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
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
GM Canada calls on government to play role in auto innovation
Auto Remarketing Canada Staff
At a recent speaking event at the Canadian Club in Toronto, GM Canada president and managing director Steve Carlisle stressed the importance of the changing automotive sector — think electric vehicles, autonomous cars, vehicle sharing, car connectivity and more. Carlisle ... [Read More]
FCA Canada to re-enter leasing market
Sarah Rubenoff, Auto Remarketing Canada Editor
FCA Canada Inc. is returning to the leasing business through a partnership with Ontario-based SCI Lease Corp. The two companies will be offering a leasing option for shoppers on all FCA nameplates: Chrysler, Dodge, Jeep, Ram, Fiat and Alfa Romeo. ... [Read More]
AutoCanada chairman to buy Ontario Honda store
Auto Remarketing Canada Staff
AutoCanada’s executive chairman, Pat Priestner, announced this week that he is purchasing a Honda dealership via his holding company and a financing arrangement it has with AutoCanada. Priestner will own 100 percent of the equity and voting shares of the ... [Read More]
Dilawri announces new Infiniti store, REIT financial results
Sarah Rubenoff, Auto Remarketing Canada Editor
Dilawri Group of Companies announced the opening of its new dealership Infiniti Gallery this week, as well as the financial results of the Automotive Properties Real Estate Investment Trust it established this past June, the focus of which is speeding ... [Read More]
New inventory management player aims to automate VDPs
Sarah Rubenoff, Auto Remarketing Canada Editor
One word sums it up for the team at AIM Experts, a new inventory management company that arrived on the scene in 2014: automation. Rick Balkan, president of the company that features a Web portal designed to simply online inventory ... [Read More]
CarProof announces strategic partnership with OpenRoad
Sarah Rubenoff, Auto Remarketing Canada Editor
In a continuing effort to increase transparency in the used-car buying market as well as create new strategic partnerships for the company, CarProof announced this week it has teamed up with British Columbia’s OpenRoad Auto Group. CarProof and the fast-growing ... [Read More]
Auction prices drop ‘significantly’ for 2nd month in a row
Auto Remarketing Canada Staff
Wholesale prices in Canada have risen almost every month this year, but the tides began turning a bit in September when prices declined by 0.6 percent. And rates took another dip this past month. After being adjusted for seasonality, the ... [Read More]
TREND Financial increases credit facility by $45M
Auto Remarketing Canada Staff
Back in January, special financing company TREND Financial kicked off the year by signing an $81 million credit facility with Maxium Financial Services to keep up with growth — and now, the company is making way for every more expansion. TREND ... [Read More]
Porsche Canada breaks ground on new dealership, headquarters
Auto Remarketing Canada Staff
Porsche Canada announced today it has broken ground on the site that will be home to a new Porsche Center as well as the company’s new headquarters. The new dealership will be the fourth greater Toronto area Porsche Center, and ... [Read More]
AutoCanada to look east for future acquisitions
Sarah Rubenoff, Auto Remarketing Canada Editor
AutoCanada Inc. announced its third quarter results late Thursday, reporting an increase in revenue and gross profit. The company also shared with the investment community that it will be turning its sites on Eastern Canada in regards to acquisitions, as ... [Read More]
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