PODCAST: Canadian market trends with CarGurus
Thursday, Aug. 1, 2024, 10:25 AM
Auto Remarketing Canada Staff
The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto highlights shifting market trends dealers are now facing. Prepared with the newest information and context is Kevin Roberts, who is director of ... [Read More]
OpenRoad joins Green Economy Canada as part of its environmental commitment
Thursday, Aug. 1, 2024, 10:22 AM
Auto Remarketing Canada Staff
OpenRoad Group, taking another step in its ongoing commitment to environmental, social and governance initiatives, has become a Green Economy Leader by joining Green Economy Canada. The dealership group said its membership highlights its dedication to reducing its carbon footprint ... [Read More]
Affordability continues to challenge Canada’s auto finance segment
Tuesday, Jul. 30, 2024, 08:56 AM
Alysha Webb, Correspondent
Even as inventory levels recover, affordability is still the biggest challenge facing dealers and auto finance companies in Canada, industry participants and analysts told Auto Remarketing Canada.
“I would say while it is not unique to Canada, the biggest challenge (auto finance companies are facing) is simply the affordability factor,” said Mike Buckingham, managing director, auto finance at J.D. Power.
Vehicle prices are up 30% since the third quarter of 2020 and interest rates have ... [Read More]
Bell Canada extends its infotainment partnership with Hyundai
Thursday, Jul. 25, 2024, 10:50 AM
Auto Remarketing Canada Staff
Bell Canada and Hyundai Motor Group announced a multi-year extension of their strategic partnership to provide Canadian customers with in-car connected infotainment services, powered by Bell’s network. Through Bell’s IoT connectivity, Hyundai, Kia and Genesis customers in Canada will receive ... [Read More]
More of the same — Canadian wholesale values keep falling
Thursday, Jul. 25, 2024, 10:06 AM
Auto Remarketing Canada Staff
Welcome to this week — same as the last week. Canadian Black Book’s Market Insights report for the week ending July 23 wasn’t much different than the previous one, not to mention many others in recent months, with wholesale values ... [Read More]
PODCAST: TikTok and the auto revolution
Wednesday, Jul. 24, 2024, 02:31 PM
Auto Remarketing Canada Staff
The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto features a session about how dealers can use TikTok. While videos on that social media platform last only a couple minutes, Miranda ... [Read More]
PODCAST: Keys to boosting both inventory & lead management
Tuesday, Jul. 23, 2024, 12:52 PM
Auto Remarketing Staff
The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto features a keynote presentation titled, “Inventory Management Needs To Be Lead Management.” Lotpop CEO and owner Jasen Rice offered recommendations based on ... [Read More]
PODCAST: Connecting with the modern consumer
Tuesday, Jul. 23, 2024, 12:52 PM
Auto Remarketing Canada Staff
The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto features a keynote presentation titled, “Connecting with the Modern Consumer.” Jessica Lo Basso and Jake Stacey of LGM Financial Services delved into ... [Read More]
PODCAST: Part II of inside Canada’s wholesale auto market
Monday, Jul. 22, 2024, 03:13 PM
Auto Remarketing Canada Staff
This episode of the Auto Remarketing Podcast features the second part of an in-depth conversation about Canada’s wholesale auto market. Joining this session from Canada’s Used Car Week in Toronto last month are: —Blair Earle, managing director of Canada, IAA ... [Read More]
PODCAST: Why AI will fuel communication revolution in automotive
Friday, Jul. 19, 2024, 10:18 AM
Auto Remarketing Canada Staff
Olivier Vincent, an expert in artificial intelligence, sees the auto industry on the brink of a revolution. Vincent wants dealers and other service providers to take advantage of everything AI can do, especially with understanding consumer needs, tailoring experiences to ... [Read More]