TRADER aims to help dealers make data-driven marketing decisions
Tuesday, Feb. 25, 2020, 07:37 PM
Auto Remarketing Canada staff
TRADER Corp. says it has released a digital marketing analytics tool that it says draws a direct and verifiable line between consumer activity on the autoTRADER.ca online marketplace, and eventual vehicle sales in Canadian automotive dealerships. Called Match, the online-to-offline ... [Read More]
10 assertions from TransUnion study on Canadian fintech borrowers
Tuesday, Feb. 25, 2020, 05:56 PM
Auto Remarketing Canada Staff
Fintech isn’t limited just to Silicon Valley. TransUnion spotted fintech developments leaving impacts in the Oil Patch, MTA and Vancouver, too. A new study released this week by TransUnion explored the evolving trends around the fintech lender landscape in Canada, ... [Read More]
Awards highlight best-ever retained value industry average
Friday, Feb. 21, 2020, 08:15 PM
Auto Remarketing Canada staff
The retained value for all vehicles in Canada measured for this year’s 13th annual Canadian Black Book Best Retained Value Awards show that 4-year-old vehicles (2016 model-year) held what Canadian Black Book describes as “an astounding” 57% of original MSRP, ... [Read More]
PayLink Direct’s service contract payment program now available in Canada
Thursday, Feb. 20, 2020, 02:29 PM
Auto Remarketing Canada Staff
PayLink Direct — a financial services company that specializes in providing interest-free payment plans for the purchase of service contracts for vehicles, RVs, homes, commercial trucks and other products — now is available in Canada. According to a news release, ... [Read More]
Used-vehicle prices high for market returnees
Thursday, Feb. 20, 2020, 01:43 PM
Sarah Rubenoff, Correspondent
Consumers drive the auto market. And the F&I office seals the deals. But if consumers can’t get the price they want, especially in the used market, there’s cause for concern. On the other hand, a race to the bottom — ... [Read More]
Online retailer Clutch launches in Toronto
Thursday, Feb. 13, 2020, 06:06 PM
Auto Remarketing Canada staff
Pre-owned vehicle online retailer Clutch has launched its service in the greater Toronto area. The company started operations in Halifax in 2017, describing itself as an alternative to buying a car from a traditional dealership or privately from an individual. ... [Read More]
Automakers get quick start to CPO in 2020
Wednesday, Feb. 12, 2020, 08:02 PM
Joe Overby, Senior Editor
A few automakers have shared their January certified pre-owned sales results with Auto Remarketing Canada, and it appears they are off to a quick start. For example, Hyundai’s H-Promise certified pre-owned program had its best January ever, moving 852 units. That ... [Read More]
New vice president to lead AutoVIN Canadian operations
Monday, Feb. 10, 2020, 08:31 PM
Auto Remarketing Canada Staff
Almost 20 years ago, Gilles Pellerin joined Quadrex, and that company was sold to DataScan in 2006. AutoVIN acquired the combined company in 2015, and the company says Pellerin played an important role in ensuring a smooth merger between AutoVIN ... [Read More]
Streamlining the process for consumers, lenders and dealers: From AI to alternative data
Monday, Feb. 10, 2020, 07:49 PM
Sarah Rubenoff, Correspondent
Vladimir Kovacevic, founder and chief technology officer at Inovatec Systems, laughingly says Apple and Google have ruined it for all of us. That was how an enlightening interview with the tech-minded entrepreneur began. Kovacevic helps run Inovatec, which provides lending ... [Read More]
Cox collaboration aims to bridge online and in-store experience gap
Thursday, Feb. 6, 2020, 08:31 PM
Auto Remarketing Canada staff
Through a strategic collaboration between automotive business-to-consumer (B2C) chat company RAPID RTC and Cox Automotive Canada, RAPID RTC will integrate its chat service into Cox Automotive Canada’s Dealer.com and Dealertrack Digital Retailing systems. That, according to the companies, will “combine the ... [Read More]