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
Auction Price Movement a Mixed Bag in August
Auto Remarketing Canada Staff
Used-car prices began falling slightly in the lanes as summer drew to a close. According to the latest RVI Market Update released this week, the RVI Used Vehicle Price Index, which measures the wholesale values of used vehicles ages 2 to ... [Read More]
Chrysler, GM Add to 2014 Recalls This Week
Auto Remarketing Canada Staff
Both Chrysler Group and General Motors announced more recalls this week, adding to the unprecedented list of reported issues this year. Chrysler Group is recalling an estimated 230,760 sport utility vehicles around the world —15,898 of which are in Canada ... [Read More]
Mazda Dealership Links Clean Cars to Used Success
Sarah Rubenoff, Auto Remarketing Canada Editor
Mazda De Laval was focusing on certifying vehicles in-house long before the Mazda Canada certified pre-owned program hit the market. Now, store president Richard Labelle says, the dealership capitalizes on the fledgling certified program — launched in 2012 — by ... [Read More]
Industry Supports Vehicle Emission Regulation Amendments
Sarah Rubenoff, Auto Remarketing Canada Editor
The Canadian Vehicle Manufacturers' Association (CVMA) as well as the Global Automakers of Canada praised the Canadian government’s latest move to reduce vehicle greenhouse gases and smog causing emissions. The Environment Minister Leona Aglukkaq announced Monday expected amendments to Canada's ... [Read More]
XLane Reveals Its New Online Auction Marketplace
Sarah Rubenoff, Auto Remarketing Canada Editor
Announced this afternoon another player is entering the online dealer-to-dealer auction ring. Software company XLane Holdings Inc. revealed today its new product InstantAuction. Company management says the new tool “puts the dealers in control” and offers a new level of ... [Read More]
RouteOne Canada Gives Dealers Another Way to Serve Subprime Customers
Auto Remarketing Canada Staff
RouteOne Canada Corp. announced its integration today with CTL Corp. — a specialty finance company serving customers looking for non-traditional credit options. The companies say this move will help dealer clients in servicing more subprime customers and provides another options ... [Read More]
TRADER Makes Moves to Generate Trust On New Auction Site
Sarah Rubenoff, Auto Remarketing Canada Editor
TRADER Exchange — the company’s new dealer-to-dealer online auction tool — is scheduled to roll out to Ontario dealers by the end of 2014 with a national launch in 2015, and the company is already ramping up the offering to make sure ... [Read More]
Staying Compliant with Ontario’s All-In Pricing Regulation
Josh Hyatt, Staff Writer
Ontario dealers should, by now, be quite aware of the all-in pricing regulations enforced by the Ontario Motor Vehicle Industry Council. If not, you’ll want to be, because OMVIC is cracking down on violators of its consumer protection regulations. Just ... [Read More]
New Financing Options for CDK Global Dealer Clients
Auto Remarketing Canada Staff
Shortly after announcing it will branch off from ADP, rebranding as CDK Global as of Oct. 1, the company formerly known as ADP Dealer Services reported it will offer a new, co-branded financing program for U.S. and Canada-based dealers. The ... [Read More]
Banco Santander to Buy Carfinco For Almost $300M
Auto Remarketing Canada Staff
After its chairman passed away unexpectedly last week, Banco Santander announced this morning it has entered into an agreement to acquire Carfinco Financial Group Inc. for $298 million (CDN) in cash in a deal expected to close in the fourth quarter ... [Read More]
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