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This Month's Focus

Turbocharged Finance
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Latest two moves by US Bank have dealers & OEMs in mind
U.S. Bank made a pair of moves last week geared to boost its position in automotive with dealerships and OEMs. First, U.S. Bank said it is launching redesigned BMW, MINI and BMW Motorrad Mastercard credit card products that offer cardholders ... Read More
TransUnion and Bankrate collaborate to broaden credit offers  
TransUnion and Bankrate want to make it easier for millions of Americans to find personalized credit offers that meet their needs. On Wednesday, the companies announced they’re working even closer together to deliver smarter matching by combining Bankrate’s lender marketplace ... Read More
COMMENTARY: The LLM compliance paradox & separating conversational AI from quantitative underwriting
It’s hard to open a newspaper or read a tech article today without seeing at least some mention of large language models (LLMs) and their usage in just about any industry. The auto lending sector is no exception, with LLMs ... Read More
Ben Sporn of VIP Automotive Group Takes DIY Approach to AI
Ben Sporn is the chief marketing officer of VIP Automotive Group on Long Island, N.Y. , where he runs operations and artificial intelligence projects at his family’s 10-store dealer group. He also has a tech background, having worked for Google ... Listen Here
SPONSORED PODCAST: Securing the Vehicle Handoff with Secure Vehicle Transfer
In this episode of the Auto Remarketing Podcast, Bill Zadeits speaks with Lainey Sibble and Eric Schwartz from Central Dispatch about the newest technology impacting vehicle transport: Secure Vehicle Transfer. Learn more about this impactful technology and how it’s helping ... Listen Here
SPONSORED EPISODE: High-quality used inventory via the service drive with AutoHub’s Dan Gaughan
Some of the best used-car inventory a dealer could want is sitting right in their own service lane every day. In this special sponsored episode of the Auto Remarketing Podcast, AutoHub general manager Dan Gaughan took dealers through a proven ... Listen Here

Women & Automotive: Colleen Potts of Lubrico Warranty

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Auto Remarketing Canada Staff
Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As ... [Read More]

Women & Automotive: Ashley St. Pierre of Fred Martin Auto Group

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Auto Remarketing Staff
Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As ... [Read More]

Women & Automotive: Christine Wood of Cox Automotive Canada

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Auto Remarketing Canada
Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As ... [Read More]

Women & Automotive: April Bean of Bean Chevrolet Buick GMC

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Auto Remarketing Canada
Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ARC will be posting Q&As ... [Read More]

Women & Automotive: Annie Deslauriers of Sym-Tech Dealer Services

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Auto Remarketing Staff
Auto Remarketing Canada  is recognizing the 2022 Women & Automotive: Profiles honorees in the current issue of the magazine and at Canada's Used Car Week next month at the Westin Harbour Castle in Toronto. In the weeks leading up to the June 27-29 event, ... [Read More]

PowerBand lands $20M private placement, announces proposed board leadership

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Auto Remarketing Canada Staff
PowerBand Solutions, which is an Ontario-based trading and financing tech platform in the digital retail and fintech space, said this week it has secured a $20 million (USD) private placement through an entity controlled by J. Bryan Hunt Jr., and ... [Read More]

Cion Digital now providing cryptocurrency services to Canadian dealers

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Auto Remarketing Canada Staff
Cion Digital has expanded into Canada, giving Canadian dealers the ability to accept cryptocurrency in car sales. Car buyers in Canada will be able to utilize cryptocurrency for payments and financing Among the first dealers in Canada to provide this ... [Read More]

AutoCanada announces acquisitions, record revenue

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Auto Remarketing Canada Staff
In addition to reporting quarterly results this week, AutoCanada also announced the acquisition of two dealerships that expand its Ontario presence and adds the Porsche brand to its franchise portfolio. The retailer said Monday it has purchased Porsche of London ... [Read More]

Canada Drives expands to Saskatchewan

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Auto Remarketing Canada Staff
Canada Drives has added a new province to its footprint: Saskatchewan. With this expansion, the online platform — which allows consumers to buy, sell and trade in vehicles — is now available in four provinces: Saskatchewan, Alberta, British Columbia and Ontario. “We’ve ... [Read More]

Lithia expands presence in Canada with Honda store purchase

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Auto Remarketing Canada Staff
U.S.-based auto retailer Lithia & Driveway, which expanded into Canada last year with the purchase of Toronto’s Pfaff Automotive Partners, has increased its Canadian footprint with a purchase announced Tuesday. In the first addition to its Canadian portfolio since buying ... [Read More]

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