CBB data shows Canadian wholesale prices continuing slow slide down
Thursday, Oct. 5, 2023, 09:25 AM
Auto Remarketing Canada Staff
The Canadian wholesale auto market saw prices continue to drop slowly but surely last week. Overall, prices declined by 0.30%, according to the latest report from Canadian Black Book. Trucks and cars were pretty balanced in terms of price movement, ... [Read More]
Jonas Brothers’ hosting vehicles on Turo to promote Canadian concerts
Thursday, Oct. 5, 2023, 08:58 AM
Auto Remarketing Canada Staff
The Jonas Brothers’ are celebrating their new album by giving Canadians the chance to get the keys to their new car handed directly from one of the brothers. As the North American leg of their world tour kicks off, Kevin, ... [Read More]
GPS fleet tracking could work to combat growing vehicle theft in Canada
Tuesday, Oct. 3, 2023, 10:39 AM
Sarah Rubenoff, Correspondent
Conrad Galambos, president of Solutions into Motion LTD, says vehicle theft should be everyone’s concern.
And there is new technology out there to address it. It’s just not being used, says Galambos.
Especially as organized crime is wreaking havoc on ... [Read More]
Ford Canada, Unifor new agreement expected to expedite parts delivery service to dealers
Thursday, Sep. 28, 2023, 10:39 AM
Sarah Rubenoff, Correspondent
Ford Canada and Canadian auto worker union Unifor reached a new national labor agreement this past weekend, avoiding potential strikes by auto workers across the automaker’s plants. Ford Canada leaders expressed the contract will ultimately improve parts delivery service to ... [Read More]
Mercedes-Benz Canada partnering with Big Brothers Big Sisters to tackle mentorship waitlist & more
Thursday, Sep. 28, 2023, 10:36 AM
Auto Remarketing Canada Staff
Mercedes-Benz Canada has another new development to come out of its corporate citizenship initiative Driving Your Future. This includes a long-term partnership with Big Brothers Big Sisters of Canada (BBBSC). The automaker will be working closely with the global organization ... [Read More]
Auto thefts impacting insurance industry; consumers play role in vehicle safety
Monday, Sep. 25, 2023, 02:59 PM
Sarah Rubenoff, Correspondent
With the significant spikes in vehicle theft threats across Canada, many of the auto industry’s sectors stand to be impacted.
Elliot Silverstein, director of government relations at CAA Insurance, spoke with Auto Remarketing Canada on the rise of vehicle theft and how it is impacting the insurance and finance sector, in particular.
Silverstein has been watching the vehicle theft trends increase over the last year-and-a-half. He says this challenge ties into ... [Read More]
Transport Canada working to ensure federal standards reflect safety issues related to theft convenience
Monday, Sep. 25, 2023, 11:24 AM
Sarah Rubenoff, Correspondent
Vehicle theft rates in Canada have grown considerably since 2020 and the start of COVID-19, as vehicle supply — both new and used — contracted.
Transport Canada is abreast of this challenge, and working to ensure its regulations for vehicle anti-theft devices and more are up to the task.
In early September, the Equite Association, an investigator for the insurance bureau, called on Transport Canada to ... [Read More]
New, familiar faces as AutoCanada further builds out executive team
Monday, Sep. 25, 2023, 11:17 AM
Auto Remarketing Canada Staff
AutoCanada started the week by revealing a set of promotions and additions to enhance its executive team. First up, Jeff Thorpe, former AutoCanada president, Canadian operations, is now responsible for all operations in North America as president, North American operations. ... [Read More]
Kijiji study shows consumers worried about fair numbers on prices & trade-ins
Friday, Sep. 22, 2023, 11:54 AM
Sarah Rubenoff, Correspondent
What does the auto buying journey look like in 2023? To answer that question, Kijiji released its Buyer Pulse Survey for 2023 to paint an accurate picture of this consumer “journey”.
A vehicle is likely the second most expensive item a consumer will buy and own in his or her lifetime. In line with that fact, the top paint point for consumers that showed up in the survey was ... [Read More]
BMO provides statement on closing of indirect auto financing through dealers
Thursday, Sep. 21, 2023, 11:57 AM
Sarah Rubenoff, Correspondent
Earlier this week, it hit the presses that Canada-based BMO Financial Group will no longer provide auto financing indirectly through dealerships. Jeff Roman, director, enterprise media relations at BMO Financial Group, confirmed the news for Auto Remarketing Canada early Tuesday ... [Read More]