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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here
Depreciation in auto auction lanes closer to historical average as 2023 closes
Auto Remarketing Canada Staff
During the last week of 2023, prices remained fairly steady in the auto auction lanes, with an average decline of 0.55%, according to the latest weekly report from Canadian Black Book. That said, none of the 22 segments that CBB ... [Read More]
Brad Hart on family ties, end of era for historic Toronto auto auction
Sarah Rubenoff, Correspondent
It’s the end of an era as historic Canadian auto auction Manheim Toronto completed its last sale as 2023 wrapped up. With OPENLANE’s recent purchase of Manheim Canada, the long-standing Toronto auction has closed, as Manheim plans to exit Canada.
Auto Remarketing Canada spoke with auto auction industry veteran Brad Hart to get a sense of the history of Manheim Toronto ...
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Canada’s new EV availability standard set; industry begins to respond
Auto Remarketing Canada Staff
There’s a new electric vehicle availability standard in Canada. Proponents contend it will give Canadians better access to more affordable cars and cleaner air. The standard, announced shortly before the Christmas holiday, is in place to move the country toward ... [Read More]
OpenRoad brings donation total to over $225K in inaugural year
Auto Remarketing Canada Staff
The OpenRoad Foundation, which is the philanthropic arm of the OpenRoad Group of car dealerships, has donated another $100,000 to Canadian charities, bringing the total donated in its inaugural year to more than $225,000, the group announced last month. The ... [Read More]
Tesla recall impacts 2M vehicles in the U.S.; almost 200K in Canada
Auto Remarketing Canada Staff
Tesla’s autopilot features are in question after significant recalls hit the U.S. and Canada this past week. According to recall information from both the National Highway Traffic Safety Administration and Transport Canada, the respective U.S. and Canadian auto regulators, Tesla ... [Read More]
Policaro Group donates $1M since 2018 to help children with heart conditions
Auto Remarketing Canada Staff
Canada’s Policaro Group has donated over $1 million to help children with heart conditions since 2018. The donation to the SickKids Foundation was made through the dealer group’s philanthropic arm, The Policaro Foundation. This donation is the next step in ... [Read More]
2 well-known dealers bringing INEOS’ off-road Grenadier to Canada
Auto Remarketing Canada Staff
With almost 9,000 orders for the Grenadier already locked and loaded throughout North America, the electric SUV is coming to Canada in the first quarter of 2024. INEOS Automotive recently revealed its choices for the first two Canadian dealers to ... [Read More]
Wholesale vehicle price depreciation higher than historic averages for season
Auto Remarketing Canada Staff
Wholesale vehicle prices in Canada continued to fall last week, but the drastic declines of the week prior evened out a bit. According to Canadian Black Book data, wholesale prices fell by 0.96% overall. Cars fell by just 0.46%, while ... [Read More]
Canadian car shoppers looking for their favorite ride, but will settle on ‘practical’
Auto Remarketing Canada Staff
AutoTrader’s Top Vehicles of 2023 research shows that Canadian car shoppers are still optimistic, reflected by search rates for luxury vehicles. However, actual completed transactions show a preference for utility. This year, Canadians were plagued by high cost-of-living and vehicle ... [Read More]
Fisker adds 2 new executives for Canada, US
Auto Remarketing Canada Staff
Electric vehicle maker Fisker is ramping up its North American executive team, adding leaders in its Canadian and U.S. operations. Wolfgang Hoffmann is the new country manager for Canada, and Amira Aly has joined as vice president of sales, for ... [Read More]
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