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This Month's Focus

Turbocharged Finance
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Arvest Bank sees early successes with FICO Auto Score 10
Arvest Bank — a regional, full-service lender with more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri — recently upgraded to FICO Auto Score 10 in a move to give the institution a more precise view of borrower risk ... Read More
dealership employee COMMENTARY: The secret to accelerating funding in indirect auto lending
In the early 2000s, I sat at a dealership finance desk with a calculator, a stack of pay stubs, and a phone that wouldn’t stop ringing. I gathered stips by hand, calculated income line by line, and verified insurance, hoping ... Read More
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
NETSOL Technologies recently highlighted Mercedes-Benz USA has approved NETSOL as a digital retail provider for Mercedes-Benz dealerships. This move opens the brand’s dealer network to Transcend Retail, NETSOL’s digital retail platform. The platform gives buyers a single, continuous purchase experience, ... Read More
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here

Auction prices drop ‘significantly’ for 2nd month in a row

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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

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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

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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

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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]

3 brands cease sales of units with 3.0-litre diesel engines

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Auto Remarketing Canada Staff
Canadian branches of the Volkswagen, Porsche and Audi brands have all issued stop sales in light of the unexpected U.S. Environmental Protection Agency notice received Monday. This news comes after the five companies under Volkswagen’s umbrella that are involved in ... [Read More]

Dealership, cafe, housing: all in 1 complex

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Sarah Rubenoff, Auto Remarketing Canada Editor
Mixed-use developments are popular these days — think apartments over commercial properties such as cafes and restaurants. But, add automotive dealerships to the mix, and you have Downtown Automotive Group’s new project in the works: Riverside Square. The new development, ... [Read More]

CarProof, AARA launch full-scale partnership

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Auto Remarketing Canada Staff
With two months of pilot experience under their belts, the Association of Alberta Registry Agents (AARA) has announced the full-scale launch of its partnership with CarProof to provide free vehicle history reports. The free vehicle reports, which CarProof says are ... [Read More]

Automakers reporting CPO sales spikes to start Q4

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Sarah Rubenoff, Auto Remarketing Canada Editor
CPO sales in Canada are off to a quick start in Q4, with three automakers notching October records and all brands reporting sales increases for their respective certified programs. First up, Subaru Canada has notched another record month for CPO ... [Read More]

5 keys to understanding current auction environment

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Sarah Rubenoff, Auto Remarketing Canada Editor
To look deeper into today’s auction trends — from volume and pricing to the leasing market’s impact and U.S. exports — Auto Remarketing Canada reached out to Tom Kontos, executive vice president and chief client officer at ADESA Analytical Services. ... [Read More]

Recall appointments: Chance to secure more service business

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Sarah Rubenoff, Auto Remarketing Canada Editor
Xtime this week shared analysis that takes a look at how recall service appointments can lead to increased service revenue and opportunities for future business. Since 2014, there have been more than 10 million vehicles recalled in Canada, and during the past ... [Read More]

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