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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
SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here

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]

Super Dave’s Auto Sales looking to ‘stay ahead of the curve’ for independent dealers

Super Dave's Auto Sales
Sarah Rubenoff , Correspondent
Dave Barrow, owner and president of independent auto dealership Super Dave’s Auto Sales in Dartmouth, Nova Scotia, entered the car business in 2010 with no prior “car experience.”  But that didn’t stop Barrow, previously in real estate, from launching into ... [Read More]

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