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
Toyota Canada donates $100,000 for school breakfasts; Subaru extends initiative to celebrate the outdoors
Auto Remarketing Canada Staff
At the start of the school year, Toyota Canada is helping make sure students get their days off to a good start. The automaker donated $100,000 to Breakfast Club of Canada’s nationwide movement to increase access to quality school breakfast ... [Read More]
Study finds inflation raises cost of auto repairs — and age of Canada’s vehicles
Auto Remarketing Canada Staff
Inflation has driven up the cost of auto repair and maintenance in Canada — and is also driving up the age of the nation’s vehicles. J.D. Power’s 2024 Canada Customer Service Index — Long-Term Study found the average cost of ... [Read More]
Rate of decline increases again in Canadian wholesale market
Auto Remarketing Canada Staff
After a brief slowdown, the Canadian wholesale used-vehicle market’s long downward trend picked up pace again for the week ending Aug. 31. In its weekly Market Insights report, Canadian Black Book reported a 0.29% decline in the overall market, a ... [Read More]
PODCAST: Pam answers call to be gem in office communications
Auto Remarketing Canada Staff
To conclude our series of Auto Remarketing Podcast episodes from Canada’s Used Car Week this summer, we sit down with Samee Khan and Abdullah Baig, who are the founders of Pam — an artificial intelligence-based service designed to improve the ... [Read More]
Canadian wholesale value decline slows for a week
Auto Remarketing Canada Staff
The decline continues – just a little more slowly. Canadian Black Book’s weekly Market Insights showed the Canadian wholesale used-vehicle market fell by 0.20% for the week ending Aug. 24, a bit less of than the 0.28% drop of the ... [Read More]
Kot Auto acquires 10th BC dealership, taking another step in expansion plan
Auto Remarketing Canada Staff
Kot Auto Group’s growth plan has taken another step forward. The British Columbia-based dealership group expanded to 10 locations with the acquisition of Sunrise Ford in 100 Mile House, B.C. The dealership, which includes a service department and body shop, ... [Read More]
Forecast cloudy for AutoCanada after struggling through a stormy Q2
Andrew Friedlander, Associate Editor
Having weathered a series of storms over the past few months, AutoCanada is looking at more dark clouds ahead and searching for a silver lining.
But executive chairman Paul Antony said during the dealership group’s second-quarter earnings call, the outlook is still iffy.
“It’s just something we can’t forecast right now,” he said. “From my perspective, I think we’ll have ... [Read More]
Cars take the fall in Canadian wholesale market
Auto Remarketing Canada Staff
The wholesale used-vehicle market in Canada continued what Canadian Black Book analysts last week called a “steady gradual decline” — only with a bit more volatility among the car segments. CBB’s Market Insights report for the week ending Aug. 17 ... [Read More]
PODCAST: Next-generation remarketing and condition monitoring
Auto Remarketing Canada Staff
The next episode of the Auto Remarketing Podcast originating from this year’s Canada’s Used Car Week in Toronto highlighted a presentation about the next generation of remarketing. PAVE chief strategy officer Jameel Ghata explained how vital automated inspections and condition ... [Read More]
German company to acquire TRADER Canada
Auto Remarketing Canada Staff
By the time the fourth quarter arrives, and snowflakes are flying again in Canada, TRADER Corp. will have new ownership. Last week amid the dog days of summer, AutoScout24, a leading pan-European online automotive marketplace, signed an agreement to acquire ... [Read More]
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