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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

Prices up on used & new cars, but increase slowing

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Auto Remarketing Canada Staff
The retail prices of both new and used cars in Canada was on the rise last month compared to year-ago figures, but the rate of increase is slowing down, according to the latest autoTRADER.ca Price Index. The national median price ... [Read More]

New CFO set to join AutoCanada

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Auto Remarketing Canada Staff
Effective Aug. 12, AutoCanada will have a new chief financial officer. The North American multi-location dealership group currently operating 65 franchised dealerships, comprised of 27 brands, in eight provinces in Canada as well as a group in Illinois, appointed Mike ... [Read More]

Dilawri leverages HR4 as employee engagement software partner

partnership
Auto Remarketing Canada Staff
The Dilawri Group is leveraging technology in an effort to have a single tool to manage, develop and grow their employees. The group operating 72 franchises and employing more than 4,000 individuals recently chose HR4 as its exclusive HR and ... [Read More]

Calgary-based Foundation Automotive Corp. kicks off US expansion by purchasing 5 stores in Texas, North Dakota

Foundation
Auto Remarketing Canada Staff
Calgary-based Foundation Automotive Corp. has broadened its presence and entered the U.S. market, buying five stores throughout Texas and North Dakota. In what the company calls “just the beginning” of its growth plans this year, Foundation has purchased: — Henson ... [Read More]

CBB: Used-car price strength at historic high

dealership
Auto Remarketing Canada Staff
As Canadian Black Book put it, used-vehicle values in Canada “have never been stronger” than they were in May. The Canadian Black Book Used Vehicle Retention Index was at 105.8 last month, the highest reading in the near 15-year history ... [Read More]

DRIVING INSIGHTS: Why did that customer turn down your trade-in offer?

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Drew Harden, CARFAX Canada
If you want to win more trades, you need to know exactly what makes a buyer reject or accept a deal. Today’s used-car buyers are hard to impress: 45% of them that go through the trade-in process will turn down one ... [Read More]

Vincentric awards show importance of ownership costs in vehicle purchase

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Auto Remarketing Canada staff
Vincentric describes the 2019 Toyota Avalon as having the best fuel economy, lowest insurance cost, and lowest depreciation in its class. That helped the Avalon win the Vincentric Best Value in Canada award in the large sedan segment. Toyota Canada ... [Read More]

Used-vehicle retail prices up more than 4% in May

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Auto Remarketing Canada Staff
Retail used-car prices last month climbed more than 4% from last May, with Asian brand vehicles showing a particularly strong uplift. That’s according to the inaugural Retail Price Index from autoTRADER.ca, which was released earlier this week. Specifically, the national ... [Read More]

Impact Auto Auction adds features to AuctionNow platform

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Auto Remarketing Canada staff
New bidding features, including buyers’ ability to use a new “jump bid” option to bid with a single click, are among Impact Auto Auctions’ latest enhancements to its Impact AuctionNow online vehicle auction platform. Impact Auto Auctions, which is a ... [Read More]

New revenue growth opportunities on horizon for pre-owned dealers

dealership
Sarah Rubneoff, Correspondent
In the current market, revenue opportunities are likely a bit smaller for independent used-car dealers than their franchised counterparts. That said, that may be changing, or perhaps equalizing a bit in the near future. At HGreg.com (as Canadian dealer group ... [Read More]

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