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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

Affordability, trade challenges remain, but Canadian used-car market on the mend

Auto Remarketing Canada Staff
Recovering and stabilizing. Gradually. The Canadian used-car market has taken its punches, but inventory levels are improving and while affordability remains a concern, prices are normalizing. And the declines in used-car sales are slowing. That’s according to Carfax Canada’s midyear ... [Read More]

Price declines steepen at auction, but stay below pre-COVID drops

Auto Remarketing Canada Staff
Depreciation in Canadian wholesale vehicle values picked up speed last week, but remains slower than pre-COVID declines, according to the latest Market Insights report from Canadian Black Book. Overall, wholesale vehicle values fell 0.19% last week, compared to a 0.16% ... [Read More]

CarDoor launches platform for dealers to buy cars from consumers

Auto Remarketing Canada Staff
CarDoor has launched a consumer car-selling platform, MarketCheck, where a consumer can post their car for sale to hundreds of dealers and receive offers in real time. Once an offer is delivered and the consumer accepts, CarDoor handles paperwork, arranges ... [Read More]

Clutch opens customer hub in Halifax, it’s third launch of year

Auto Remarketing Canada Staff
Online used-car retailer Clutch has launched a new customer hub in Halifax, Nova Scotia, the third physical location that the company has opened this year. The Halifax Customer Hub, which joins locations in British Columbia and Ottawa, offers a pickup ... [Read More]

Overall wholesale vehicle price depreciation slows in Canada, but climbs for car segments

Auto Remarketing Canada Staff
The decline in wholesale vehicle prices in Canada moderated last week, though it remains steeper than pre-COVID levels for the same period, according to the latest Market Insights report from Canadian Black Book. Overall wholesale prices fell 0.32% for the ... [Read More]

UVeye sets up shop in Canada

Auto Remarketing Canada Staff
UVeye has expanded its footprint to Canada. The vehicle data intelligence company said Thursday that its advanced computer vision inspection systems have launched at dealerships in British Columbia and Ontario. This launch kicks off a planned rollout throughout Canada. UVeye ... [Read More]

After US debut, CarGurus brings conversational AI assistant Guru to Canada

Auto Remarketing Canada Staff
Dealers and car shoppers have a new assistant in Canada. CarGurus announced Monday —  its 10th anniversary in the country — that it has launched Guru, an artificial intelligence car-shopping assistant designed to help consumers find the best deals while ... [Read More]

Used-car sales & pricing behaviors at year’s midpoint, what to expect in second half

Joe Overby, Senior Editor
Used-car retail sales in Canada have been “more resilient than expected” this year, with the softness largely attributable to lack of affordability, not weak demand. That’s according to the latest AutoTrader Price Index report, which said used-car sales are down ... [Read More]

AutoCanada sells 3 BC stores as part of ‘disciplined approach to capital allocation’

Auto Remarketing Canada Staff
AutoCanada has sold three British Columbia dealerships for approximately $32.2 million in gross proceeds, a move the retailer’s CEO says, “reflects our disciplined approach to capital allocation.” The group announced last week that it completed the sale of Island Chevrolet ... [Read More]

EVSearch launches Chinese EV Discovery Centre

Auto Remarketing Canada Staff
Following relaxed trade laws and a beta launch that underscored significant consumer interest in the segment, EVSearch has debuted its Chinese EV Discovery Centre. This new hub offers vehicle specifications, estimated pricing for Canada, expert reviews and model comparisons, and ... [Read More]

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