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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
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

AutoCanada sells 13 US dealerships & is ‘actively engaged’ in divesting 4 remaining US stores

Auto Remarketing Canada Staff
AutoCanada has taken a major step toward divesting its U.S. dealerships. The retailer, which previously announced it has classified its U.S. operations segment as a discontinued operation, said Wednesday it has entered agreements to sell 13 American stores. AutoCanada anticipates ... [Read More]

PODCAST: Canadian dealers on navigating auto retail in the tariff era

Auto Remarketing Canada Staff
Since the beginning of this year, all sorts of experts have been talking about tariffs, analyzing the market and predicting what will happen as they take effect. But what about the REAL experts — the dealers who are out there ... [Read More]

LGM receives financial investment from Japan’s Marubeni Corporation

money-stack
Auto Remarketing Canada Staff
LGM Financial Services has received a financial boost from the East. The Vancouver-based F&I provider announced a strategic financial investment from Marubeni Corporation, one of Japan’s largest investment business conglomerates. LGM said the partnership “marks a powerful step forward in ... [Read More]

Atlantic Canada auto theft claims down in 2024, but IBC calls for action to reverse long-term upward trend

Ottawa hosts National Summit to combat auto theft.
Auto Remarketing Canada Staff
Auto theft insurance claims were down slightly in Atlantic Canada last year, but that doesn’t mean the problem is going away, Insurance Bureau of Canada said. IBC’s data on the cost of auto theft in the region shows a 10-year ... [Read More]

AutoCanada seeks new CEO as Antony transitions out of executive chairman role

Auto Remarketing Canada Staff
Paul Antony, who has led AutoCanada for the past seven years, informed the board of directors he will transition out of his role as executive chairman, the dealership group announced. In a news release distributed Friday morning, the company said ... [Read More]

PODCAST: Examining Canadian CPO market

Auto Remarketing Canada Staff
A session at Canada’s Used Car Week featured a mix of automaker and dealership executives, who examined Canada’s certified pre-owned vehicle market, how CPO sales are faring, OEM-dealer partnerships, challenges and opportunities in CPO, vehicle supply dynamics and more. Cherokee ... [Read More]

PODCAST: 7 top executives discuss Canadian wholesale market

Auto Remarketing Canada Staff
One of the highlights of Canada’s Used Car Week was a stage full of top executives from the wholesale market. Cherokee Media Group’s Joe Overby led a conversation with these executives, who discussed macroeconomic, technological and market factors impacting their ... [Read More]

Canadian car owners’ earnings through Turo reach $300 million milestone

Auto Remarketing Canada Staff
Turo has reached a milestone. Or, rather, the car owners who use it have. The car-sharing marketplace, which bills itself as the world’s largest, said the total amount earned by Canadian car owners sharing their vehicles on the platform since ... [Read More]

Flat week for cars in Canada’s wholesale used-vehicle market

Auto Remarketing Canada Staff
In an often volatile market, Canadian wholesale used-car prices were remarkably stable — at least for a week. Values for the car segments tracked by Canadian Black Book’s weekly Market Insights report fell just 0.04% for the week ending July ... [Read More]

IBC urges government to act as auto theft claims costs soar in Alberta

Auto Remarketing Canada Staff
The cost of auto theft has spiked dramatically in Alberta over the past three years, according to data from Insurance Bureau of Canada. The national trade association representing insurers said auto theft claims costs in the province have risen 65% ... [Read More]

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