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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

OpenRoad Group comes clean to bring Tommy’s Express Car Wash to Canada

Auto Remarketing Canada Staff
OpenRoad wants to clean up your act. Or at least your car. The dealership group, which operates 36 locations in the Vancouver metro area, Ontario and Washington state in the U.S. has created a new division: OpenShine, which is bringing ... [Read More]

Auto Remarketing Canada’s 2024 Remarketing’s Under 40 honorees

Auto Remarketing Canada Staff
The Canadian auto industry, be it retail, remarketing or finance, is full of young leaders who have achieved massive success at an early age. Cherokee Media Group is excited to honor many of those individuals in this year’s Remarketing’s Under 40 ... [Read More]

Canadian wholesale vehicle values at lowest level since 2021

Auto Remarketing Canada Staff
The decline of Canadian wholesale used-vehicle values continues to accelerate. The latest evidence is in Canadian Black Book’s Used Vehicle Retention Index for May, released this week. CBB’s data showed the index at 137.6, down 2.0% from the previous month ... [Read More]

CADA partnership offers theft recovery system to dealerships

Ottawa hosts National Summit to combat auto theft.
Auto Remarketing Canada Staff
The Canadian Automobile Dealers Association is taking a step toward helping dealers battle the rising threat of vehicle theft. CADA is teaming with Kudelski IoT to provide a comprehensive solution powered by RecovR under the newly launched CADA 360 Security ... [Read More]

Biggest vehicles take hardest fall in Canadian wholesale values

Auto Remarketing Canada Staff
As the old saying goes, the bigger they are, the harder they fall. That was the case last week in the Canadian wholesale used vehicle market, as the largest vehicles took the biggest tumble in value. Prices for the overall ... [Read More]

AutoCanada to transition to new CFO

AutoCanada to transition to new CFO
Auto Remarketing Canada Staff
Azim Lalani has resigned as chief financial officer of AutoCanada, effective June 30, the company announced. Lalani, who joined the Edmonton-based dealer group in March 2023, cited personal reasons for leaving, and will be relocating to Vancouver. AutoCanada said he ... [Read More]

What to expect at expos: Canada’s Used Car Week

What to expect at expos: Canada’s Used Car Week
Jennifer Sanford, Sanford Marketing Group
Canada. Land of Canuks, mickeys, double doubles and a 25-piece patio set (IYKYK). It’s also the home of one of the continent’s finest industry events, Canada’s Used Car Week (CUCW). Held in Toronto, this year’s conference will take place June ... [Read More]

Canadian wholesale values show slower decline

Canadian wholesale values show slower decline
Auto Remarketing Canada Staff
Canadian Black Book’s weekly Market Insights report for the week ending May 25 showed a slower rate of decline than recent weeks, as Canadian wholesale prices fell by 0.23% following a 0.38% drop the week before. Only one segment recorded ... [Read More]

OpenRoad buzzing about its new rooftop beehive

OpenRoad buzzing about its new rooftop beehive
Auto Remarketing Canada Staff
OpenRoad Group is generating plenty of buzz these days. In honor of World Bee Day, May 20, the British Columbia-based dealership group established a rooftop beehive at its BMW Langley location in the Vancouver area. OpenRoad said the hive, which ... [Read More]

Another week, another decline for Canadian wholesale values

Another week, another decline for Canadian wholesale values
Auto Remarketing Canada Staff
The fall continues for wholesale vehicle values. Canadian Black Book’s weekly Market Insights report for the week ending May 18 showed another decrease in Canadian wholesale prices, with an overall drop of 0.38%. Two segments fell more than 1% in ... [Read More]

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