DETROIT — In a sign that the woes afflicting Detroit and Wall Street are starting to feed on one another, Chrysler LLC said Friday it will no longer offer auto leases through its lending arm, a move that could further crimp the car maker’s sales.
Continue reading “Wall Street Journal — “Chrysler Halts Auto Leases” — and what about Canada?”
On this rainy summer afternoon, we were browsing through this site, fixing links reading over some of the past media coverage, when we came upon Neil MacDonald’s now famous article written December 7th, 2007.
Continue reading “Want a Cheaper Car? Sorry you’re Canadian”
Auto Remarketing - a top Newsmagazine of the Used Car Industry in the U.S. has just published the weekly commentary submitted by Don “Donnyo” O’Connor.
Funny how the U.S. media folks picked it up, but the Canadian “little boys” probably got their wrists slapped from their editors for even thinking about publishing it!
Congrats to Don and CarsWithoutBorders.
For more true and unbiased information concerning the used car market in the U.S. and Canada go to Autoremarketing.com
The RIV posted an updated list today. And it looks like they are putting the changes in red. Congrads RIV and Transport Canada! This is a big move to make it easier for Canadians to understand the differences.
Continue reading “New Riv List!”
In this wild open internet world, Bill Gates has just plopped down $90.1 Million for a 5.1% stake in “AutoNation” . We wonder if these boys are forking back dividends at 24% like one of the Canadian Dealership funds were reported on today, or are they growing the business to take out some of the “slow” movers.
Continue reading “Does Bill Gates know that they Can’t sell to Canadians??!!”
That is a good question. If your car breaks down in the U.S. when you are on vacation and you get it fixed do you have to report these expenses when you come back into Canada??!!
Continue reading “Are Canadians being gouged on Parts and Service Too?!”
Canada’s only publicly traded auto dealership group has been upgraded to a ”strong buy” by Analyst Andy Nasr at Raymond James.
Andy seems to think that of the 22 dealerships included in the fund , 15 are in the west, and since the western economy is still booming shares should rise to $6.00 from the current range below $4.00. Last August the shares were trading at $12.50.
Continue reading “AutoCanada Income Fund.. a good buy Now??!!”