Market update: Hurricanes drag down Copart revenue

Flooded cars during Hurricane Harvey, Aug. 29, 2017. Photo via Wikimedia Commons, by urban.houstonian from Houston, TX

By CRM staff Toronto, Ontario — November 26, 2018 — In this week’s market update, Copart reveals the true cost of hurricanes to its salvage and auction business, and a forecast of growth for the collision repair sector. The cost of hurricanes: CopartSales and earnings for Copart grew by double digits in its first quarter […]

Market update: Auto sales continue to decline, an alliance of analysts

The decline in Canadian light vehicle sales that began in March continued into October.

By CRM staff Toronto — November 7, 2018 — In this week’s market update: Vehicle sales slide for seventh straight month, two automotive market forecasting firms join forces, and Copart expands in Europe. Auto sales dip The decline in Canadian light vehicle sales that began in March continued into October. The industry sold 161,125 units […]

Copart Canada announces Anthony Monas as new eastern regional manager

Anthony Monas will be responsible for monitoring and providing support for Copart Canada’s Eastern locations, including Halifax, Moncton, Montreal and Toronto.

By CRM Staff   Toronto, Ontario — March 27, 2018 — Copart, a global vehicle auction company, recently announced the promotion of Anthony Monas to eastern regional manager of Copart Canada.   “Copart Canada’s growth through the years prompted the need for a second regional manager,” said managing director Steve Macaluso. “Monas’ new role will […]

Copart Canada opens new facility in Calgary

The Copart team during their ribbon cutting ceremony at the new Calgary facility.

By CRM Staff   Calgary, Alberta — February 21, 2018 — Copart Canada announced the opening of a new, state of the art facility in Calgary. The new location can be found at 234082 84 St SE in Rockyview County.    “Our new state-of-the-art facility in Calgary is proof of Copart’s commitment to building a […]

Copart Canada welcomes Promutuel Insurance as new insurance client

Montreal, Quebec — May 23, 2017 — Copart Canada is proud to announce a new agreement with the insurance company Promutuel Insurance. Headquartered in Quebec, Promutuel Insurance provides insurance across the provinces of Quebec and New Brunswick. Promutuel Insurance’s new inventory mix allows Copart to better serve the Eastern Canada market. “We are thrilled to welcome […]

Copart Canada launches new Canada-specific website

The new Copart Canada site features Canadian-specific inventory and content.

Toronto, Ontario — July 13, 2016 — Copart Canada has announced the launch of a new website tailored to Canadian members. The new website, copart.ca, continues to use Copart’s proprietary VB3 auction technology. The new site features Canadian inventory and content specifically chosen for the Canadian market.   “This new website is an investment to […]