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
Continued declines in Canadian wholesale vehicle prices
Auto Remarketing Canada Staff
It was another week of price slowdowns in the Canadian wholesale market, with overall values dropping 0.27% for the week ending Friday, according to the latest Market Insights report from Canadian Black Book. That compares to a 0.30% decline the ... [Read More]
Canadian wholesale vehicle prices fall again
Auto Remarketing Canada Staff
It was another week of falling prices in the Canadian wholesale vehicle market. The overall market was down 0.30% for the week ending Sept. 23, steady with … [Read More]
AutoCanada continues M&A growth with purchase of Winnipeg used-car store
Auto Remarketing Canada Staff
In a move that it says broadens its Used Digital Retail initiative, AutoCanada has purchased independent used-car dealership Auto Gallery of Winnipeg. AutoCanada said the acquisition of the store, which also includes the underlying real estate, would bring in annual ... [Read More]
STEER adds Florida to market roster
Auto Remarketing Canada Staff
Facedrive Inc. has expanded its STEER EV electric vehicle subscription service to Florida, the company’s third U.S. market. STEER launched in Washington, D.C., in May 2019, and was acquired by Facedrive in September 2020. It expanded to Canada last year, ... [Read More]
COMMENTARY: New wave of privacy regulations set to crash down on auto remarketing industry in Canada
Andrea Amico, Privacy4Cars
This week, a monumental privacy regulatory change takes effect in Canada that will directly impact the remarketing operations of auto consignors and their suppliers — chiefly among them auto auctions, recovery agents, and vehicle inspectors, in addition to fleet, rental and ... [Read More]
AutoCanada talks investments in US dealerships
Sarah Rubenoff, Correspondent
AutoCanada, the only publicly traded dealer group based in Canada, first forayed into the U.S. in 2018, when it bought the Grossinger Auto Group in Illinois. This acquisition added eight dealerships to the group’s linkup in Metro Chicago, plus another ... [Read More]
M&A experts foresee Canadian dealers continuing to make larger investments south of the border
Sarah Rubenoff, Correspondent
There’s a trend that may have started back before the pandemic, but is ramping up recently: Canadian dealers are increasingly looking south of the border, eyeing mergers, acquisitions and opportunities in the U.S. Auto Remarketing Canada spoke with a variety ... [Read More]
GM Financial Canada now managing GM Protection products
Auto Remarketing Canada Staff
GM Financial Canada has taken over for General Motors Canada as the program manager for GM Protection protects, a move that was effective last month, the company said in a news release Wednesday. GM Financial Canada will head up development ... [Read More]
Kot Auto Group adds 1st CJDR store, expands on Vancouver Island
Auto Remarketing Canada Staff
British Columbia-based Kot Auto Group has added its first Chrysler-Jeep-Dodge-Ram store, purchasing Woodgrove Chrysler. The store is Kot’s second on Vancouver Island, having purchased Victoria Hyundai in June 2019. “We are excited to expand with a dedicated domestic brand to ... [Read More]
Mercedes-Benz Canada names new CEO
Auto Remarketing Canada Staff
Mercedes-Benz Canada will have a new president and chief executive officer on Oct. 1. Succeeding Eva Wiese will be Andreas Tetzloff, who has headed up Mercedes-Benz Russia since March. Wiese will become managing director of Mercedes-Bez Customer Solutions GmbH. “On ... [Read More]
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