CARPROOF, Canada’s used vehicle report provider, has been sold to U.S. CARFAX parent company, IHS, for $650-million. “Like CARFAX, CARPROOF is a high-growth business and gives IHS the opportunity to expand our vehicle history report services into Canada. By combining …
Automotive Properties Real Estate Investment Trust, owned by the Dilawri Group of Companies, has made moves to purchase a number of dealership properties. The REIT recently closed its first acquisition of Toyota Woodland, a 50,000 sq. ft. dealership in Montreal, …
Cars.com has come out with its list of nominees for the top vehicles for 2016, providing dealers with some valuable selling points. “Each year Cars.com experts test hundreds of new cars, and determine which are the overall best,” said Patrick …
Dealers who use the RouteOne Canada credit application management system now have more auto finance options. Rifco, which serves non-prime consumers, and Desjardins Group, one of the world’s largest cooperative financial groups, announced recently they have joined RouteOne Canada’s growing …
DMT Development Systems Group Inc. (DMT) is once again the largest corporate donor for the Children’s Wish Foundation chapter in Manitoba and Nunavut, said it’s director, Maria Toscano. The Winnipeg-based automotive industry software provider presented the Foundation with a cheque …
As dealers are wrapping up 2015, there’s one more thing they need to check off on their to-do lists: register for the fourth annual CADA Summit. “Registration is tracking along the lines of last year, which was a sell-out,” said …
Display advertising doesn’t have to cost much to be effective. That’s the premise behind Yahoo Gemini, the technology company’s native ads marketplace that enables advertisers to place ads across Yahoo’s content sites and mobile apps so that it streamlines with …
OpenRoad Auto Group announced it has recently opened up Jaguar Land Rover Langley, bringing the dealership group’s total store count to 16. The new 33, 271 sq.ft. state-of-the-art facility sells new and pre-owned vehicles, and it boasts advanced features and …
The Richmond Auto Mall raised $31,795 for the Richmond Christmas fund, which provides gift certificates and toys to nearly 2,000 needy family members. This is the highest amount raised in the event’s 12-year history, said Gail Terry, general manager for …
2015 TALKAUTO CANADA: PEERING INTO THE FUTURE OF THE CANADIAN AUTOMOTIVE RETAIL INDUSTRY IT WAS A PACKED HOUSE at the 2015 TalkAUTO Canada conference — so packed that organizers ran out of chairs. Nearly 400 attendees arrived at the Toronto …
THE 1980S WERE MARKED BY MANY CHANGES TO THE GLOBAL AUTOMOTIVE INDUSTRY Change was usually gradual in the auto industry, but a massive shift in the 1970s basically came down to a single day. When the U.S. government backed Israel …
WHAT TO LOOK FOR IN YOUR NEXT F&I MANAGER It’s expensive to hire employees. In fact, people can be your most expensive assets. Jared Hamilton, founder and CEO of DrivingSales, said at the company’s recent executive summit that employees cost …
