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
FICO uncovers 7 trends about Canadians and auto financing
Auto Remarketing Canada Staff
The latest research endeavor by Silicon Valley analytic software firm FICO showed a vast majority of Canadian consumers is much more likely to have confirmation the vehicle they found online has four-wheel drive before they have the financing available to ... [Read More]
COMMENTARY: How car dealerships can dominate the subprime market
Sonny Dhanoya, Canada Drives
According to Statistics Canada, the average Canadian household spends an average of $11,000 annually on private transportation. Vehicles are typically the second most expensive asset owned, after a home, and buying a vehicle is a significant event in a person’s ... [Read More]
New Cox Automotive Canada, Otolane partnership lets clients co-list vehicles on Manheim.ca
Auto Remarketing Canada Staff
Cox Automotive Canada announced Monday that a new partnership with Otolane allows dealers throughout Ontario and Quebec to co-list pre-owned vehicles with both Manheim.ca and the Otolane digital marketplace. Montreal-based Otolane facilitates the selling process via a platform that provides ... [Read More]
Axis Auto Finance finalizes acquisition of Trend Financial
Auto Remarketing Canada Staff
To borrow a phrase from vehicle delivery vernacular, the acquisition of Trend Financial by Axis Auto Finance “rolled over the curb” this week. According to a news release, Axis said its acquisition of all of the issued and outstanding securities ... [Read More]
IARA names Eric Janca as new Canada Committee co-chair
Auto Remarketing Canada Staff
The International Automotive Remarketers Alliance announced this week a new Canada Committee co-chair. Chosen for the IARA Canada position is Eric Janca, lease maturity and remarketing manager at SCI Lease Corp. Janca was also a speaker at the Auto Remarketing ... [Read More]
AutoCanada enters US with Grossinger Auto Group purchase
Auto Remarketing Canada Staff
AutoCanada is expanding south of the border with its recent purchase of the Illinois-based Grossinger Auto Group. With the acquisition, AutoCanada adds eight dealerships to its lineup in metro Chicago, plus another six luxury brand dealership in an auto mall ... [Read More]
Women & Automotive preview: Networking is the new resume
Logan Keirstead, Accu-Trade Canada
Another year has come and gone, which means another Women & Automotive: Canadian Leadership Forum is here! Having been fortunate enough to attend every event to date, I’m very excited to be hosting a panel at this year’s event. This ... [Read More]
OpenRoad launches Western Canada’s 1st Karma dealership
Auto Remarketing Canada Staff
OpenRoad Auto Group recently announced that it has opened Western Canada’s first Karma Automotive dealership – its new KARMA VANCOUVER location. The Karma Automotive dealership is one of only three in the country. The store is also where the 2018 Karma ... [Read More]
Poll: More than quarter of Canadian auto consumers likely to buy car online
Auto Remarketing Canada Staff
Canadian auto sales have enjoyed record sales the past few years — but it looks like those numbers may have topped out in 2017. That’s according to recent Canadian Black Book poll research that shows 51 percent of Canadian automotive ... [Read More]
Canadian certified car sales through 2 months of year
Joe Overby, Senior Editor
Automakers shared their certified pre-owned sales results with Auto Remarketing Canada for February, and below is a rundown of how auto brands are faring through two months of the year. Starting with Audi, the automaker increased CPO sales by 29.4 percent ... [Read More]
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