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This Month's Focus

Turbocharged Finance
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Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
CarLocal.io enhances automotive AI answer engine
Your family group chat might now be filled with images created with artificial-intelligence tools that highlight what your aunt would look like with a different hairstyle or your uncle’s appearance if he dropped 50 pounds. Car shoppers are also using ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

Cox Automotive Canada supports wildfire victims

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Auto Remarketing Staff
Cox Automotive Canada and its Manheim Edmonton, vAuto, VinSolutions, Xtime, DealerTrack and NextGear Capital business units have pledged their support to the wildfire-ravaged community of Fort McMurray, Alberta, in the form of a $30,000 donation to the Canadian Red Cross. ... [Read More]

Highlights of Canada’s CPO Market

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Joe Overby, Senior Editor
In April, Subaru Canada more than doubled its certified pre-owned sales total from a year ago, continuing what have been rapidly improving sales in 2016. Through four months, it has sold 613 CPO vehicles, compared to 241 in the same ... [Read More]

NextGear Capital appoints VP of Canada operations

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Auto Remarketing Canada Staff
NextGear Capital, a Cox Automotive brand, has appointed Joe Carusella to be national vice president of its Canada operations. Carusella brings more than 21 years of auto industry experience in the areas of operations, sales and finance. “We are excited ... [Read More]

NAAA Auction Standards Training coming to Toronto

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Auto Remarketing Canada Staff
The National Auto Auction Association will be taking its Auction Standards Training northward. NAAA is hosting this two-day training at Manheim Toronto on May 10 and May 11. The first day will delve into damage analysis, touching on everything from ... [Read More]

Consumer Trust Certified honors Canadian stores with top reviews

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Auto Remarketing Canada Staff
Earlier this week, autoTRADER.ca and Mobials announced the launched of a program that rewards dealers who consistently receive positive reviews from consumers. Dealers participating in this Consumer Trust Certified Program receive badges to display on their lots and online. The ... [Read More]

The Executive Issue: Nominations due Friday

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Auto Remarketing Canada Staff
Executives in the Canadian used-car and remarketing space juggle a host of responsibilities. They develop sensible strategies and lead teams to execute those plans, all the while remaining competitive and ready to adapt to the changing automotive environment. In an ... [Read More]

Details of Hyundai Capital Canada’s deal with ChannelNet

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Auto Remarketing Canada Staff
U.S.-based digital finance solutions provider ChannelNet has inked a deal with Hyundai Capital Canada to create customer lifecycle management programs and dealer portals in Canada for its Hyundai Motor Finance and Kia Motors Finance properties. “Digital customer experience is the ... [Read More]

New leader for Dealertrack Canada

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Auto Remarketing Canada Staff
There’s a new head of Dealertrack’s Canadian operations. The company announced Thursday morning that Richard Evans has been appointed vice president and general manager of Dealertrack Canada, a move that’s effective April 25. Evans was most recently vice president for ... [Read More]

RSR Global rolls out 3 new F&I solutions

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Auto Remarketing Canada Staff
This week, RSR Global launched three new solutions for Canadian dealers — GLOBAL ONE, GLOBAL DRIVE and GLOBAL U.   With the rollout of these solutions, RSR Global highlighted that it now offers a comprehensive suite of easy-to-deploy F&I products and ... [Read More]

Canadian Black Book’s new VP for research & editorial

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Auto Remarketing Canada Staff
Canadian Black Book has a new vice president of research and editorial, with former J.D. Power senior manager Brian Murphy taking over for Josh Bailey. The announcement was made late last month and was effective Tuesday. The company said Bailey “has ... [Read More]

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