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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

First-quarter CPO car sales in Canada

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Joe Overby, Senior Editor
Certified pre-owned car sales results in Canada are coming in, and several are reporting records.   Nissan and Infiniti, for example, both reported their best-ever months for certified pre-owned sales.  The Nissan brand increased its CPO sales from 687 in March ... [Read More]

GoToLoans unveils app to fund vehicle repairs

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Auto Remarketing Staff
Say your customer’s vehicle needs a significant repair like a new air conditioning compressor or timing belt replacement, but the client doesn’t immediately have the funds available to pay. A new Canadian fintech startup is deploying a solution to help ... [Read More]

Axis Auto Finance more than doubles credit facility

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Auto Remarketing Canada Staff
Axis Auto Finance now has more funding horsepower to help dealerships retail vehicles. According to a news release distributed this week, the publicly traded alternative auto finance company announced the closing of its new $100 million senior secured revolving debt ... [Read More]

CARFAX Canada provides trade-in values for service lane coupon program

mechanic
Auto Remarketing Staff
Using the Vin-UP hardware/software program, auto dealerships offer their service customers an “Instant Vehicle Valuation Coupon.” The coupon indicates that the store wants to purchase the vehicle and provides a cash price. VIP says its program helps auto dealers generate ... [Read More]

Latest ADESA Canada index reflects anticipation of spring

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Auto Remarketing Canada Staff
Perhaps like many dealers and consumers, the analysts who compiled the latest ADESA Canada Used Vehicle Price Index — powered by ALG — appear eager for spring to arrive, especially with the volume of new-vehicle sales in February. The February ... [Read More]

Canadian exec returns to lead Mazda Canada

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Auto Remarketing Canada Staff
When April 1 arrives in a little more than a week, Mazda Canada (MCI) will have a new president and chief executive officer in place. It’s a move that marks the first Canadian to be appointed president of Mazda Canada ... [Read More]

LeasePlan Canada, AiM partner to expand Canadian presence

partnership
Auto Remarketing Staff
Fleet management company LeasePlan Canada and vehicle inspection company Alliance Inspection Management say they are committed to providing Canada with vehicle condition reports for commercial fleets to increase the transparency and trust in transactions. A new partnership between those two ... [Read More]

Another month, another value milestone for Canadian used vehicles

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Auto Remarketing Staff
Another month has passed. That must mean another record high for Canadian used-vehicle values. That’s right: The positive trend for the Canadian market that started in the summer of 2010 continues. Canadian Black Book’s Used Vehicle Retention Index posted a ... [Read More]

Several brands post best Februaries for CPO sales

cars in showroom
Joe Overby, Senior Editor
Based on sales reports shared with Auto Remarketing Canada, at least three automakers had their best Februaries ever for certified pre-owned sales in Canada.  One of those was Porsche, which moved 169 units, same as last year. Year-to-date CPO sales are ... [Read More]

2019 Remarketing’s Under 40 honorees

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Auto Remarketing Canada Staff
The Canadian auto industry, be it retail, remarketing or finance, is full of young men and women who have achieved massive success at an early age. And for the fifth consecutive year, Auto Remarketing Canada is excited to honor many ... [Read More]

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