Auto insurance leaders express support for Trudeau’s upcoming National Summit to Combat Auto Theft
Tuesday, Jan. 30, 2024, 10:28 AM
Sarah Rubenoff, Correspondent
Prime Minister Justin Trudeau’s government is making moves to combat rising vehicle theft levels, and the industry tracking the alarming data is expressing its support. The upcoming National Summit Combatting Auto Theft, to be held in Ottawa on Feb. 8, ... [Read More]
Canadian wholesale car prices depreciate more than trucks, SUVs for first time in weeks
Thursday, Jan. 25, 2024, 09:13 AM
Auto Remarketing Canada Staff
The Canadian wholesale, vehicle market depreciated by about a half a percent last week, according to the latest report from Canadian Black Book. Overall wholesale prices fell by 0.52% last week. Cars saw a more significant decline, dropping by 0.70%, ... [Read More]
National Summit in Ottawa designed to ensure coordinated response to combating auto theft
Tuesday, Jan. 23, 2024, 09:49 AM
Auto Remarketing Canada Staff
Auto Remarketing Canada followed alarming vehicle theft trends in Canada throughout 2023, and the headlines are still coming, as the provincial and federal governments make moves to combat rising crime rates. On Monday, the Government of Canada announced the launch ... [Read More]
Signal Technologies picks entrepreneur, start-up expert as chief commercial officer
Tuesday, Jan. 23, 2024, 09:42 AM
Auto Remarketing Canada Staff
Signal Technologies, leader in the Canada-to-U.S. used-vehicle import market, has picked an industry entrepreneur as its new chief commercial officer. Chosen for the position is Tyler Hall, who most recently founded and led Drivably as CEO. Drivably was designed to ... [Read More]
AutoTrader Awards highlight vehicles Canadians can feel confident about
Tuesday, Jan. 23, 2024, 09:27 AM
Auto Remarketing Canada Staff
The new AutoTrader Awards results are out, highlighting the best vehicles in Canada, according to some of the country’s top auto experts. The awards are based on 2023 Ipsos research. AutoTrader said the categories this season reflect how Canadians shop ... [Read More]
Wholesale vehicle prices fairly steady last week in Canada
Thursday, Jan. 18, 2024, 09:53 AM
Auto Remarketing Canada Staff
After falling by an average of over 1% the week prior, wholesale vehicle price depreciation was steady the week ending Jan. 13, according to the latest report from Canadian Black Book. The report said prices last week fell 0.51%. In ... [Read More]
TD Bank Group wins 2 innovation awards, stemming from TD Invent incubator
Tuesday, Jan. 16, 2024, 12:32 PM
Auto Remarketing Editor Joe Overby
TD Bank Group, which includes TD Auto Finance, is the recipient of two innovation awards for the third year in a row. The bank group has been recognized by the Business Intelligence Group (BIG) through the 2024 BIG Innovation Awards. ... [Read More]
GM Canada names new president & managing director
Tuesday, Jan. 16, 2024, 12:14 PM
Auto Remarketing Canada Staff
GM Canada has a new leader with the appointment of Kristian Aquilina as its new president and managing director. Aquilina was promoted from his previous role as vice president of vehicle sales, service and marketing at GM Canada. Aquilina reports ... [Read More]
Wholesale vehicle prices continue weekly depreciation of over 1%
Friday, Jan. 12, 2024, 02:26 PM
Auto Remarketing Canada Staff
Wholesale vehicle prices fell by over 1% last week, according to the latest weekly report from Canadian Black Book. Specifically, the overall decline in prices was 1.06%, with the car segments showing slightly weaker depreciation, falling by 0.67%, while trucks ... [Read More]
Hyundai Canada, partners raise over $15K for homeless in York region
Thursday, Jan. 11, 2024, 10:56 AM
Auto Remarketing Canada Staff
Hyundai Canada, CDK Global, Hyundai Capital Canada and PBS Systems joined forces to fight homelessness in Canada as 2023 wrapped up. The four companies raised over $15,000 through the annual Hockey Helps the Homeless tournament. This money will go to ... [Read More]