Kia Canada Proposes $23M Settlement For Restatement of Fuel Consumption Rating Litigation
Friday, Jan. 31, 2014, 08:17 PM
Auto Remarketing Canada Staff
Kia Canada Inc. announced it has resolved litigation involving a restatement of fuel consumption ratings from November 2012. The company has reached an agreement with current and former owners and lessees of vehicles affected by the restatement, which included 41,000 ... [Read More]
Canadian Used-Car Prices to Start Falling in 2015
Friday, Jan. 31, 2014, 08:13 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
After rising during most of last year, used-car prices continued their upward trek during the last month of 2013, climbing by 2.5 percent on a monthly basis. And though used-vehicle prices rose by 4.3 percent in December on a year-over-year ... [Read More]
Google Changes Push Website Quality to Marketing Forefront
Wednesday, Jan. 22, 2014, 05:28 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
With every new year comes new developments in advertising opportunities for dealerships. Dealers have been following this evolution for years. First, it was the Web; then came mobile. And in 2014, there is even more to consider, including the vast ... [Read More]
Hyundai Canada Reveals ‘Number One’ Dealer
Sunday, Jan. 19, 2014, 05:00 AM
Sarah Rubenoff
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 ... [Read More]
New DrivingSales University, NCDA Partnership Provides Discounts to Dealer Members
Thursday, Jan. 16, 2014, 08:14 PM
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 ... [Read More]
Ford F-150 Most-Appraised Vehicle in 2013
Thursday, Jan. 16, 2014, 08:11 PM
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. ... [Read More]
Canadian Wholesale Prices End 2013 on the Rise
Thursday, Jan. 16, 2014, 08:09 PM
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 ... [Read More]
Tracking Devices Aid in Bust of International Car-Theft Crime Ring
Friday, Jan. 10, 2014, 04:58 PM
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 ... [Read More]
Canada Hits Record for New-Car Sales in 2013
Thursday, Jan. 9, 2014, 05:23 PM
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 ... [Read More]
Hyundai Auto Canada Chooses Former Mazda Canada President as First COO
Thursday, Jan. 9, 2014, 05:21 PM
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 ... [Read More]