The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here
Safe-Guard to assume administration of Subaru Canada protection products, including CPO
Auto Remarketing Canada Staff
Subaru Canada and Safe-Guard Products International announced a multi-year partnership this week that’s designed to broaden the automaker’s vehicle protection programs throughout Canada. As part of the partnership, Safe-Guard — which is a platform provider of private-label protection products in ... [Read More]
AutoVerify integrates CARFAX Canada data into traffic conversion tools
Auto Remarketing Canada Staff
AutoVerify and CARFAX Canada have teamed up for a partnership designed to help dealers provide more accurate vehicle valuations and create a better experience for car shoppers. The collaboration integrates CARFAX Canada’s vehicle valuation capability into AutoVerify’s traffic-conversion tools on ... [Read More]
Axis shareholders to vote on going private as subprime lender gets set to shut down
Auto Remarketing Canada Staff
Axis Auto Finance has already gone out of business, but dissolving the company is going to take more time. The Mississauga-based direct-to-consumer subprime lender will hold a meeting May 30 to ask shareholders to approve a special resolution to complete ... [Read More]
Autocorp.ai teams with CBB to automate dealership inventory matching
Auto Remarketing Canada Staff
Autocorp.ai has partnered with Canadian Black Book to launch a new tool to help Canadian dealerships identify vehicles that fit their customers’ financial situation. AVA MatchBook provides automation designed to match lender approvals with dealership inventory to save time and ... [Read More]
HGreg earns CADA Award nomination for business innovation
Auto Remarketing Canada Staff
When it comes to awards, it seems HGreg is already having a banner year. The Québec-based dealership group announced this week it has been nominated for a 2024 Laureate Award in the Business Innovation category. The award, presented by the ... [Read More]
Small decline in Canadian used-car wholesale market as tariffs take effect
Auto Remarketing Canada Staff
The U.S.’s long-awaited — and feared — 25% auto tariff is in effect, and at least for the moment, its effect on Canada’s used-car wholesale market has yet to be seen. A week after posting its first increase in three ... [Read More]
CreditApp launches dealer-branded finance portal for Canadian dealerships
Auto Remarketing Canada Staff
CreditApp Technologies wants to give car dealers the credit … for providing credit. The Calgary-based provider of indirect lending software has introduced a branded dealer financing portal for Canadian automotive and powersports dealers, a tool it’s touting as the first ... [Read More]
Canadian used wholesale values post first weekly gain in 3 years
Auto Remarketing Canada Staff
For the first time in three years, Canadian used-car wholesale values rose during the week ending March 29 – though just barely. Canadian Black Book’s weekly Market Insights report showed the overall market inched up 0.01% for the week, its ... [Read More]
Tariffs leave majority of BC consumers worried about used-car prices, options
Auto Remarketing Canada Staff
The threat of tariffs isn’t just about new cars. A survey conducted in March by Vancouver-based Autozen found consumers in British Columbia are worried about the price of used vehicles due to tariffs. The consumer-to-business auto sales platform’s The Road ... [Read More]
Canada’s used-car industry braces for tariff war
Andrew Friedlander, Associate Editor
Canada is at war. A trade war. And cars are among the primary weapons.
Following U.S. President Donald Trump’s announcement Thursday that a 25% tariff will be placed on all vehicles and auto parts imported into the U.S., to take effect April 2, Prime Minister Mark Carney called the tariff “a direct attack” on Canada.
“It feels like a sword hanging over our heads ... [Read More]
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