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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here
Canadian Used-Car Prices On The Way Up; 2014 May Bring Reprieve
Auto Remarketing Canada Staff
Though the end of summer brought a respite from the spiking wholesale prices that dealers have suffered all year, it seems rates are on the upswing once again. According to ScotiaBank’s Global Auto Report, Canadian used-car prices “picked up” ... [Read More]
Manheim Toronto Reveals New General Manager
Sarah Rubenoff
Manheim Toronto announced a new hire this week. Tapped for the position of general manager is Don Wallace. In his new role as GM, Wallace will be responsible for all business operations at Manheim’s Canadian flagship location, the company reported. ... [Read More]
Alternative Fuel Vehicles Perform Well in this Year’s Vincentric Best Value in Canada Awards
Auto Remarketing Canada Staff
The 2013 Vinventric Best Value in Canada awards were recently released, with three brands, in particular, topping the charts. First up, Toyota received its second consecutive award as Best Value Passenger Car Brand and picked up eight individual vehicle awards. ... [Read More]
Dealertrack Technologies & Dealer Auction Announce New Hires
Sarah Rubenoff
Dealertrack Technologies announced it has appointed a new head to its Canadian operations. Named to the position of vice president and general manager of Dealertrack Canada is Michael McCarthy. The new hire has an extensive background in financial services. McCarthy ... [Read More]
Kia Canada Makes it Easier for Dealers to Find Inventory Online
Auto Remarketing Canada Staff
Kia Canada Inc. announced a new online tool for dealers, fleet and rental partners that should make acquiring pre-owned and CPO vehicles a bit easier in this tight supply environment. Kia has partnered with web-based auction AutoGavel Exchange — powered ... [Read More]
Canadian Wholesale Prices Finally Drop After Months of Spikes
Sarah Rubenoff
After rising almost every month this year, it seems wholesale prices have slowed their game, as fall is bringing lower rates at auction. The ADESA Canada Used Vehicle Price Index, powered by ALG Canada, has been updated through August, and ... [Read More]
AIA of Canada Announces Management Changes
Auto Remarketing Canada Staff
The Automotive Industries Association of Canada revealed a series of management changes this week — moves designed to better serve its members. First up, AIA promoted Andrew Shepherd to senior director of industry programs and executive director of I-CAR Canada. ... [Read More]
European Brand CPO Sales Rise; Who Beat Best-Ever Record?
Sarah Rubenoff, Auto Remarketing Canada Editor
Certified pre-owned sales were strong in August for the European automakers, with one luxury brand, in particular, touting its best August ever for CPO sales. Audi Canada had its best August ever this past month, with 436 CPO vehicles sold. ... [Read More]
Canadian Government Reveals Sale of Additional Shares of GM
Auto Remarketing Canada Staff
Canadian minister of finance Jim Flaherty confirmed this week that the government has made strides to move General Motors towards private sector ownership. Canada GEN Investment Corp. — a wholly-owned subsidiary of the Canada Development Investment Corp., who holds Canada's ... [Read More]
Carfinco Expands Into US Market With New Acquisition
Auto Remarketing Canada Staff
Edmonton, Alberta-based Carfinco Financial Group Inc. revealed this week it is expanding into the U.S. market with a new acquisition. The company has purchased Massachusetts-based Persian Acceptance Corp. (PAC), an indirect lender in the subprime retail automotive industry, from Peter ... [Read More]
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