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The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

CBB: Pandemic made ‘huge impact’ on used-vehicle retained values

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Auto Remarketing Canada Staff
If one message can be taken from the Canadian Black Book 2021 Best Retained Value Awards, with winners announced Wednesday, it is that used vehicles today are holding far more value than ever before. That is the case even as ... [Read More]

New CFO at OpenRoad Auto Group

TahirAyub
Auto Remarketing Canada Staff
OpenRoad Auto Group announced a new executive vice president and chief financial officer earlier this month, appointing former PricewaterhouseCoopers partner Tahir Ayub to the role.    Ayub was a partner at PwC for more than two decades and held several ... [Read More]

Axis Auto Finance highlights 5 accomplishments recorded in Q2

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Auto Remarketing Canada Staff
Five critical performance metrics Axis Auto Finance recorded during the second quarter of its 2021 fiscal year moved in positive directions. The finance company that specializes in the subprime space announced record results for the quarter that ended on Dec. ... [Read More]

Experts see Canadian economy rebounding after lockdowns hamper 2021 start

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Auto Remarketing Canada Staff
After Canada made improvements on the job front during the closing two months of last year, the employment picture turned murky again to begin 2021 triggered by a second wave of lockdowns because of the pandemic. However, experts are expecting ... [Read More]

LGM program works toward positive societal, environmental impact

social purpose
Auto Remarketing Canada Staff
Canadian F&I products provider LGM notes its track record of having a social conscience. The company created an Auto Dealers Against Distracted Driving campaign and recently helped create Canada’s first hydrogen fueling station. This month, LGM continued that track record by ... [Read More]

Online sales platform Digital Motors moves into Canada

Digital Motors
Auto Remarketing Canada Staff
Fueled by a $10 million Series A funding round, online sales platform Digital Motors has expanded into Canada. The company, which is based in Southern California, provides dealers and automakers a platform that facilitates a purchase process where the customer ... [Read More]

Pandemic repercussions affect Canadians’ approach to car buying

CBB
Auto Remarketing Canada Staff
Canadians are driving less. As a result, they are buying less. The result of less driving, says Canadian Black Book, is a reduced sense of urgency when it comes to buying a new vehicle. That is according to a CBB study ... [Read More]

AutoTRADER.ca survey: Car purchasing resilient through pandemic

TRADER
Daryl Lubinsky, Correspondent
Various themes emerged from a January AutoTRADER.ca survey of Canadian car shoppers. But TRADER Corp. vice president of marketing Lilian Lau highlighted one of the survey’s main insights. “Great news: People are buying cars,” she said. AutoTRADER.ca asked Canadian car ... [Read More]

Cox Automotive Canada expands senior leadership team

March 1 2021 CAC SLT Additions
Auto Remarketing Canada Staff
Cox Automotive Canada has expanded its senior management team, adding four new leaders, including longtime J.D. Power and Canadian Black book analyst Brian Murphy. Coming aboard as chief customer officer for Cox Automotive Canada is Laurent Villanueva, who was most ... [Read More]

ADESA Assurance provides 30-day vehicle return guarantee

ADESA Assurance
Auto Remarketing Canada Staff
ADESA has launched a new return guarantee available to ADESA and TradeRev customers in Canada that allows participating dealers to return eligible vehicles within 30 days for a full refund of the purchase price and associated buy fee. The new ... [Read More]

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