Canadian wholesale market continues downward trend
Thursday, Dec. 5, 2024, 10:23 AM
Auto Remarketing Canada Staff
The Canadian used wholesale vehicle market continued to trend downward last week, and at the same rate as the week before, according to Canadian Black Book’s weekly Market Insights report. Vehicle values fell 0.33% overall in the week ending Nov. ... [Read More]
Approval Genie program helps struggling Canadians make their car payments
Tuesday, Dec. 3, 2024, 10:58 AM
Auto Remarketing Canada Staff
Approval Genie has launched a new program to help Canadians in need keep their vehicles. In a news release, the auto finance company called its PaymentAssist Program “a bold move to further its commitment to empowering Canadians.” The initiative is ... [Read More]
Centennial College amps up auto tech training with required EV courses
Tuesday, Dec. 3, 2024, 10:39 AM
Auto Remarketing Canada Staff
Centennial College is amping up its auto technician training program’s emphasis on electric vehicles. Students starting the Centennial College School of Transportation’s Automotive-Motive Power Technician program will now be required to complete EV/hybrid courses as part of their training. In ... [Read More]
Canadian Black Book used vehicle index remains in holding pattern
Friday, Nov. 15, 2024, 09:45 AM
Auto Remarketing Canada Staff
When it comes to the Canadian wholesale vehicle market, all is calm. For the third month in a row Canadian Black Book’s Used Vehicle Retention Index did not move in October, standing at 136.0 points — same as it was ... [Read More]
Autocorp.ai ‘declares war’ on fraud with launch of ID verification tool
Thursday, Nov. 14, 2024, 10:23 AM
Auto Remarketing Canada Staff
Autocorp.ai has unveiled a new weapon in the war against fraud. The Ottawa-based automotive retail technology provider announced the launch of AVA ID Verified, an identity verification system created to “wage war against the rising tide of fraud targeting dealerships,” ... [Read More]
SCI Lease Corp to offer leases on Lucid EVs
Thursday, Nov. 14, 2024, 10:08 AM
Auto Remarketing Canada Staff
Canadian automotive leasing company SCI Lease Corp has joined with California-based electric vehicle manufacturer Lucid in a partnership designed to give Canadian drivers access to “flexible, transparent and competitive leasing options” for the Lucid Air. “We are excited to add ... [Read More]
Overall drop in wholesale vehicle values not quite as steep, but declines widespread across segments
Tuesday, Nov. 12, 2024, 10:24 AM
Auto Remarketing Canada Staff
For the most part, it was a week of price declines across the board in the Canadian wholesale vehicle market, with one segment bucking the trend. The overall drop in prices wasn’t quite as steep as the prior week’s, at ... [Read More]