Tuesday, 31 December 2013

What Canadian drivers fear most

New CAA survey shows that drivers distracted by cellphone use is the biggest concern of Canadian motorists

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Friday, 20 December 2013

Dealertrack Inks Deal to Purchase Dealer.com

Late Thursday afternoon, Dealertrack Technologies announced it has reached a deal to acquire Dealer.com. The companies entered a definitive agreement, under which Dealertrack would purchase the entire equity of Dealer.com for about 8.7 million shares of Dealertrack common stock and $620 million cash.

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Saturday, 14 December 2013

Consumers Take to Their Tablets & Other Mobile Devices for Holiday Auto Shopping

Cars took their place among discounted electronics and holiday deals during the biggest shopping weekend of the year, but dealers may not have actually seen many of these shoppers show up on the lots.

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Friday, 6 December 2013

ALG Reveals Perceived Quality Rankings in Canada; Launches Updated Metric

Late Thursday evening, ALG honored the brands that ranked the highest for perception of value in Canada with Mercedes-Benz topping the list. But the annual awards have a different face this year.

Friday, 29 November 2013

Friday, 22 November 2013

Canadian Used-Car Prices Drop in October; Full-Size Pickups Lead Declines

Although prices are still up over 3 percent from 2012 levels, this past month auction prices experienced one of the only drops seen this year.

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Friday, 15 November 2013

Fleming: Leasing on the Rise with Women Buyers

Leasing rates are at an all-time post-recession high, approaching 30-percent penetration of all vehicles bought in 2013. This article speaks to what the industry and dealerships are doing to attract women toward leasing.

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Friday, 8 November 2013

As European Brand CPO Sales Rise in Canada, 1 Soars Above Full-Year 2012 Results

Certified pre-owned sales remained consistent with trends seen throughout this year as the European OEMs once again recorded increases across the board, and one OEM has already reached above 2012 full-year sales results.

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Friday, 1 November 2013

CarProof Releases Used Car Selling Guide

CarProof Vehicle History Reports revealed today a new resource to help used-car buyers and sellers.

Friday, 25 October 2013

Manufacturers Express Positive Reaction to Canada’s New Trade Agreement With European Union

As Prime Minister Stephen Harper announced the Canadian government had reached a free trade agreement with the European Union late last week, many of Canada’s OEMs and manufacturers were already reacting positively to the move.

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Friday, 18 October 2013

Canadian Used Prices Rise Slightly in September; Midsize SUVs Leading Retention

After falling by 0.5 percent in August, it seems used-car prices are headed up again in Canada, albeit at a much slower pace than seen earlier this year. 

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Friday, 11 October 2013

Canadian Used-Car Prices On The Way Up; 2014 May Bring Reprieve

Though the end of summer brought a respite from the spiking wholesale prices that dealers have suffered all year, it seems rates are on the upswing once again.  

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Friday, 4 October 2013

CarProof Reveals Partnership with Kia Canada to Provide Open Recall Data

CarProof Vehicle History Reports announced this week it has made a “first of its kind” data agreement for the company.

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Friday, 27 September 2013

Alternative Fuel Vehicles Perform Well in this Year’s Vincentric Best Value in Canada

The 2013 Vinventric Best Value in Canada awards were recently released, with three brands, in particular, topping the charts.

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Friday, 20 September 2013

Canadian Wholesale Prices Finally Drop After Months of Spikes

After rising almost every month this year, it seems wholesale prices have slowed their game, as fall is bringing lower rates at auction.

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Friday, 13 September 2013

European Brand CPO Sales Rise; Who Beat Best-Ever Record?

Certified pre-owned sales were strong in August for the European automakers, with one luxury brand, in particular, touting its best August ever for CPO sales.

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Friday, 6 September 2013

CNW: August Used Sales Rise 5 Percent

With the last day of August coming as part of Labor Day weekend, CNW Research tabulated that the used-vehicle sales figure for the month jumped 5.6 percent year-over-year.

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Friday, 30 August 2013

Toyota Canada Reveals Settlement of Economic Loss Litigation for Unintended Acceleration Lawsuits

Toyota Canada recently announced it has come to an agreement to settle economic loss litigation in Canada related to Toyota recalls in 2009 and 2010 regarding unintended acceleration.

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Friday, 23 August 2013

Canadian Wholesale Prices Continue Slow Upward Climb

As used supply remains hard to obtain for many Canadian dealers, it looks like this tight pre-owned environment pushed wholesale prices up slightly one again in July.

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Sunday, 18 August 2013

37 Percent of New-Car Intenders Opting Out of Market Choose to Buy Non-Auto Goods; How Many Buy Used Cars?

There will likely be at least a quarter million new-car intenders this year who decide at the 11th hour not to buy, according to estimates from CNW Research, which studied the reasons these shoppers choose this path.

Saturday, 10 August 2013

Top 25 Most-Researched Used Models in July

It might sound like a broken record, but four of the first five used models researched the most on Kelley Blue Book’s website last month came from either Honda or Toyota.

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Friday, 2 August 2013

10 Used Cars with Biggest Spikes in Online Traffic

There’s a bit of an odd coupling when you look at the types of vehicles that have generated the most traction among used-vehicle shoppers on KBB.com.

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Friday, 26 July 2013

June Canadian Wholesale Prices Rise; Used Supply Expected to Begin to Grow

Following analysts' predictions as used supply continued to tighten this spring and early summer, the updated ADESA Canada Used Vehicle Price Index powered by ALG showed a slight rise in June after being adjusted for seasonality.

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Friday, 19 July 2013

Friday, 12 July 2013

3 Reasons Not to Expect Significant Wholesale Price Softening in Second Half of Year

Along with discussing the latest Manheim Used Vehicle Value Index, economist Tom Webb highlighted why he doesn’t expect a significant drop-off in wholesale prices during the second half of the year.

