Prices in the Canadian wholesale vehicle market continued to slide last week, dropping by 0.27%, according to Canadian Black Book. Once again, the trucks (down 0.48%) saw prices drop more than cars (0.05%), the CBB data shows. That’s compared to ... [Read More]

To ramp up to meet growth in the Canadian market, fintech company Broadridge Financial Solutions named a new president of Broadridge Canada. Karin Yorfido is filling the new role, after working as general manager of GTO Canada since 2021. She ... [Read More]

Holand Real Estate Group, part of the Holand Automotive Group — one of Canada’s leading luxury automotive retailers — acquired a prominent property in the town of Mount Royal, Montreal. The Holand Real Estate Group owns the Wawanesa Insurance building ... [Read More]

Similar to the week before, wholesale vehicle prices last week declined on average by 0.28%. That’s according to Canadian Black Book, which tracks wholesale market changes week by week. Truck and SUV segments saw a more significant dip of 0.44%, ... [Read More]

OPENLANE subsidiary AFC has hired longtime automaker executive Robert Staffieri as its new regional director of Canada, where he will be responsible for overseeing the company’s field operations in the country. This includes sales, business development and customer success. “Robert ... [Read More]

Vehicle inspection platform PAVE is focusing on artificial intelligence and the role it plays in the company’s success. With that in mind, PAVE has hired four new machine learning experts to boost its AI team. These new recruits were all ... [Read More]

OpenRoad Auto Group has launched a philanthropic non-profit organization, OpenRoad Foundation, which has been a long-time dream of CEO Christian Chia, who is also the OpenRoad Foundation’s founding board of director. The foundation is designed to support the development of ... [Read More]

Canadian Black Book released its Used Vehicle Retention Index for June, which decreased 0.2% from May and declined 1.76% year-over-year to sit at 158.5 points. “The Canadian wholesale market continues to be relatively stable this year without the wild swings ... [Read More]

In this edition of the Auto Remarketing Podcast, we conclude our series of episodes from the Canada’s Used Car Week Podcast Stage with a conversation between Cherokee Media Group senior editor Joe Overby and Redline Auto Sales general manager Sergey ... [Read More]

Dilawri Group opened the doors to its new, rebranded Volvo Canada store in Richmond, British Columbia. Volvo Cars Richmond, formerly known as Volvo of Vancouver, is located at 338-10700 Cambie Road. But the dealer group said this is more than ... [Read More]