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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

Mercedes-Benz Canada recognizes top 11 dealers

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Auto Remarketing Canada Staff
Mercedes-Benz Canada recently announced the winners of its 2018 Star Dealers award, which recognizes the top performing dealerships that have contributed to the company's success. The awards program acknowledged 11 Mercedes-Benz Canada dealers from across its national network of 59 retail operations for robust customer ... [Read More]

AMVIC announces new CEO

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Auto Remarketing Canada Staff
The Alberta Motor Vehicle Industry Council board of directors announced Wednesday that Malcolm Knox has been named as the organization’s chief executive officer, effective Jan. 29.   AMVIC said Knox is both a highly organized strategic thinker and analytical problem solver with ... [Read More]

iA Financial Group closes DAC purchase

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Auto Remarketing Staff
 iA Financial Group has wrapped up its purchase of Dealers Assurance Company and Southwest Reinsure Inc., a company collectively known as DAC. The deal to purchase the privately owned vehicle service contract company was first announced on Sept. 21. DAC ... [Read More]

Otolane partners with Autonum Capital and KM Plus

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Auto Remarketing Canada Staff
Along with a relationship with Autonum Capital, Otolane announced that it has partnered with KM Plus to provide additional protection for buyers and sellers online with the release of TotalCare, a new 30-day wholesale protection plan that will cover up to ... [Read More]

CADA to launch recruiting campaign aimed at millennials, women, military veterans

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Auto Remarketing Canada Staff
The Canadian Automobile Dealers Association (CADA) announced at the Montreal International Auto Show that it plans to launch a national recruiting campaign aimed at groups such as millennials, women, new Canadians and military veterans. Auto dealerships currently employ around 150,000 ... [Read More]

Reynolds and Motoinsight partner to help dealers access financing data

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Auto Remarketing Canada Staff
Canadian dealers now have another way of verifying incentive levels and other financing data associated with a vehicle a potential buyer is considering. This week, Reynolds and Reynolds Canada and Motoinsight announced an agreement that will enable dealers that use ... [Read More]

5 benefits of Otolane partnership with NextGear Capital

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Auto Remarketing Canada Staff
Canadian wholesalers now have another financial tool available to help stores get the inventory they need. As part of its efforts to drive innovation in the remarketing industry, Otolane — a growing dealer-to-dealer digital marketplace — announced this week that ... [Read More]

Dealertrack’s top-funded cars experience year-end price gains

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Auto Remarketing Canada Staff
At the close of 2017, Dealertrack Canada saw significant annual price gains for used vehicles in its network. The Average Cash Price of the Top 10 Funded Used Vehicles in its online credit application network rose by 5.23 percent compared ... [Read More]

Mercedes-Benz Canada appoints Muller to oversee all Toronto, Vancouver stores

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Auto Remarketing Canada Staff
Mercedes-Benz Canada announced Wednesday that this year each of its 11 corporate stores will now report to the newly appointed vice president of corporate retail — Robert Muller. Previously, the company’s seven Toronto Retail Group (TRG) and four Vancouver Retail Group (VRG) locations ... [Read More]

Wholesale car price behavior in last month of 2017

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Joe Overby, Senior Editor
Canadian Black Book’s second-ever release of its Used Vehicle Retention Index points to a wholesale car market that closed the year with quite a punch. Wholesale vehicle values were up 3.8 percent year-over-year in December, keeping alive the used-car price ... [Read More]

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