Canadian Used-Car Prices Slide Down

Sarah Rubenoff, AuSM Canada Editor

Prices for used cars were on the way down as 2014 got underway — a trend rarely seen in Canada since the 2008 economic downturn that caused leasing to fall off, leading to extremely tight pre-owned supply This past January, prices for 2- to 5-year-old vehicles fell by 2.1 percent from December, according to RVI... Read More

Sarah Rubenoff, AuSM Canada Editor

This week, the Canadian automotive industry had time to respond to the Canadian Government’s introduction of an improved test methodology for establishing fuel-consumption values, which will be used for new 2015 model-year vehicles — and the verdict is positive. The Canadian Vehicle... Read More

AuSM Canada Staff

This week, AutoCanada Inc. announced its 12th consecutive quarterly dividend increase, due in part to the company’s “continued confidence in the market.” The board of directors declared a quarterly eligible dividend of $0.22 per common share. This represents a 4.8 percent increase from the previous... Read More

Sarah Rubenoff, AuSM Canada Editor

During the Canadian International Auto Show in Toronto, the Automobile Journalists Association of Canada announced their picks for the 2014 AJAC Canadian Car of the Year Awards. AJAC declared the 2014 Mazda6 the 2014 Canadian Car of the Year. Interestingly, this is the second time that Mazda Canada has earned the... Read More

Sarah Rubenoff, AuSM Canada Editor

The new year is starting out much the same as 2013, with the Ford F-150 being particularly popular in the Canadian market. After coming in as the most appraised vehicle in Canada for full-year 2013, it nabbed the same title this past January. According to the February TradeTracker Used Vehicle Market Report, the F-150... Read More

Sarah Rubenoff, AuSM Canada Editor

ALG announced this week at the Canadian International Auto Show the winners of its sixth annual Canadian Residual Value Awards. Toyota vehicles led the pack with the most segment awards, but Honda and Acura once again earned top awards for best Mainstream Brand and Premium Brand for retention, respectively. This is... Read More

AuSM Canada Staff

AutoCanada Inc. announced it has been awarded the right to a Volkswagen open-point dealership in Sherwood Park, Alberta, and the company has big plans for the spot. AutoCanada aims to build an approximately 45,000 square-foot-facility, which will be designed to Volkswagen Canada image standards. Construction is set... Read More

Sarah Rubenoff, AuSM Canada Editor

CanadianBlackBook.com today released the results of its annual “Best Retained Value” winners across 19 vehicle categories. Once again, Toyota continued its streak of awards, taking first in the small pickup (Toyota Tacoma) and full-size pickup (Toyota Tundra) segments for the fifth straight year; and for the... Read More