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Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
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

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]

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]

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