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
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
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]
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
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]
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