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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
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

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]

Canadian wholesale market continues downward trend

Auto Remarketing Canada Staff
The Canadian used wholesale vehicle market continued to trend downward last week, and at the same rate as the week before, according to Canadian Black Book’s weekly Market Insights report. Vehicle values fell 0.33% overall in the week ending Nov. ... [Read More]

Approval Genie program helps struggling Canadians make their car payments

Auto Remarketing Canada Staff
Approval Genie has launched a new program to help Canadians in need keep their vehicles. In a news release, the auto finance company called its PaymentAssist Program “a bold move to further its commitment to empowering Canadians.” The initiative is ... [Read More]

Centennial College amps up auto tech training with required EV courses

Auto Remarketing Canada Staff
Centennial College is amping up its auto technician training program’s emphasis on electric vehicles. Students starting the Centennial College School of Transportation’s Automotive-Motive Power Technician program will now be required to complete EV/hybrid courses as part of their training. In ... [Read More]

Canadian Black Book used vehicle index remains in holding pattern

Auto Remarketing Canada Staff
When it comes to the Canadian wholesale vehicle market, all is calm. For the third month in a row Canadian Black Book’s Used Vehicle Retention Index did not move in October, standing at 136.0 points — same as it was ... [Read More]

Autocorp.ai ‘declares war’ on fraud with launch of ID verification tool

fraud prevention
Auto Remarketing Canada Staff
Autocorp.ai has unveiled a new weapon in the war against fraud. The Ottawa-based automotive retail technology provider announced the launch of AVA ID Verified, an identity verification system created to “wage war against the rising tide of fraud targeting dealerships,” ... [Read More]

SCI Lease Corp to offer leases on Lucid EVs

Auto Remarketing Canada Staff
Canadian automotive leasing company SCI Lease Corp has joined with California-based electric vehicle manufacturer Lucid in a partnership designed to give Canadian drivers access to “flexible, transparent and competitive leasing options” for the Lucid Air. “We are excited to add ... [Read More]

Overall drop in wholesale vehicle values not quite as steep, but declines widespread across segments

Auto Remarketing Canada Staff
For the most part, it was a week of price declines across the board in the Canadian wholesale vehicle market, with one segment bucking the trend. The overall drop in prices wasn’t quite as steep as the prior week’s, at ... [Read More]

Full-size pickups buck Canadian wholesale market’s downward trend

Auto Remarketing Staff
Every segment of the Canadian used wholesale vehicle market was down for the week ending Nov. 2. Except one. And that one went through the roof. Canadian Black Book’s weekly Market Insights showed the average wholesale price of full-size pickup ... [Read More]

CarGurus brings Digital Deal digital retailing platform to Canada

Chase joins CarGurus’ pre-qualification network for auto financing
Auto Remarketing Staff
CarGurus announced it has introduced a new digital retail platform designed to power more efficient connections between dealers and purchase-ready shoppers in Canada. The company said Digital Deal enables consumers to start their financing application online for eligible new and ... [Read More]

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