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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

AutoTrader listings available on ChatGPT platform through new integration

Auto Remarketing Canada Staff
Artificial intelligence is the latest wave in the automotive world, and AutoTrader is diving right in. AutoTrader has launched an integration with ChatGPT, which the company said makes it the first Canadian vehicle marketplace directly available on the popular AI ... [Read More]

Nearly 1 million Canadian vehicles have open recalls, Carfax Canada data shows

Auto Remarketing Canada Staff
Almost 1 million vehicles on Canadian roads are operating with unrepaired recalls, according to data generated by Carfax Canada’s vehicle history reports. Unfixed recalls are very common, the company said. They can include issues such as malfunctioning airbags, electrical problems ... [Read More]

Canadian wholesale used-car market’s slide slows

Auto Remarketing Canada Staff
Canadian wholesale used-vehicle values continued falling during the week ending Jan. 24. But the fall was a much gentler one than those of recent weeks. According to Canadian Black Book’s Market Insights report, wholesale prices dropped 0.28%, well below the ... [Read More]

Sale of Chicago Toyota store the latest step toward AutoCanada’s U.S. exit

Auto Remarketing Canada Staff
AutoCanada’s move out of the U.S. continues with the sale of Toyota of Lincoln Park in Chicago to Murgado Automotive Group. The Edmonton-based dealership and collision repair group said the deal is worth $11.2 million in cash for goodwill and ... [Read More]

Canadian used wholesale market continues downward trend

Auto Remarketing Canada Staff
The Canadian wholesale used-car market’s downward slide continued in the week ending Jan. 17. Canadian Black Book’s Market Insights report showed values down 0.55% for the week, the fifth time in six weeks the market has sunk by 0.50% or ... [Read More]

AutoCanada adds another Edmonton location to its thriving collision repair business

Auto Remarketing Canada Staff
AutoCanada’s transformation from a financially struggling operation to a growing company has reached the stage at which it’s a buyer in the M&A market. And as interim CEO Sam Cochrane said during the dealership group’s third-quarter earnings call in November, ... [Read More]

Mercedes brings its EV charging network to Canada with 3 hubs in Vancouver area

Auto Remarketing Canada Staff
Mercedes-Benz is bringing its electric vehicle charging infrastructure to Canada. Mercedes-Benz High-Power Charging began that process by opening three Canadian locations, the first of eight high-power charging hubs set to come online in the Vancouver metro area over the next ... [Read More]

Some things never change: Toyota, Lexus again top brands in J.D. Power’s Canada Residual Value Awards

Auto Remarketing Canada Staff
Change is a constant in the car business. Just not when it comes to J.D. Power’s Canada ALG Residual Value Awards. For the seventh consecutive year, Toyota claimed the top prize among mass-market brands, while its sister brand Lexus was ... [Read More]

Canadian auction sales looking up in new year

Auto Remarketing Canada Staff
Things are looking up at Canadian auto auctions. Especially the sale rates. According to Canadian Black Book’s latest Market Insights report, the average auction conversion rate for the week ending Jan. 10 was 50.8%, varying between 23.7% and 95%. It ... [Read More]

Neo Financial survey: 46% of Canadians say building credit is harder than ever

Auto Remarketing Canada Staff
There’s a notable possibility that the potential car buyer at your dealership who needs financing to take delivery is more than a little skeptical about getting the necessary credit. According to a new national survey from Neo Financial, nearly half ... [Read More]

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