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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

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]

Data shows auto theft claims surging in Atlantic Canada

Ottawa hosts National Summit to combat auto theft.
Auto Remarketing Canada Staff
Atlantic Canada has become a preferred destination for car thieves. According to data from Insurance Bureau of Canada, auto theft claims have shown an alarming rise in the Atlantic provinces, spiking 12.5% in the first half of 2024 — the ... [Read More]

Toyota leads the way in CBB Best Retained Value Awards

Auto Remarketing Canada Staff
Toyota, led by its wildly popular Tacoma small pickup, was again the big winner in Canadian Black Book’s annual Best Retained Value Awards. The Japanese automaker claimed a total of seven of the 2024 awards, the most of any brand, ... [Read More]

Dealer group becomes car wash franchisee with aggressive expansion plans

Alysha Webb, Correspondent
OpenRoad Dealership Group is going into the car wash business through its OpenShine division. And while OpenShine is starting as a franchisee of an American car wash brand, you may see OpenShine-brand car washes in Canada one day, Christian Tjia, ... [Read More]

Dealership basking in pre-owned luxury

Daryl Lubinsky, Correspondent
Azar Allasvandi said her brother, Sia Allasvandi, started a luxury used-car dealership because of the variety involved. “He wanted to be able to get his hands on different cars, BMW, Volkswagen … he didn’t want to do just one,” Azar ... [Read More]

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