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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

Same old story: Toyota, Lexus rule J.D. Power’s Canadian Residual Value Awards

Auto Remarketing Canada Staff
There’s nothing new about the two top brands when it comes to residual value. Toyota was named the top mass market brand for the sixth consecutive year and Lexus took the premium brand award for the fifth year in a ... [Read More]

Canadian wholesale market decline picks up speed after 3 weeks of slower pace

Auto Remarketing Canada Staff
The decline in Canadian used-vehicle wholesale prices picked up pace in the first full week of the new year. Canadian Black Book’s weekly Market Insights report showed the wholesale market fell 0.48% for the week ending Jan. 11, ending a ... [Read More]

Canadian EV owners ready to buy another despite public charging issues, survey finds

Auto Remarketing Canada Staff
Canadian electric vehicle owners are not happy with the availability of reliable and convenient public charging — but that won’t stop them from buying another EV, according to a new study from the Canadian Automobile Association. The survey of more ... [Read More]

EV merchandising startup Lyteflo receives $3 million in seed funding

Auto Remarketing Canada Staff
Lyteflo’s seed has been planted. The new electric vehicle merchandising provider is has closed on $3 million in seed funding in an oversubscribed round led by Diagram, with participation from fellow Canadian venture capital firms Whitecap Venture Partners and Amplify ... [Read More]

CBB monthly index drops for first time since June

Auto Remarketing Canada Staff
For the first time in six months, prices in the Canadian wholesale vehicle market dipped. Canadian Black Book’s Used Vehicle Retention Index dropped to 135.7 in December, down 0.4% from 136.2 the previous month — ending a string of five ... [Read More]

OpenRoad to celebrate 25th anniversary with 25 grants to charitable organizations

Auto Remarketing Canada Staff
OpenRoad Group is celebrating its 25th anniversary by giving. OpenRoad Foundation, the dealership group’s philanthropic arm, announced the launch of its 25 in 25 grant initiative for 2025, which will award 25 grants of $25,000 each – a total of ... [Read More]

Canadian wholesale market decline slows in 2024’s final week

Auto Remarketing Canada Staff
The last week of 2024 brought an easing to the continued downward trend of the Canadian used-vehicle wholesale market. Values fell 0.21% for the week ending Dec. 28, according to Canadian Black Book’s weekly Market Insights report, a milder drop ... [Read More]

Big drop in Canadian wholesale vehicle prices as year comes to close

Auto Remarketing Canada Staff
As the year nears its end, Canadian used-vehicle wholesale values keep dropping. Canadian Black Book’s weekly Market Insights report showed the market sank by 0.64% overall in the week ending Dec. 10, almost twice the 0.33% decline of the previous ... [Read More]

AutoTrader data shows shift toward economy in Canadians’ vehicle choices

Auto Remarketing Canada Staff
Canadians seem to be feeling squeezed by economic pressures when it comes to their vehicles. AutoTrader’s year-end data on the most searched for and most sold vehicles on its platform shows Canadian consumers choosing vehicles that prioritize affordability, reliability and ... [Read More]

Survey shows demand for EVs slowing in Canada

Auto Remarketing Canada Staff
Demand for electric vehicles in Canada seems to be powering down. Ernst & Young’s latest EY Mobility Consumer Index report shows Canadian consumers’ intent to purchase an EV has sunk 2% from 2023, even as overall vehicle purchase intent rose ... [Read More]

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