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Friday, 5 July 2013

25 Used Cars Catching Consumers’ Eyes

In April, Ford dominated the list of most-researched used vehicles at KBB.com, claiming eight of the 25 spots. But in May, however, things were a little more balanced between the various brands making the list.

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Friday, 28 June 2013

CarInsurance.com Ranks 14 Best Cars for Teens

For dealers who have parents in their showroom looking for a used vehicle for that new young driver in the household that’s safe, reliable and cheap to run, CarInsurance.com created a list of 14 models that fit the mold.

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Friday, 21 June 2013

Used-Vehicle Value & Recovery Impact as Leasing Reportedly Soars More Than 200 Percent

Fitch Ratings explored the potential ramifications on used-vehicle values and the impact on recoveries as the auto leasing origination market soars, reportedly spiking by as much as 248 percent in May alone.

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Friday, 14 June 2013

Leasing Remains Strong; What Caused Gain in Used Transaction Prices?

Despite dipping a bit from April, leasing levels remained at a strong level last month and bested year-ago levels by nearly 10 percent, according to the “Industry Health Report: May 2013 Sales Performance” from J.D. Power and Associates’ Power Information Network.

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Friday, 7 June 2013

25 Used Cars Catching Consumers' Eyes

In April, Ford dominated the list of most-researched used vehicles at KBB.com, claiming eight of the 25 spots

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Friday, 31 May 2013

Ontario Dealers Express Concern Regarding Tax Burden for ‘The Big Move’

The latest report from Metrolinx regarding “The Big Move” — a long-term Ontario transit and transportation solutions plan — that poses various increases in transportation taxes has local dealers up in arms....

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Friday, 24 May 2013

Friday, 17 May 2013

Top 10 Best-Selling Used Models in Q1

Among the many Top 10 lists Edmunds.com included in its first quarterly Used Car Market Report, the website highlighted the leading used models purchased at franchised dealerships as well as the most-researched units at its website during Q1.

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Friday, 10 May 2013

18 Vehicles with Best Retention Values After 2 Years

Black Book highlighted two-year-old vehicles posting the top retention values. On this list of 18 models, Toyota secured the top three spots with the 2011 Tacoma Double Cab retaining 88.4 percent of its original value after two years on the road.

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Friday, 3 May 2013

VW Canada Notches Best-Ever April, Double-Digit Sales Increases for Audi & More

As Candian certified pre-owned sales numbers for April came rolling in, double-digit sales increases and best-ever months were shared across the drawing board, with one company notching its best April ever, and year-to-date sales increases in most every report Auto Remarketing Canada received.

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Friday, 26 April 2013

Friday, 19 April 2013

Sunday, 14 April 2013

Yorkdale to become an electric destination

Yorkdale shoppers can now charge their electric vehicles as well as their purchases with the launch of four electric vehicle charging stations at Yorkdale Shopping Centre.

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Sunday, 31 March 2013

Suzuki Canada to end auto sales after 2014 models

As reported in the Financial Post, Suzuki Canada is pulling out of the new car business in Canada...

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Friday, 22 March 2013

Sirius XM Looks to Used Market for Growth in Next Decade

Satellite radio launched a mere  decade ago. Now, there are 50 million satellite enabled vehicles on the road today, according to SiriusXM's chief financial officer David Frear.

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Friday, 15 March 2013

Charlotte-Area Dealership the Scene of Big Laughs in Viral Video

A North Carolina dealership was the scene of a Pepsi commercial that has been piling up millions of YouTube views and laughs, as viewers have tuned in to see the harried but hilarious reaction of a salesman sitting next to a disguised Jeff Gordon during a test-drive of a Chevrolet Camaro.

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Friday, 8 March 2013

Most Popular Used Cars in February

Late last week, Kelley Blue Book provided Auto Remarketing a list of the 25 most-researched used vehicles on KBB.com for February.

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Friday, 1 March 2013

PrintCostco's CPO Program Centers on Providing Value

The concept of your local Costco as a resource for car-buying in addition to being a market's goods-in-bulk outlet is not a new one. In fact, the Costco Auto Program has been around in one iteration or another for more than two decades.

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Friday, 22 February 2013

Report Predicts Bright Future for Canadian New-Car Dealers

Most any dealer will tell you, the new- and used-car industries are directly tied to eachother. And IBISWorld's new report on new-car dealers in Canada illustrates this very notion.

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Friday, 15 February 2013

Friday, 8 February 2013

Why Car Shoppers Leave Dealerships without Buying

Customer relationship management company CAR-Research XRM released this week its
findings from its study that covers the top reasons car buyers leave the dealership without buying.

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Friday, 25 January 2013

Ontario Government Investing In Hybrid Technology

The most populated province in Canada is investing in energy-efficient vehicles in an effort to "move forward on its plan to become  a world leader in clean energy and manufacturing."...

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Friday, 18 January 2013

Canadian Used Prices Rise as 2012 Comes to a Close

As 2012 wrapped up, wholesale values finished off at high rates for dealers, who saw increases spotted across the segments, most noticeable in the smaller car segments...

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Friday, 11 January 2013

2012 Marks Growth for Canadian CPO Market...

Wrapping up an impressive year for the growing certified pre-owned market in Canada, December CPO results marked records for numerous OEMs, as many ended 2012 with double-digit sales increases.

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Friday, 4 January 2013

DesRosiers Takes a Hindsight Look at 2012

In the days leading up to the new year, DesRosiers Automotive Consultants looked back at some of its predictions made in early 2012 to gauge which of their claims and expectations manifested in the market.