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
F-150 continues to be most-appraised vehicle in Canada
Auto Remarketing Canada Staff
According to the Dealertrack's monthly Tradetracker Used Vehicle Market Report, The Ford F-150 and the Toyota Corolla remained the top two most-appraised vehicles in Canada in August, as has been the case year-to-date. Rounding out the top five in August were ... [Read More]
Impact Auto Auctions website has updated look, new features
Auto Remarketing Canada Staff
Impact Auto Auctions has launched a revamped website featuring a new interface, an advanced search function and a streamlined registration process as well as two tools that are designed to make the bidding process easier for customers seeking salvage vehicles. ... [Read More]
Dealership news roundup: REIT to buy Pfaff Audi property
Auto Remarketing Staff
The Automotive Properties Real Estate Investment Trust has agreed to a deal with a third-party vendor to buy the Pfaff Audi dealership property in Vaughan, Ontario. The purchase price of the property is $17.2 million, REIT said in a news ... [Read More]
Report shows acceleration in global vehicle sales
Sara Schweiger, Staff Writer
Scotiabank’s recently released Global Auto Report paints a rosy picture — one that pleasantly surprised analysts with the Toronto-based bank. “We came into the year expecting global purchases to advance by about 3 percent,” Carlos Gomes, senior economist and auto ... [Read More]
Kijiji Canada appoints head of sales, autos
Auto Remarketing Canada Staff
Kijiji Canada, part of the eBay Classifieds Group, has hired Leanne Kripp to be head of sales, autos. In her new role, Kripp will help to identify business opportunities and partnerships that will support continued growth. Kripp joins Kijiji’s Toronto office ... [Read More]
TRADER Corp. partnership creates ‘Coherent Path’ to buying decisions
Auto Remarketing Canada Staff
TRADER Corp. has announced an exclusive partnership with Toronto-based Coherent Path that is bringing “big data” to the Canadian auto industry. Years of data on autoTRADER.ca indicates that consumers don’t tend to begin their journey with a clear path to ... [Read More]
Q1 average amount financed at origination tops $30K
Nick Zulovich, Staff Writer
Along with deeper analysis into delinquencies, TransUnion’s director of research and analysis in Canada Jason Wang shared exclusive data with Auto Remarketing Canada that pinpointed the swift upward trajectory consumers are taking with regard to how much auto finance debt ... [Read More]
TradeRev hires manager of operations for Canada
Auto Remarketing Canada Staff
TradeRev, a mobile vehicle appraisal and auctioning system for dealers, has hired John Farquharson as the manager of operations for Canada. Farquharson will oversee the support and arbitration departments and administrative operations throughout Canada. He will also be responsible for ... [Read More]
Audi hits best July for CPO
Joe Overby, Senior Editor
Several automakers have reported their latest certified pre-owned sales results to Auto Remarketing Canada, and one of the highlights of the bunch was Audi Canada, which had its strongest July to date. It sold 597 certified cars last month, a 3-percent gain over ... [Read More]
Ontario & British Columbia lead Q2 consumer credit performance
Auto Remarketing Canada Staff
For dealerships and finance companies with significant customer bases hailing from Ontario and British Columbia, TransUnion shared some good news this week pertaining to the frequency with which these contract holders are staying current. Ontario and British Columbia consumers are ... [Read More]
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