AuSM Canada Staff

AutoCanada — with deep roots in eight provinces — is continuing to bolster its ties with the United States after having acquired dealerships in Chicago as well as other two other markets in Illinois this spring. According to a news release distributed this week, AutoCanada announced several changes to... Read More

PODCAST: Canada Drives CEO Cody Green

AuSM Canada Staff

Canada Drives chief executive officer Cody Green joined Nick Zulovich for this episode of the AuSM Podcast. Green shared how the company has grown in Canada and how that experience will help the operation as it expands into the United States and the United Kingdom. The full discussion can be... Read More

US company acquires CUL Administration of Canada

AuSM Canada Staff

Auto Financial Group (AFG) — a Houston-based company that provides an online, residual-based, walk-away vehicle financing product called AFG Balloon Lending, as well as vehicle leasing and vehicle remarketing to financial institutions across the United States — now has a significant presence in... Read More

AuSM Canada Staff

Canada Drives is enjoying year-over-year growth of 20 percent for its online auto financing application solution. The company recently highlighted more than 502,000 Canadians applied for an auto loan during the past 12 months. That figure marked a rise from the approximately 417,000 Canadians who applied for auto... Read More

AuSM Canada Staff

TRADER's strategic investment in Vancouver-based Convertus earlier this year has allowed the company to begin working on a new TAdvantage digital solution for Canadian dealers that will launch nationwide in February. The company announced Wednesday that as part of its comprehensive digital solutions strategy,... Read More

AuSM Canada Staff

Event organizers called, and Barenaked Ladies answered. It was announced this week that these 2018 Canadian Hall of Fame inductees and rockers extraordinaire will be performing at the “Canada Night NAD’eh” event at NADA Show 2019 in January. “We are so excited to have Barenaked Ladies... Read More

VW's sales record & industry-wide CPO updates

Joe Overby, Senior Editor

In looking at Canadian certified pre-owned sales reports provided to AuSM Canada, the highlight of July was perhaps Volkswagen, which posted its best month for CPO sales in history. VW moved 2,137 certified vehicles in July, compared to 1,683 units a year ago. Year-to-date, its numbers are up more... Read More

AuSM Canada Staff

Mercedes-Benz Canada announced Wednesday that Mercedes-Benz USA’s Andrew Noye will come aboard as the company’s new vice president of sales, effective Oct. 1. In addition to overseeing corporate sales and remarketing, Noye will also head the company's new car and pre-owned divisions and report to... Read More

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