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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

Canadian Black Book enters lead-generation game

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Josh Hyatt, Staff Writer
Sixty to 70 percent. That’s the varying statistic of visitors on the Canadian Black Book website that say, during its evaluation process, they’re interested in purchasing a vehicle in the next month. That’s according to the Brad Rome, CBB’s president, ... [Read More]

Cassels Brock to dole out $45M in damages to GM class-action dealers

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Sarah Rubenoff, Auto Remarketing Canada Editor
A final ruling has been made in the class-action lawsuit filed against General Motors of Canada in regards to actions taken to close dealerships amid the economic downturn. With that, the claims against GMCL have been dismissed. That said, Justice Thomas ... [Read More]

June auction price trends defy seasonality

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Sarah Rubenoff, Auto Remarketing Canada Editor
Wholesale price movement this past month didn’t follow the expected seasonal trends in the lanes, instead spiking by almost 1 percent. The ADESA Canada Used Vehicle Price Index, powered by ALG, has been updated and shows the index rose after ... [Read More]

Dent Wizard launches Ding Shield Drive

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Auto Remarketing Canada Staff
Automotive reconditioning company Dent Wizard International has launched a service plan for dealerships that acts as a way for service departments to connect with customers. The company has taken Ding Shield — already sold in dealership F&I offices — and ... [Read More]

Canadian dealers navigate lucrative export market

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Josh Hyatt, Staff Writer
Canadian dealers, especially in some of the country’s largest markets, nowadays find themselves in an interesting situation. They can put in all the work associated with the retail sale of a vehicle in their inventory to someone in their market. ... [Read More]

June brings CPO gains for Canadian OEMs

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Sarah Rubenoff, Auto Remarketing Canada Editor
June was another strong month for Canadian certified pre-owned sales, with many automakers experiencing record CPO sales and impressive year-over-year gains. Volkswagen Canada experienced its best June on record for certified sales, with dealers delivering 1,587 CPO vehicles. This represents a ... [Read More]

Number of segments to see auction price drops by end of year

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Auto Remarketing Canada Staff
Though used prices were still on the way up in May as summer neared, according to RVI data, analysts are still predicting a slow downturn in auction prices — potentially causing some relief for dealers and buyers in the lanes ... [Read More]

Luxury-vehicle sales hit double-digit gains in Canada

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Auto Remarketing Canada Staff
Scotiabank released its Global Auto Report this week, highlighting a record sales month in Canada for the month of May. Carlos Gomes, the senior economist and auto industry specialist at Scotiabank, summarized May’s achievement. “Sales in Canada set a record ... [Read More]

Element to purchase GE Capital’s Fleet Ops in US

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Sarah Rubenoff, Auto Remarketing Canada Editor
Toronto-based Element Financial Corp. announced today that it is purchasing GE Capital’s remaining fleet operations in the U.S. and Mexico, and Australia and New Zealand — an all-cash deal worth $8.6 million in Canadian dollars. Element had previously acquired the ... [Read More]

Luxury diesel models good sell for cost-conscious shoppers

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Sarah Rubenoff, Auto Remarketing Canada Editor
Though diesel vehicles might not be the easiest sell these days, the latest results from Vincentric’s first Canadian Diesel Analysis might give dealers some talking points when trying to convince shoppers of the benefits of these units. According to the ... [Read More]

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