Fairstone Bank of Canada and Eden Park, a network of near-prime auto financing companies, have concluded a transaction which was announced in April, bringing together two powerhouses in Canadian auto lending. “We are pleased to announce the close of our …
New research by DesRosiers Automotive Consultants (DAC), along with the Automotive Aftermarket Retailers of Ontario (AARO), has reported findings from an industry survey about the performance of the aftermarket in 2022. “While supply remained tight and parts prices increased, the …
Canadian auto dealer’s Senior Editor Todd Phillips talks with Yolanda Biswah, Senior VP, General Manager of Canadian Black Book about the content and details for her organization’s upcoming TalkAuto event in November 2022.
The new luxury tax on vehicles went into effect on Thursday amid much controversy. Dealer associations and auto industry leaders all over the country have questions and concerns, prompting Tim Reuss, the CEO of CADA to write a “strongly worded” …
Jérémie Bernardin has a lot going on right now, but he’s not ready to share all of it just yet. As the Business Development Manager at All EV by Steele, he’s busy right getting everything ready for the new All …
After spending almost 34 years in the retail car business, all of it with the same dealership, Wes Jones is easing into retirement, taking the knowledge he has touched the lives of countless employees and customers. Jones worked in various …
The wholesale market as a whole continues to decline at a higher-than-average rate. This week is down -0.32%, more than the 2017-2019 average, which was -0.23%, according to Canadian Black Book. The Canadian wholesale market for used cars improved a …
A dealership that opened in 2021 and had limited new inventory to sell because of the chip shortage has developed an interesting strategy to build up its used vehicle inventory and keep the business operating. Clarington Kia, located near Oshawa, …
Avoiding airport headaches and a return to less painful pump prices are the reason most Americans are choosing to hop in the car instead of on a plane this upcoming long weekend, according to a new Labour Day Travel Survey …
Though the general economic forecasts for the North American economy have predicted weakened activity, the auto sector continues to experience record-high profits, bucking the gloomy overall trends. Pent-up demand, coupled with low inventories have created a perfect storm for car …
A wonderful evening of connecting with colleagues followed by a sunny day of fun and semi-competitive golf happened on August 17 and 18 at the Lethbridge Auto Dealers Association Charity Classic Golf Tournament. The event raised over $43,000 for Lethbridge …
AITHR Automotive Intelligence, a used car startup from Calgary, announced a new business relationship with J.D. Power’s ChromeData. The company will use ChromeData Certified Inventory to seamlessly integrate their AITHRX subprime software to any client’s dealer management system (DMS), regardless …
