Hyundai Auto Canada Leader to Retire
Tuesday, Apr. 15, 2014, 02:57 PM
Auto Remarketing Canada Staff
Hyundai Auto Canada Corp. announced late Monday that after 28 years with the company its president and chief executive officer Steve Kelleher will retire on April 30. Kelleher has been serving in this capacity since 2002. Replacing Kelleher on May ... [Read More]
IARA Canada Announces Industry Award Winners
Thursday, Apr. 10, 2014, 01:47 PM
Auto Remarketing Canada Staff
Awarded during a ceremony at the recent 2014 Auto Remarketing Canada conference, the International Automotive Remarketers’ Alliance (IARA) in Canada announced this morning the recipients of the Annual Remarketer of the Year and two Industry Icon Awards. This year’s Remarketer ... [Read More]
Dealertrack Canada Reveals New Online Finance Portal for Hyundai Dealers
Wednesday, Apr. 9, 2014, 05:00 PM
Auto Remarketing Staff
In an effort to “streamline” the sales and finance data between Hyundai dealers and Hyundai Auto Canada Corp., Dealertrack Canada revealed Wednesday the launch of an advanced finance portal to all 210 Hyundai dealers in Canada. The new Hyundai-branded portal, ... [Read More]
Global Toyota Recall Impacts Over 500K Vehicles in Canada
Wednesday, Apr. 9, 2014, 03:05 PM
Auto Remarketing Canada Staff
Toyota is recalling more than 6 million vehicles worldwide in five actions covering nearly 30 different models. Of those actions, two impact Canada. Of the more than 6 million units involved in the recalls announced this morning by Toyota, over ... [Read More]
AutoCanada Awarded Credit Facility Increase as Expansion Continues
Wednesday, Apr. 9, 2014, 02:18 PM
Auto Remarketing Canada Staff
AutoCanada announced this week it has increased its existing syndicated credit agreement by $60 million, bringing total availability to $190 million. The facility now includes HSBC Bank Canada, Alberta Treasury Branches, and Royal Bank of Canada with HSBC acting as ... [Read More]
Ford F-150, Toyota Corolla Vie For Most Appraised Vehicle
Tuesday, Apr. 8, 2014, 01:43 PM
Auto Remarketing Canada Staff
In the March TradeTracker Used Vehicle Market Report, the Ford F-150 once again topped the list as the most appraised vehicle in Canada. The truck has come out on top every month this year so far, and of course, holds ... [Read More]
March CPO Sales See Double-Digit Spikes
Wednesday, Apr. 2, 2014, 07:59 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Though many automakers and dealers are still struggling to supply their certified pre-owned programs as quality pre-owned vehicles remain hard to find in this tight supply environment, a few European automakers have seen certified sales soar since 2014 got underway. ... [Read More]
Canadian Class Action Launched Against GM
Wednesday, Apr. 2, 2014, 02:46 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
General Motors is under fire from both Canada and the U.S. as investigation into its recalls involving ignition switch defects — which includes more than two million GM vehicles worldwide — continues. Specifically, the defect affects 235,855 vehicles in Canada, ... [Read More]
AutoCanada Adds 4th Winnipeg Dealership to Lineup
Wednesday, Apr. 2, 2014, 02:14 PM
Auto Remarketing Canada Staff
General Motors of Canada has given AutoCanada Inc. the green light on a new dealership investement, marking the company’s fourth dealership in Winnipeg. AutoCanada Inc. is expanding their dealership count with the acquisition of a Cadillac Buick GMC dealership, which ... [Read More]
Driving Business with Referrals
Monday, Mar. 31, 2014, 01:45 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
When a shopper walks on to the lot, you and your sales team start working for that potential buyer. But is that buyer working for you once he or she leaves with a new ride? James Hayes, co-founder of mobile ... [Read More]