New Hyundai Canada Leader Takes the Reins
Thursday, May. 1, 2014, 01:21 PM
Auto Remarketing Canada Staff
Donald Romano takes the reins at Hyundai Auto Canada Corp. today as its new president and chief executive officer. The former chief operating officer is replacing Steve Kelleher in the leadership position, who elected to retire at the end of ... [Read More]
AutoCanada In Process of Adding 8 Dealerships to Lineup
Tuesday, Apr. 29, 2014, 06:49 PM
Auto Remarketing Canada Staff
AutoCanada gave an update today on what’s in its acquisition pipeline, revealing a series of purchases that have the potential to make the company over $400 million in extra annual revenue. The company announced today that it has signed a ... [Read More]
4 Reasons This Is the Time to Be In the Buy-Here, Pay-Here Business
Thursday, Apr. 24, 2014, 01:33 PM
Mark Dubois , Dealer Performance and Consulting
Buy-here, pay-here and lease-here, pay-here financing has seen significant growth in popularity in Canada during the past few years. In the United States, there are approximately 28,000 dealers providing this form of financing to customers. These dealers understand that BHPH ... [Read More]
Canadian Dealerships See Record 2013 Sales
Wednesday, Apr. 23, 2014, 05:31 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Canadian dealers are on a roll as new-vehicle sales continued to rise in the first quarter of 2014. New light-vehicle sales climbed 0.9 percent during the quarter, as dealers moved forward from 2013's record-breaking numbers, according to DesRosiers Automotive Consultants ... [Read More]
Pricing: HGreg.com Versus CarMax
Wednesday, Apr. 23, 2014, 05:18 PM
Auto Remarketing Canada Staff
A big name in the used-vehicle business in the U.S. and Canada — HGreg.com — has found a new way to relate to one of its biggest competitors. The website is now offering buyers a “Compare with CarMax” button, providing ... [Read More]
Go Auto Takes Spring Promotions a Step Further
Tuesday, Apr. 22, 2014, 03:55 PM
Auto Remarketing Canada Staff
Promotional sales. Almost every dealership has them. Their purpose? To spark more deals and bring more customers onto the lots, of course. But Edmonton-based Go Auto is changing the game a bit. The dealer group has launched a sizeable auto ... [Read More]
Expanded Access to Information Changes Car Shoppers’ Expectations
Thursday, Apr. 17, 2014, 02:12 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As the ways to absorb content continues to expand — social media, mobile offerings, new review sites and more — new ways to access information will continue to influence the average consumers’ car buying expectations. In fact, Shawn Vording, director ... [Read More]
Mazda Canada Picks Xtime for Service Retention
Thursday, Apr. 17, 2014, 01:29 PM
Auto Remarketing Canada Staff
In this tight supply environment, the service department becomes an invaluable tool for securing trade-ins to feed dealership’s used and CPO departments. Now, Mazda Canada dealers have a new tool to ensure customer satisfaction and loyalty through the service department. ... [Read More]
Wholesale Prices Even Out in March
Wednesday, Apr. 16, 2014, 05:54 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
After rising 0.4 percent in February, wholesale prices remained flat in March, slowing the consistent auction price spikes seen in 2013. The ADESA Canada Used Vehicle Price Index, powered by ALG, was flat after being adjusted for seasonality, and wholesale ... [Read More]
New Hand-Held Tablet Device for Sales
Wednesday, Apr. 16, 2014, 05:41 PM
Auto Remarketing Canada Staff
SIM-SST — Sales in Motion-Showroom Selling Tools — announced it has released a new hand-held tablet device which the company says “will be a boon for car dealerships.” Customers are increasingly informed when visiting a dealership to search for a ... [Read More]