‘Beware’ of Negative Equity Fallout
Wednesday, Mar. 26, 2014, 03:03 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
After any recession, the level of subprime consumers is bound to grow. And interestingly, this trend, on top of a few other market factors, has created a “perfect storm” of sorts for the expansion of indirect financing on subprime auto ... [Read More]
Building a Social Media Strategy
Wednesday, Mar. 26, 2014, 02:53 PM
Auto Remarketing Canada Staff
Social media: how important is it really? Auto Remarketing Canada chatted with Roger Dunbar, vice president of marketing at TRADER Corp., to get the skinny. You might be surprised at some of his responses, which include contending that social media ... [Read More]
CU Dealer Finance Corp., RouteOne Canada Integration Beneficial for Dealers
Thursday, Mar. 20, 2014, 02:38 PM
Auto Remarketing Canada Staff
RouteOne Canada announced recently it has completed integration with CU Dealer Finance Corp. — a Saskatchewan-based network of Credit Unions touting a large dealer network across the area. What does this mean for dealer customers? Now, CU Dealer Finance Corp. ... [Read More]
2014 ARC Dealer Of The Year: Andrew Lennox Talks Branding, Corporate Ethics
Thursday, Mar. 20, 2014, 02:22 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Andrew Lennox — general manager of Pfaff Volkswagen in Newmarket, Ontario — is already a familiar name with readers as he was featured in the January/ February issue of the Auto Remarketing Canada Digital Magazine. Now, Lennox is back as ... [Read More]
2014 ARC Conference In The Bag
Thursday, Mar. 20, 2014, 02:17 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
The 2014 Auto Remarketing Canada conference wrapped up on Tuesday evening after two days of networking, innovative workshops, panels and more. With over 600 attendees — more than 40 percent of whom were dealers — the opportunities to make lasting ... [Read More]
Expanding Supply to Put Downward Pressure on Prices for Older Vehicles
Monday, Mar. 17, 2014, 09:15 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
As we wrap up the first quarter of the new year, ALG Canada’s latest Industry Update outlined the factors that will contribute to easing used vehicle prices among 5- to 7-year-old vehicles in the next few years. Used-vehicle sales peaked ... [Read More]
Auto Remarketing Canada Honors Industry Leaders
Monday, Mar. 17, 2014, 08:09 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
During awards ceremonies today at the 2014 Auto Remarketing Canada conference held at the Westin Harbour Castle Hotel, this year's Dealer of the Year and Remarketer of the Year were announced. The 2014 Auto Remarketing Canada Conference, presented by CarProof, ... [Read More]
Wholesale Prices Spike as Spring Approaches
Thursday, Mar. 13, 2014, 02:12 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Though many are predicting supply to loosen a bit this year, causing used prices to slide, pre-owned prices aren’t quite there yet as seasonality comes into play. Used values are still pushing up as spring approaches, and the ADESA Canada ... [Read More]
Unions, Automakers Voice Concern On Canada-Korea Free Trade Agreement
Thursday, Mar. 13, 2014, 01:35 PM
Sarah Rubenoff, Auto Remarketing Canada Editor
Prime Minister Stephen Harper’s announcement regarding a free-trade agreement between South Korea and Canada garnered a bit of a mixed review from the automotive industry and unions. Unifor, one of Canada’s largest unions in the private sector, even went so ... [Read More]
CarProof to Showcase New Reconditioning Tool at 2014 ARC Conference
Wednesday, Mar. 12, 2014, 01:39 PM
Auto Remarketing Canada Staff
Amid the packed Expo Hall featuring the remarketing industry’s latest and greatest products at the 2014 Auto Remarketing Canada Conference next week, CarProof will be showcasing its new CarProof RECON tool for attendees. CarProof — Auto Remarketing Canada Conference presenting ... [Read More]