s event will be held at The Westin Harbour Castle, which touts stellar views of […] [Read More]