NEW ROADS: Maven makes Toronto its 1st international launch
Thursday, Mar. 15, 2018, 05:02 PM
Joe Overby, Senior Editor
A densely populated area. Traffic congestion. A tech boom in the area. One of the largest cities in North America. Factors like these made Toronto the ideal choice for Maven’s first market outside the U.S., says Mark Latchford, who is the ... [Read More]
CARPROOF data-driven appraisal tool aims to consider ‘unique’ vehicle history
Thursday, Mar. 15, 2018, 02:13 PM
Chris Hart-Williams, Staff Writer
CARPROOF’s newly released data-driven appraisal tool — CARPROOF True Value — can provide more accurate values of used vehicles because it looks at vehicles' unique history, rather than just what it’s being listed for within a particular geographic area, according to company ... [Read More]
Remarketing’s Under 40 honorees for 2018
Tuesday, Mar. 13, 2018, 08:35 PM
Auto Remarketing Canada Staff
From dealers to auction executives, from leading professionals at third-party providers and auto finance companies — and everywhere in between — the Canadian auto industry is full of young men and women who have achieved massive success at an early ... [Read More]
Sym-Tech announces partnership to deliver Audi, Volkswagen branded F&I services
Thursday, Mar. 8, 2018, 03:25 PM
Auto Remarketing Canada Staff
Sym-Tech Dealer Services announced Tuesday a nationwide partnership with Audi Finance and Volkswagen Finance to deliver both the Audi After Care and Volkswagen Protection Plus branded suite of F&I products and services. The deal will be effective Nov. 1. Sym-Tech ... [Read More]
LGM Financial, Carfinco partner to provide dealers non-prime lending solution
Thursday, Mar. 8, 2018, 02:50 PM
Auto Remarketing Canada Staff
LGM Financial Services has partnered with Carfinco Financial Group to step into the non-prime financing market, the companies announced Monday. LGM will expand the F&I services its offers auto dealers by supporting a non-prime lending solution through Carfinco. Carfinco specializes in non-prime financing and ... [Read More]
Axis to acquire Trend Financial
Wednesday, Mar. 7, 2018, 04:02 PM
Auto Remarketing Canada Staff
Axis Auto Finance has signed a share purchase agreement to buy subprime finance company Trend Financial, the company announced late Tuesday afternoon. It’s a move that doubles the Axis portfolio — putting its net finance assets to roughly $110 million ... [Read More]
Audi, Subaru dominate ALG’s Canadian Residual Value Awards
Friday, Mar. 2, 2018, 03:08 PM
Auto Remarketing Canada Staff
Among 2018 model-year vehicles that have shown strong value in 26 segments, ALG recognized Audi and Subaru as top premium and mainstream brands, respectively, in its 10th annual Canadian Residual Value Awards (RVA). ALG presented winning automakers with their awards ... [Read More]
TransUnion Canada sees credit market functioning ‘correctly’
Thursday, Mar. 1, 2018, 03:26 PM
Nick Zulovich, Staff Writer
TransUnion Canada director of research and industry analysis Matt Fabian used the words credit, consumer and correctly within the same thought to describe the overall picture painted by TransUnion’s latest Canada Industry Insights Report Fueled by younger Canadians and overall ... [Read More]
PODCAST: Jeremy Belanger of SAL Group
Thursday, Mar. 1, 2018, 03:24 PM
Auto Remarketing Canada Staff
In this episode, Joe previews the Auto Remarketing Canada Conference with Cherokee Media Group president Bill Zadeits. Plus, AR Canada correspondent Sarah Rubenoff chats with Jeremy Belanger of SAL Group, who will be among the speakers at the March 27-28 event in ... [Read More]
Manheim Moncton launches with Cox Automotive Canada-TGNA partnership
Wednesday, Feb. 28, 2018, 08:07 PM
Auto Remarketing Staff
Cox Automotive Canada said Wednesday it has partnered with The Great Northern Auction and is launching Manheim Moncton to provide more remarketing service to the Atlantic Canada region. The weekly Manheim Moncton sales begin March 21 and will be facilitated ... [Read More]