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Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
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

Used-car sales down for AutoCanada as revenue, profits rise

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Joe Overby, Senior Editor
The used-car operations of AutoCanada showed softness in the second quarter, but the dealer group showed some overall lifts in its quarter results, including gains in total revenue and gross profits. AutoCanada said in its latest earnings release that it ... [Read More]

TransUnion’s Q2 report notes rise in outstanding balances

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Auto Remarketing Canada Staff
Canadian consumers continue to take on more debt to take delivery of the vehicle they want. According to TransUnion’s Canada Industry Insights Report released this week, the average outstanding balance on a contract rose during the second quarter by 2.57 ... [Read More]

Helby joins TSI Auto Solutions as director of dealer solutions

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Auto Remarketing Canada Staff
TSI Auto Solutions recently announced the company has named a new director to lead its Dealer Solutions division. Chosen for the position is Geoff Helby, who most recently led the Canadian arm of ALG. As director of Dealer Solutions, Helby will ... [Read More]

GM to voluntarily delist stock from Toronto exchange

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Auto Remarketing Canada Staff
General Motors said Wednesday its application for voluntary delisting of its common stock from the Toronto Stock Exchange in Canada has been approved. Company shares will stop trading on the TSX at close of markets on Nov. 30. The delisting ... [Read More]

TradeRev, ADESA partner in Canada to promote app at 14 locations

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Auto Remarketing Canada Staff
TradeRev has announced it will now have a physical presence in 14 ADESA auction locations after partnering with ADESA Canada to encourage dealers to use TradeRev’s mobile app before sending cars to a brick-and-mortar auction. Hands-on assistance from ADESA sales ... [Read More]

Steele Auto’s reputation, inventory programs boost Fairway Honda

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Sarah Rubenoff , Correspondent
Corey Stone, general manager of Fairway Honda — a Steele Auto Group store —  says being part of a well-known dealer group has been very beneficial for the store. The dealership, which has been in business over 25 years, has ... [Read More]

July’s 10 most-funded used-car models

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Joe Overby, Senior Editor
In its latest monthly report on Top Funded Used Vehicles, Dealertrack Canada spotlighted the 2016 Dodge Grand Caravan. For July, the minivan was third on the list, which is based on data from the Dealertrack online credit application network, and ... [Read More]

Strong CPO sales roll on in Canada

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Joe Overby, Senior Editor
When Joel Gregory, the national sales manager for CPO and remarketing at Hyundai Auto Canada, shared his brand's certified pre-owned sales results for July, he said via email: "The momentum continues." Indeed, it does.  Not just for Hyundai, where CPO sales ... [Read More]

Conquest programs popular with OEMs as luxury brand competition heats up

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Sarah Rubenoff , Correspondent
Aly Jiwani, general manager of The BMW Store, Rolls-Royce Motor Cars Vancouver and Mini Yaletown at OpenRoad Auto Group, is used to a large volume of sales. In fact, The BMW Store sells at least 2,500 cars a year, Jiwani ... [Read More]

OpenRoad Auto Group heads toward online buying in response to customer interest

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Sarah Rubenoff , Correspondent
These days, customer service is all about giving your clients what they want. Think about Amazon Wardrobe, for example. Now, Amazon Prime subscribers can get clothes delivered to their doorstep for free — and send them back for free if they ... [Read More]

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