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
PODCAST: Women & Automotive honorees on ‘Calm Counsel Amid Stormy Times’
Auto Remarketing Canada Staff
Next up on our series of Auto Remarketing Podcast episodes from Canada’s Used Car Week in June is a panel discussion with honorees from the Women & Automotive Profiles in Leadership program. It’s titled, “Calm Counsel Amid Stormy Times.” Jamye ... [Read More]
Canada’s EV charging infrastructure gets boost from government, Kia
Auto Remarketing Canada Staff
The Canadian government is backing its commitment to electric vehicles with dollars. Minister of Housing and Infrastructure Gregor Robertson — the minister responsible for Pacific Economic Development Canada — speaking on behalf of Minister of Energy and Natural Resources Tim ... [Read More]
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
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]
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