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
Canadian Lenders Association welcomes Inovatec
Auto Remarketing Canada Staff
Inovatec Systems Corp. recently announced it has joined the Canadian Lenders Association (CLA), which is comprised of more than 170 companies representing Canadian lenders in categories such as auto, consumer, home, and mortgages. According to a news release, many of ... [Read More]
AutoCanada continues to build used-car program with latest purchase
Auto Remarketing Canada Staff
AutoCanada has purchased Ontario independent dealer Mark Wilson’s Better Used Cars, a move the retailer says augments its plans of building its Used Digital Retail Division. This is the second independent dealer AutoCanada has purchased. In a similar move, the ... [Read More]
Record used-car price streak snapped, but values still up 20% from prior year
Auto Remarketing Canada Staff
July was an interesting month for wholesale vehicle prices in Canada. On one hand, Canadian Black Book’s Used Vehicle Retention Index was up 20.3% year-over-year, and was off a mere 0.3% from June, which was the 10th straight month of ... [Read More]
Policaro Group to open Porsche dealership in Kitchener-Waterloo
Auto Remarketing Canada Staff
The Policaro Group, an Ontario-based dealer group, announced last month it has broken ground on a new Porsche store in Kitchener-Waterloo. The store, set to be located at 1705 Victoria Street North in Waterloo, is Policaro’s second Porsche franchise. The ... [Read More]
CARFAX Canada launches service retention program
Auto Remarketing Canada Staff
Earlier this month, CARFAX Canada launched its new CARFAX for Life service retention program that’s designed to give dealerships a way to boost customer loyalty and repeat service business. Customers of dealerships that are enrolled in CARFAX for Life receive ... [Read More]
TRADE X announces $44 million equity investment
Auto Remarketing Canada
TRADE X, which is an Ontario-based global cross-border B2B vehicle trading platform, announced a $44 million CAD ($35 million US) equity investment from Toronto-based holding company Aimia on Tuesday. TRADE X may issue an additional $10 million (USD) of convertible ... [Read More]
AR Canada Conference digital event returns next week
Auto Remarketing Canada Staff
The Auto Remarketing Canada Conference is an annual event bringing together all corners of Canada’s used-vehicle industry to learn about the latest trends in the auto business, share best practices and network. The two-day event, scheduled for July 20-21, ... [Read More]
Slower gains in Canadian vehicle prices, but market still strong
Auto Remarketing Canada Staff
While the degree of increase was lower, it was a steadily strong week for the Canadian wholesale vehicle market, according to Canadian Black Book, which found overall prices were up 0.01% for the week ending July 2. That compares to [Read More]
How certified car sales are faring in Canada
Auto Remarketing Canada Staff
At the halfway point of 2021, the certified pre-owned market in Canada is showing some promise. Below is a roundup of how various automakers are faring, based on results provided to Auto Remarketing Canada. [Read More]
Gains in Canadian used-car prices ease
Auto Remarketing Canada Staff
While wholesale vehicle prices in Canada were still up last week, the rate of increase eased, according to the Canadian Auto Market Update released Tuesday by Canadian Black Book. [Read More]
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