Category: News

J.D. Power sold to XIO Group

April 20, 2016

XIO Group, a Chinese-based global investments firm, has agreed to acquire car research and ratings company J.D. Power and Associates, for $1.1-billion in cash. The transaction is expected to close in the third quarter of 2016, pending regulatory approvals and …

Used car leaders honoured

April 6, 2016

Canadian used car industry members were recognized during a special luncheon at the 2016 Auto Remarketing Canada Conference on April 5 at the Westin Harbour Castle in Toronto, Ont. The CPO Dealer of the Year, presented by NCM Associates, went …