AMVIC lays 38 charges against owner of Calgary vehicle dealership

DATE: | Consumer bulletins | Industry bulletins | News releases

Edmonton— Alberta Motor Vehicle Industry Council (AMVIC) has laid 38 charges against Howard Ackman the owner of Roadsport Autocredit (aka 403 Car Loan, Credit Amnesty 2012, 1800Approved.ca, 1800Approved). The charges include one of theft under $5,000 and one of fraud under $5,000 under the Criminal Code of Canada. Thirty-six charges are under the Consumer Protection … Read More

AMVIC suspends licence of Autos R Less Corp. for knowingly selling vehicles with unpaid liens

DATE: | Consumer bulletins | Industry bulletins | News releases

Edmonton— AMVIC has suspended the automotive business licence of Autos R Less Corp. in Medicine Hat for knowingly selling vehicles with outstanding liens to consumers. AMVIC is aware that 21 registered vehicle seizure notices have been issued in relation to Autos R Less Corp., of which nine have been purchased by Alberta consumers. These vehicles … Read More

2017-2018 AMVIC annual report available now

DATE: | Industry bulletins

2017 – 2018 annual report highlights: Bill 31 and the Consumer Protection Act provides a fair marketplace for both industry and consumers in Alberta (page 11). Over 10,000 businesses licensed and over 7,000 salespeople registered (page 21). Read about how AMVIC hosted industry information sessions across the province to improve advertising compliance (page 23). AMVIC … Read More

2017-2018 annual report highlights

DATE: | Consumer bulletins

2017 – 2018 annual report highlights: Bill 31 and the Consumer Protection Act provides further protection for consumers in Alberta (page 11). See the five most common consumer complaints for 2017-2018 (page 19). AMVIC visits SAIT to teach future industry members about curbers and backyard mechanics (page 24). Get the breakdown on the charges laid … Read More

Volume 2 2018

DATE: | Impact Newsletter

In this issue: New consignment security requirements increased to $300,000. Details on page 1. $5,000 fine for Carston area backyard mechanic. More on page 1. How to properly advertise incentives. Check out page 3. AMVIC investigator receives rare award. Find out how on page 4. AMVIC at the Calgary and Edmonton car shows. Learn more on page 4. Impact newsletter volume 2 … Read More

New security requirements for consignment dealers

DATE: | Industry bulletins

Beginning Sept. 1, 2018, AMVIC is implementing a significant change to the security requirement for licensed consignment businesses. New consignment businesses applying for the AMVIC consignment licence will need to provide a minimum $300,000 security in the form of cash or an irrevocable letter of credit or bond, in order to complete their application. Current … Read More

Crossline Truck & Auto Sales and related companies in receivership

DATE: | Consumer bulletins | Industry bulletins | News releases

Edmonton— Alberta automotive consumers should be aware that a Receivership Order was granted by the Court of Queen’s Bench of Alberta effective May 18, 2018 against the following AMVIC licensees: Crossline Truck & Auto Sales Ltd. (a.k.a. City Auto Truck Sales, Crossline Trucks and Toys Yellowhead, City Auto Truck Sales, Signature Tire @ Crossline Yellowhead … Read More

Money Month: leasing

DATE: | Consumer bulletins

Throughout the month of May, AMVIC is raising awareness on the financial costs of buying and owning a vehicle. Last time, the topic was about negative equity. This time the topic is on leasing. When shopping for a vehicle, you might consider the option to lease a vehicle instead of buying. However, with any financial … Read More

Money Month: negative equity

DATE: | Consumer bulletins

Throughout the month of May, AMVIC is raising awareness on the financial costs of buying and owning a vehicle. Previously the topic was on liens. This week, let’s discuss negative equity. Have you ever heard of negative equity? That is when the amount you owe on a vehicle is actually more than the current value … Read More

Money Month: liens

DATE: | Consumer bulletins

Throughout the month of May, AMVIC is raising awareness on the financial costs of buying and owning a vehicle. Last week the topic was about setting a budget. This week, AMVIC is putting the spotlight on liens. A lien is an outstanding debt on a vehicle that has to be paid by whomever legally owns … Read More