AuSM Staff

Cox Automotive Canada said Wednesday it has partnered with The Great Northern Auction and is launching Manheim Moncton to provide more remarketing service to the Atlantic Canada region. The weekly Manheim Moncton sales begin March 21 and will be facilitated by TGNA, which is located in Moncton, New Brunswick. The... Read More

Axis Auto Finance sets new revenue record

AuSM Canada Staff

On Wednesday, publicly-traded subprime automotive finance company Axis Auto Finance shared results from the second quarter of its 2018 fiscal year; a span that ended on Dec. 31 and included a new record. The company highlighted its Q2 revenue shot up to a record $2.2 million, up 34 percent from $1.6 million a year... Read More

Copart Canada opens new Calgary location

AuSM Canada Staff

Copart announced Monday the opening of a new Copart Canada facility in Calgary. In December, Copart Canada held a grand opening ribbon cutting ceremony for its new Calgary location in conjunction with its first client advisory board meeting with insurance partners.  "Our new state-of-the-art facility... Read More

Kijiji Canada names new national head of auto sales

AuSM Canada Staff

Kijiji Canada recently announced that it has appointed Darryl Hilton to serve as the national head of automotive sales. Hilton brings 20 years of experience from both the supplier and retail sides of the automotive industry, and he has also specialized in the management of pre-owned programs, the company... Read More

Canadian car market may have CPO momentum in store

Joe Overby, Senior Editor

If certified pre-owned vehicle sales in Canada appear strong, that may only be the tip of the iceberg. That is, if it follows the pattern of the CPO market in the U.S., which took some time to develop but certainly “caught on … in a big way” during the last decade. KAR Auction Services chief... Read More

Used-car retention values reach all-time high

Joe Overby, Senior Editor

The retention value of 4-year-old vehicles has reached an all-time high for the second year in a row, according to the 2018 edition of the Canadian Black Book Retained Value Awards released this week. Four-year-old vehicles are retaining 53 percent of their original MSRP, Canadian Black Book said, beating the record... Read More

AuSM Canada Staff

HGregoire introduced a new advertising campaign with two unique messages during Sunday’s Super Bowl LII on both CTV and RDS. Though both campaign messages feature HGregoire’s wide selection of vehicles, the first message focuses on nostalgia relating to professional sports, while the second... Read More

UCDA rolls out new website to boost sales in Ontario

AuSM Canada Staff

The Used Car Dealers Association of Ontario (UCDA) is orchestrating a new online effort to connect shoppers and dealerships within the province. The newest solution for Ontario vehicle shoppers — Ontariocars.ca — powered by UCDA members is designed to assure consumers that all vehicles listed for sale on the... Read More

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