A new oil technology could have a big impact on oil changes at dealerships in the near future. Lubricants manufacturer Castrol has launched Nexcel, a new oil cell that is said to improve engine performance, servicing and sustainability. Castrol said …
Strong monthly luxury utility sales and high yearly vehicle sales have spurred transaction prices in the U.S., reported Kelley Blue Book. The estimated average transaction price in the U.S. was around $33,730 in September 2015 —up $660 from that same …
Auction provider Manheim is planning on growing its operations in Western Canada, said parent company Cox Automotive Canada. To help promote that, Manheim Vancouver hosted an inaugural dealer sale on October 6 at 10:00 a.m. It was held at Unit …
Industrial Alliance Insurance and Financial Services Inc. (iA Financial Group) announced it has acquired CTL Corp., the largest privately‐owned consumer vehicle finance company in Canada. The transaction was completed on October 2, 2015. “This strategic acquisition expands the breadth of …
Service departments have many options for vehicle lifts, but it can be tough choosing the right one to suit their operations. Rotary Lift has come out with a free Lift Application Guide that categorizes lift styles according to vehicle sizes …
Mercedes-Benz Thornhill marked its grand re-opening with a lavish celebration in Thornhill, Ont. on September 28, 2015. The new Mercedes-Benz sales and service facility is bigger and better than ever before. The modern and hip dealership includes one massive showroom …
AutoCanada Inc. is continuing on its buying spree in western Canada. The large auto retail group, which currently operates 50 franchised dealerships, has agreed to purchase the Grove Dodge Chrysler Jeep Ram. The Spruce Grove, Alta.-based dealership is owned and …
Experian has come out with new data on customers that it says will help dealers sell inventory. “Nowadays finding the right automotive customer can be a challenging task. Where do they live? How old are they? How much do they …
Toyota and Scion dealers will soon have another way to bring customers into their dealerships and help retain them. Toyota Canada and the Aeroplan loyalty program have announced a new national multi-year partnership that will enable members to earn Aeroplan …
A new partnership between Sym-Tech Dealer Services and AmTrust Financial Services Inc. will provide Canadian dealers with more comprehensive F&I solutions. Combined, Sym-Tech and AMT Warranty, a subsidiary of AmTrust Financial Services, said they will be able to provide dealers …
Grand Touring Automobiles celebrated its new downtown Toronto location with a groundbreaking ceremony, and invited OEM executives, industry members and Canadian auto dealer to witness. The luxury auto retailer, which carries Aston Martin, Jaguar, Land Rover, Bentley, Bugatti, Lamborghini and …
Martin Winterkorn has resigned as Volkswagen CEO following the scandal surrounding the emissions of its diesel-powered vehicles. “Volkswagen needs a fresh start – also in terms of personnel. I am clearing the way for this fresh start with my resignation,” …
