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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

PODCAST: Navigating tight credit & negative equity in Canadian auto finance

Auto Remarketing Canada Staff
Next up on our series of Auto Remarketing Podcast episodes from Canada’s Used Car Week in June, Autocorp.ai founder and CEO Andrew Lemoine leads a panel discussion that seeks to answer this question: “Credit is tight. Negative equity is the ... [Read More]

AutoCanada closes its fourth U.S. dealership sale, adds to board of directors

Auto Remarketing Canada Staff
AutoCanada’s parting with its American dealerships continues. The Edmonton-based dealership group said the sale of North City Honda in Chicago has been completed. It’s the fourth deal to close among the six locations included in sale agreements announced by AutoCanada ... [Read More]

Kot extends its multi-year partnership with AutoTrader.ca

Auto Remarketing Canada Staff
Kot Auto Group announced it has renewed its multi-year partnership with Canadian automotive marketplace AutoTrader.ca. The dealership group said the agreement is “underpinned by a common vision of driving measurable growth” for its 11 retail locations in British Columbia through ... [Read More]

AutoCanada’s recovery has Antony taking a ‘victory lap’ before his exit

Andrew Friedlander, Associate Editor
Paul Antony’s tone was somber as he addressed analysts and media in AutoCanada’s second quarter 2024 earnings call, telling them the company’s “recent performance has not met our own expectations” in the wake of sinking revenue and a reported $33.1 ... [Read More]

Dealer news: AutoCanada parts with two more U.S. stores; Dilawri opens new Land Rover facility; HGreg staffers honored

Auto Remarketing Canada Staff
AutoCanada’s exit from the U.S. market moved another step forward this week. The Edmonton-based dealership group announced it has closed on the sale of Chevrolet of Palatine and Hyundai of Palatine in Palatine, Ill., for $9.3 million Canadian in cash. ... [Read More]

Clutch report: Canadians find used-car buying process problematic

Auto Remarketing Canada Staff
More than two-thirds of Canadians are mistrustful of car dealers, according to a report from online used-vehicle retailer Clutch. The Used Car Buyers’ Confidence Report, conducted by Angus Reid on behalf of Clutch, found 68% of survey respondents said they ... [Read More]

PODCAST: Vivian Liu wants to make automotive easy

Auto Remarketing Canada Staff
Vivian Liu is the CEO of Making Auto Easy, a platform designed to help dealers turn the manual meet-and-greet into a more efficient digital experience. In June, she joined the Canada’s Used Car Week Live Stage, presented by SYCN Auto ... [Read More]

Fitch Ratings projects impact from mild recession on auto ABS in Canada

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Auto Remarketing Canada Staff
Discussing securitizations, used-car values and more, Fitch Ratings offered multiple projections on Monday, including how auto loan ABS asset performance is weakening from the economic slowdown given the economy’s susceptibility to reduced U.S. growth and trade. Fitch is expecting a ... [Read More]

‘Pull-forward’ effect pulls used cars to strong performance in first half of 2025

Auto Remarketing Canada Staff
For all the concerns about political and economic turmoil, the first half of 2025 has been pretty good for used cars in Canada. AutoTrader’s Q2 Price Index report shows used sales and prices were up in the second quarter and ... [Read More]

Clutch CEO joins OMVIC’s advisory council; new facility signals sales expansion to BC

Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council has appointed Dan Park, CEO of Canadian online used-car retailer Clutch, to its Industry Advisory Council, an addition Clutch said provides “a modern, technology-driven perspective … at a pivotal moment for the automotive industry.” ... [Read More]

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