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
March CPO Results Reveal Record Sales
Sarah Rubenoff, Staff Writer
This past month’s certified pre-owned sales revealed an all-time record month for one OEM, as well as a few automakers that enjoyed their best first month of spring for certified ever. The 116 CPO vehicles sold at Porsche Canada in ... [Read More]
AutoCanada Braving Sales Winter in First Quarter
Josh Hyatt, Staff Writer
AutoCanada recently reported strong results for the fourth quarter and full year of 2014 during its last quarterly conference call, outlining across-the-board improvements in profitability. What the group wanted to bring more attention to, however, is the sales strife it ... [Read More]
Used Supply, Gas Prices Playing Role in Residuals
Auto Remarketing Canada Staff
As spring gets underway, used supply is expected to rise, pushing pre-owned prices down slightly over the course of this month and April. That’s according to the March-April Canada Industry Report from ALG Canada, which predicts used market supply to ... [Read More]
New GM Named at ADESA Ottawa
Auto Remarketing Canada Staff
ADESA announced today that it has named a new general manager at ADESA Ottawa. Most recently serving as the auction’s assistant GM, Jason McClenahan now takes on the position of GM, where he will be responsible for the auction’s market ... [Read More]
Infiniti Canada Names Managing Director After Record Year
Auto Remarketing Canada Staff
Infiniti Canada has named a new managing director, effective April 1. Stephen Lester has been chosen for the role and will be reporting to Christian Meunier, president, Nissan Canada Inc. and Randy Parker, vice president, Infiniti Americas. Lester was most ... [Read More]
AutoCanada Sees Double-Digit Jump in Used Revenue
Auto Remarketing Canada Staff
AutoCanada hosted its quarterly conference call on Friday, outlining its financial results for the fourth quarter and full year of 2014. The group saw some of its largest year-over-year increases in a couple of its used-vehicle sectors: used-vehicle sales and ... [Read More]
Black Book Buys Distributer Of Canadian Black Book Values
Auto Remarketing Canada Staff
It was announced this afternoon that Black Book has completed the purchase of William Ward Publishing — the exclusive distributor of Canadian Black Book vehicle values. CBB is utilized as a valuation guide by financial institutions and dealers across Canada. ... [Read More]
AutoCanada To Open New Kia Store in Winnipeg
Auto Remarketing Canada Staff
Coming off a year during which growth and acquisitions were a top priority, AutoCanada is continuing to expand with the announcement it will build an open-point Kia dealership in Winnipeg, Manitoba. The dealer group announced this week it has signed ... [Read More]
AutoPlanet Purchases Performance Auto Group
Auto Remarketing Canada Staff
We are still in the first quarter, but waves are already being made on the dealership acquisition front. It was recently announced that AutoPlanet Automotive Group has bought the largest automotive group in Niagara. Brampton-based AutoPlanet announced this month is ... [Read More]
Auction Prices Rise Across The Board In February
Auto Remarketing Staff
Wholesale prices were on the way up in February, with analysts reporting price spikes across the board for all segments, even as the Canadian economy was feeling the impact of depreciation on the Canadian dollar. The Manheim Canada February used-vehicle ... [Read More]
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