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
AutoCanada sees over 75% increase in Q2 revenue
Sarah Rubenoff, Auto Remarketing Canada Editor
AutoCanada held its second-quarter conference call on Friday, highlighting an impressive boost in revenue and gross profit — perhaps a direct result of the company’s aggressive acquisition strategy over the past year and into 2015. Revenue from existing and new ... [Read More]
Potential credit crisis coming for Canada’s oil regions
Sarah Rubenoff, Auto Remarketing Canada Editor
As the prices for oil continue to drop dramatically, this larger economic trend may begin to affect lenders in the auto space and beyond. A recent study from TransUnion asserted consumers and lenders should expect “sharp increases” in credit and ... [Read More]
OMVIC investigation results in curbsiding conviction
Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council reported recently it has caught another curbsider, or business acting as a motor vehicle dealer without registration. This is a violation of the Motor Vehicle Dealers Act, and Zhijun Wang of Toronto was recently ... [Read More]
July marks strong month for luxury CPO sales
Sarah Rubenoff, Auto Remarketing Canada Editor
July was a solid month for certified pre-owned sales, with one luxury automaker notching its best month ever, and multiple OEMs breaking July records, as well. First up, Porsche Approved CPO sales reached an all-time monthly record in July, with 154 ... [Read More]
Canada aligns vehicle emissions standards with US
Auto Remarketing Canada Staff
The Harper Government announced a plan to align the country’s emission regulations with the U.S. in an effort to cut down on air pollution from vehicles and gasoline. Environment Minister Leona Aglukkaq made the announcement last week, noting the new ... [Read More]
TRADER, CBB end vehicle listing business relationship
Sarah Rubenoff, Auto Remarketing Canada Editor
Two high-powered industry names — TRADER and Canadian Black Book — have decided to part ways in light of a failure to agree on contract renewal details related to online vehicles listings. When the time came to negotiate a new ... [Read More]
NHTSA consent order unlikely to affect FCA’s Canadian residuals
Josh Hyatt, Staff Writer
Fortunately for Canadian dealers, the recent agreement between Fiat Chrysler Automobiles and the National Highway Traffic Safety Administration in the United States is not expected to have any sort of negative market impacts for the brand in Canada. That’s according ... [Read More]
Dealers, law firm to appeal ruling in GM Class Action
Sarah Rubenoff, Auto Remarketing Canada Editor
Auto Remarketing Canada learned this week that the dealers who lost a class-action suit against General Motors of Canada Ltd. — the results of which were announced earlier this month — will appeal the ruling that GM did not did not breach any ... [Read More]
NSADA, Reynolds focused on F&I doc standardization
Sarah Rubenoff, Auto Remarketing Canada Editor
It was announced last week that Reynolds and Reynolds is partnering with the Nova Scotia Automobile Dealers Association (NSADA) to develop new F&I forms in an effort to help dealers simplify and smooth F&I transactions. As part of the partnership, ... [Read More]
Carfax reports now available on Carpages.ca listings
Auto Remarketing Canada Staff
Vehicle shopping website Carpages.ca announced this afternoon it has partnered with Carfax Canada in an effort to create a better online shopping experience for used cars. Now, buyers on the site will be privy to complementary Carfax Vehicle History Reports from ... [Read More]
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