Joe Overby, Senior Editor

Automakers shared their certified pre-owned sales results with AuSM Canada for February, and below is a rundown of how auto brands are faring through two months of the year.  Starting with Audi, the automaker increased CPO sales by 29.4 percent year-over-year, moving 612 units in February. It has... Read More

CARPROOF to rebrand as Carfax Canada

AuSM Canada Staff

CARPROOF Corp. said Monday it will rebrand as Carfax Canada in October. Both CARPROOF and Carfax are owned by IHS Markit, and this move “further aligns” the two brands “to better serve its consumer and dealer customers by leveraging the globally known Carfax brand,” CARPROOF said in a news... Read More

Joe Overby, Senior Editor

A densely populated area. Traffic congestion. A tech boom in the area. One of the largest cities in North America. Factors like these made Toronto the ideal choice for Maven’s first market outside the U.S., says Mark Latchford, who is the general manager in Toronto for the General Motors personal mobility... Read More

Chris Hart-Williams, Staff Writer

CARPROOF’s newly released data-driven appraisal tool —  CARPROOF True Value — can provide more accurate values of used vehicles because it looks at vehicles' unique history, rather than just what it’s being listed for within a particular geographic area, according to company vice... Read More

Remarketing's Under 40 honorees for 2018

AuSM Canada Staff

From dealers to auction executives, from leading professionals at third-party providers and auto finance companies — and everywhere in between — the Canadian auto industry is full of young men and women who have achieved massive success at an early age. That’s why for the fourth consecutive year, Auto... Read More

AuSM Canada Staff

Sym-Tech Dealer Services announced Tuesday a nationwide partnership with Audi Finance and Volkswagen Finance to deliver both the Audi After Care and Volkswagen Protection Plus branded suite of F&I products and services. The deal will be effective Nov. 1.  Sym-Tech said that it has an experienced team of sales,... Read More

AuSM Canada Staff

LGM Financial Services has partnered with Carfinco Financial Group to step into the non-prime financing market, the companies announced Monday. LGM will expand the F&I services its offers auto dealers by supporting a non-prime lending solution through Carfinco. Carfinco specializes in... Read More

Axis to acquire Trend Financial

AuSM Canada Staff

Axis Auto Finance has signed a share purchase agreement to buy subprime finance company Trend Financial, the company announced late Tuesday afternoon. It’s a move that doubles the Axis portfolio — putting its net finance assets to roughly $110 million — and brings its “largest director... Read More

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