Sarah Rubenoff, AuSM Canada Editor

Canadian certifed pre-owned results began rolling in as the selling month came to an end this past weekend. Once again, the European automakers are showing impressive results, with Audi Canada seeing a 19-percent increase from November 2012. Elankum Vairavanathan, manager, incentives planning and certified pre-owned... Read More

Sarah Rubenoff, AuSM Canada Editor

The results of Scotiabank’s Global Auto Report that were released today show auto industry profit margins have spiked to 10-year highs, reaching above pre-recession levels, with the highest profitability showing up in North America. The report indicates that the five largest manufacturers are achieving net income... Read More

Sarah Rubenoff, AuSM Canada Editor

The ADESA Canada Used Vehicle Price Index powered by ALG Canada has been updated through October, and it shows wholesale prices have recently seen one of the biggest drops this year. With all segments experiencing negative price movement, the index shows that wholesale prices fell on average by 0.5 percent... Read More

Canadian Used Supply Forecasted to Rise Slightly

Sarah Rubenoff, AuSM Canada Editor

Though slight, the report stated used market supply is forecasted to rise slightly. And new-vehicle sales in October were the highest on record, according to ALG, the fourth consecutive month of record sales. This, of course, is also good news for pre-owned dealers, as these new-car customers may come back with... Read More

Sarah Rubenoff, AuSM Canada Editor

Although prices are still up over 3 percent from 2012 levels, this past month auction prices experienced one of the only drops seen this year. Used-car prices in Canada fell slightly in October, going down 1.8 percent when compared to September, according to the lasted RVI Market Update for Canada. But despite the... Read More

AuSM Staff

Manheim Canada announced this week it has chosen a new director of commercial accounts. Joining the company’s leadership team is Steve Coulman, effective this coming Monday. Commenting on the hire, Russ Stegall, executive director of Manheim customer management, said,  “We’re very pleased to... Read More

LeasePlan Canada to Open in January 2014

AuSM Canada Staff

Thanks to a new licensing agreement, fleet management firm LeasePlan Corporation N.V., announced that it will expand its North American service offering to include Canada in January 2014.  LeasePlan and Canadian fleet management company Foss National Leasing Ltd. have entered into a licensing agreement whereby FNL... Read More

Sarah Rubenoff, AuSM Canada Editor

In an effort to connect with clients, CarProof Vehicle History Reports held its first Client Advisory Board meeting earlier this month. Held in Blue Mountain, Ontario, the company invited 40 of its top dealer, auction and corporate customers to attend the meeting. “Our loyal partners provided us with valuable... Read More

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