The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Quorum implements DMS with 1st Ford dealership in Canada
Auto Remarketing Canada Staff
Quorum Information Technologies Inc. announced this week it has successfully implemented its dealership and customer management system in its first Ford dealership in Canada. The XSELLERATOR system is available to all Ford and Lincoln dealerships in Canada, and Sunset Country ... [Read More]
Mobials, autoTRADER.ca honor ‘Dealership of the Year’ winners
Auto Remarketing Staff
Mobials, the software developer behind Reviewsii.com car dealer review website, and autoTRADER.ca, announced this week the winners of their 2016 Dealership of the Year Awards program. To be considered, dealers must have demonstrated consistently high Reviewsii ratings for consumers satisfaction, ... [Read More]
Used-vehicle price indexes on the rise in Canada
Auto Remarketing Canada Staff
ADESA and Manheim have both released their respective used vehicle price indexes for the month of January and both reflect increases. The ADESA Index, powered by ALG, reported that wholesale prices increased, on average, by 0.6 percent compared to December ... [Read More]
CBB ‘Best Retained Value Awards’ show impact of exports to US
Sarah Rubenoff, Auto Remarketing Canada Editor
A lower Canadian dollar is contributing to record values for many used vehicles — a trend which is particularly evident in the results of this year’s Canadian Black Book Best Retained Value Awards. In other words, it’s a seller’s market ... [Read More]
ALG hands out 2016 Canadian Residual Value Awards
Auto Remarketing Canada Staff
ALG announced winners of its eighth annual Canadian Residual Value Awards on Wednesday with Subaru and Land Rover taking top honors for mainstream brand and premium brand, respectively. Analysts highlighted that Subaru repeated as the top-ranking marque among mainstream brands, ... [Read More]
AR Canada opens nominations for Remarketing’s Under 40
Sarah Rubenoff, Auto Remarketing Canada Editor
You know those young people that don’t just have great ideas — they act on them? Or how about those up-and-coming industry stars that aren’t afraid of disruption, but rather, invite it? And everyone knows at least one entrepreneur that ... [Read More]
TRADER to bring ‘Carology’ to Canadian International AutoShow
Auto Remarketing Canada Staff
TRADER Corporation recently announced that it will be hosting the second annual Industry Day as part of the Canadian International AutoShow in Toronto. Taking place on February 12 and featuring activities tailored for OEMs, agencies and automotive dealers, TRADER will ... [Read More]
Impact Auto Auctions to hold 1st sale at new Edmonton facility
Auto Remarketing Canada Staff
Impact Auto Auctions, a subsidiary of Insurance Auto Auctions and a business unit of KAR Auction Services, announced Thursday the opening of the first phase of its new Edmonton area facility. The company announced it has begun to direct all ... [Read More]
2 luxury brands report best-ever January for CPO
Sarah Rubenoff, Auto Remarketing Canada Editor
Most automakers reporting certified pre-owned sales so far saw sales increase in January, and two luxury brands reported their best January ever. Porsche Approved Certified Pre-Owned sales reached 101 units, which is a record for the month. This performance bested ... [Read More]
January Tradetracker: Trucks, trucks & more trucks
Auto Remarketing Canada Staff
The top three most-appraised vehicles Canadian dealers saw last month were, you guessed it, trucks. To be more specific, they were light-duty trucks, and you probably won’t be surprised which ones they are, because they’re the usual suspects: Ford F-150, ... [Read More]
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