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This Month's Focus

Turbocharged Finance
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3 primary capabilities of PayNearMe’s AI Servicing and Collections Agent
Almost a month ago, PayNearMe acquired the technology assets and hired the key employees of Marr Labs in a move described as one that will “help shape the future of payments.” The next development in that future involving artificial intelligence ... Read More
Fueled by more than $100M in strategic financing, MCO names new president
MyComplianceOffice (MCO) appointed John Schobel as president on Tuesday, as the provider of compliance management software for the financial services industry looks to continue its growth trajectory following the securing of more than $100 million in financing. MCO now serves ... Read More
ITOCHU invests in MOTER again to leverage connected-car technology
If you didn’t believe the modern vehicles you’re financing, retailing or repairing are smartphones rolling on four wheels, perhaps this investment announcement will sway your opinion. MOTER Technologies, an artificial intelligence-powered insurtech company that delivers a connected vehicle data platform ... Read More
Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
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

DealerRater Sets Dealer of the Year Finalists

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Auto Remarketing Canada Staff
Dealer review website DealerRater announced today the current leaders in its annual Dealer of the Year Awards Program for North America. The program awards Canadian and U.S. dealerships for distinction in outstanding customer service based on consumer reviews on the ... [Read More]

Nissan Canada Reaches 100K Annual Sales Goal

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Auto Remarketing Canada Staff
Nissan Group hit 100,000 new-car sales in Canada in a calendar year as of Nov. 13. This is the first time the company has met this goal since arriving in Canada.  With this milestone comes a 27-percent year-over-year sales spike, ... [Read More]

Manheim Promotes New GM of Montreal Location

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Auto Remarketing Canada Staff
Manheim appointed six new general managers this week, one of which will head up its Montreal location. As part of what the company calls “its continuing focus on developing talent and improving its customer experience," Christina St-Germain has been promoted ... [Read More]

Canadians Vote Honda & Toyota Tops For Quality

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Sarah Rubenoff, Auto Remarketing Canada Editor
It seems the vehicle preferences of Canadians haven’t changed much in the last year, as the 2014 iteration of ALG’s Canada Brand Perception of Quality (BPQ) rankings look very similar to the 2013 edition. Once again, Honda, Toyota and Volkswagen are tops ... [Read More]

TRADER Exchange Launches In Ontario Market

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Auto Remarketing Canada Staff
As of last week, Ontario dealers now have another choice when acquiring and selling inventory online. TRADER Corp. has officially launched its dealer-to-dealer TRADER Exchange platform to the Ontario market. The new online auction product launched last week with 230 ... [Read More]

Auction Prices Weakening This Fall

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Sarah Rubenoff, Auto Remarketing Canada Editor
October — a seasonally weak month in the lanes — didn’t bring any surprises this time around. According to the ADESA Canada Used Vehicle Price Index, after being adjusted for seasonality, wholesale prices fell by an average of 0.2 percent ... [Read More]

Carfinco Reports Record Originations for Q3

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Sarah Rubenoff, Auto Remarketing Canada Editor
Carfinco Financial Group Inc. — who recently penned a deal to be acquired by Banco Santander for $300 million — announced its third quarter results today, showing record loan originations and low delinquencies. Highlights for Q3 included what company management ... [Read More]

SiriusXM Canada Subscriber Wins Her Wheels

sirius xm car winner
Auto Remarketing Canada Staff
SiriusXM Canada recently announced the winner of its summer Win Your Wheels contest. Bonnie Stimers, a resident of Peterborough, won up to $40,000 to use toward a new or used vehicle purchase. The contest, which was available to any customer ... [Read More]

Mazda Canada Offers Unlimited Mileage Warranty

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Auto Remarketing Canada Staff
Mazda Canada Inc. announced a move today that may help its franchised dealers in their quest for customer retention, loyalty — and, of course, more trade-ins. The company has launched a new unlimited mileage warranty, which puts an end to ... [Read More]

AutoCanada Reports Best Quarter Ever

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Sarah Rubenoff, Auto Remarketing Canada Editor
After adding to its impressive acquisition lineup this year with the purchase of flagship BMW and Mini dealerships in Quebec, AutoCanada reported its best quarter ever as well as a few changes to its top management in light of recent ... [Read More]

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