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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

CPO rundown: Audi Canada’s best-ever month & more

row of cars 3
Joe Overby, Senior Editor
Audi Canada had its best month ever for certified pre-owned sales, moving 662 units for an 8-percent year-over-year gain. It sold 3,324 CPO units in the first half of the year for a 6.7-percent increase. Porsche had its best June ... [Read More]

How past US wholesale movements are shaping future Canadian trends

gavel 4
Nick Zulovich, Staff Writer
If Canadian dealers have watched what’s happened within the wholesale market in the U.S., they likely have an inkling of what's coming down the lanes from British Columbia to Nova Scotia. Chief economist Tom Kontos summarized his recent presentation during ... [Read More]

F-150, Corolla remain Canada’s most-appraised vehicles

Toyota
Sara Schweiger, Staff Writer
You could very well look at Dealertrack’s  Tradetracker June vehicle appraisal report and think you were looking at any such report from the last several months. Continuing a year-to-date trend, the Ford F-150 and the Toyota Corolla were the No. ... [Read More]

Car-trading platform, European data-mining solution team up

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Auto Remarketing Canada Staff
Otolane, an online used-car trading platform for North American dealers and wholesalers, has entered an exclusive partnership with Le Parking that will bring the Europe-based used-car listing data mining platform to the U.S. and Canadian pre-owned car markets. Through the ... [Read More]

Canadian residual values up, but not for long

Analysis
Sara Schweiger, Staff Writer
Used-car prices in Canada were up on both a sequential and year-over-year basis in May, but that’s not expected to last, according to a report from RVI Group. In its most recent quarterly Risk Outlook report, RVI predicts that a ... [Read More]

Vincentric reveals Best Value in Canada honorees

Awards
Auto Remarketing Canada Staff
Toyota, Mazda and Ford were the top mainstream brands while BMW and Volvo took top luxury brand honors in Vincentric's fifth annual Best Value in Canada awards. Honda also fared well, with four vehicles winning Vincentric awards. At the manufacturer ... [Read More]

Copart launches website for Canadian members

Launch
Auto Remarketing Canada Staff
Copart Canada has launched a website tailored to its Canadian members. The site, copart.ca, continues to use Copart’s proprietary VB3 auction technology while further enhancing members’ experience with Canadian inventory and content. “It’s really exciting to launch copart.ca, a site specifically ... [Read More]

Thoma Bravo to acquire TRADER Corp. in $1.575B deal

CompanyNews
Auto Remarketing Canada Staff
Private equity investment firm Thoma Bravo LLC announced it will acquire TRADER Corp., Canada’s leading digital automotive marketplace and software solutions provider, for $1.575 billion (CAD), from funds advised by Apax Partners. The transaction is expected to close by the fourth ... [Read More]

On Tap: Leading Dealer Groups of Canada

leadingDealerGroup
Auto Remarketing Canada Staff
The next issue of Auto Remarketing Canada will spotlight the Leading Dealer Groups of Canada. In this special edition, we will showcase some of the country’s oldest, biggest and most influential dealer groups, as well as the up-and-comers making waves ... [Read More]

How AMVIC aims to boost compliance

Compliance
Auto Remarketing Canada Staff
The Alberta Motor Vehicle Council is tightening its consumer protection education requirements to improve compliance with the laws. As such, any automotive salesperson who has been out of the industry for more than three years must now successfully retake the ... [Read More]

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