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SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here
Wide-ranging car-business conversation with Lotlinx chairman and CEO Len Short
Lotlinx chairman and CEO Len Short firmly believes car dealers are the most resilient operators in any business. During this episode of the Auto Remarketing Podcast, Short explained why he is anticipating dealers showing that resilience again because it’s needed ... Listen Here
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here

LGM receives financial investment from Japan’s Marubeni Corporation

money-stack
Auto Remarketing Canada Staff
LGM Financial Services has received a financial boost from the East. The Vancouver-based F&I provider announced a strategic financial investment from Marubeni Corporation, one of Japan’s largest investment business conglomerates. LGM said the partnership “marks a powerful step forward in ... [Read More]

Atlantic Canada auto theft claims down in 2024, but IBC calls for action to reverse long-term upward trend

Ottawa hosts National Summit to combat auto theft.
Auto Remarketing Canada Staff
Auto theft insurance claims were down slightly in Atlantic Canada last year, but that doesn’t mean the problem is going away, Insurance Bureau of Canada said. IBC’s data on the cost of auto theft in the region shows a 10-year ... [Read More]

AutoCanada seeks new CEO as Antony transitions out of executive chairman role

Auto Remarketing Canada Staff
Paul Antony, who has led AutoCanada for the past seven years, informed the board of directors he will transition out of his role as executive chairman, the dealership group announced. In a news release distributed Friday morning, the company said ... [Read More]

PODCAST: Examining Canadian CPO market

Auto Remarketing Canada Staff
A session at Canada’s Used Car Week featured a mix of automaker and dealership executives, who examined Canada’s certified pre-owned vehicle market, how CPO sales are faring, OEM-dealer partnerships, challenges and opportunities in CPO, vehicle supply dynamics and more. Cherokee ... [Read More]

PODCAST: 7 top executives discuss Canadian wholesale market

Auto Remarketing Canada Staff
One of the highlights of Canada’s Used Car Week was a stage full of top executives from the wholesale market. Cherokee Media Group’s Joe Overby led a conversation with these executives, who discussed macroeconomic, technological and market factors impacting their ... [Read More]

Canadian car owners’ earnings through Turo reach $300 million milestone

Auto Remarketing Canada Staff
Turo has reached a milestone. Or, rather, the car owners who use it have. The car-sharing marketplace, which bills itself as the world’s largest, said the total amount earned by Canadian car owners sharing their vehicles on the platform since ... [Read More]

Flat week for cars in Canada’s wholesale used-vehicle market

Auto Remarketing Canada Staff
In an often volatile market, Canadian wholesale used-car prices were remarkably stable — at least for a week. Values for the car segments tracked by Canadian Black Book’s weekly Market Insights report fell just 0.04% for the week ending July ... [Read More]

IBC urges government to act as auto theft claims costs soar in Alberta

Auto Remarketing Canada Staff
The cost of auto theft has spiked dramatically in Alberta over the past three years, according to data from Insurance Bureau of Canada. The national trade association representing insurers said auto theft claims costs in the province have risen 65% ... [Read More]

Car segments take a steep dive in Canadian wholesale used market

Auto Remarketing Canada Staff
If there’s one thing that can be said about the trend in the Canadian wholesale used-car market for the week ending June 28, it’s that it was consistent. According to Canadian Black Book’s weekly Market Insights report, car values were ... [Read More]

Axis Auto Finance goes private to complete next step toward dissolution

Auto Remarketing Canada Staff
Axis Auto Finance has taken its latest step toward going away. The Mississauga-based direct-to-consumer subprime lender, which sold its auto finance business to Fionic Canada in December, announced it has completed the process of going private by consolidating the company’s ... [Read More]

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