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This Month's Focus

Artificial Intelligence
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Carfluent’s new AI tool helps dealerships beat aggregators in searches
Monday, May. 11, 2026, 09:51 AM
A growing percentage of consumers now use artificial intelligence as what marketplace Cars.com describes as a “trusted co-pilot” in their search for a vehicle to purchase. Meanwhile, other studies suggest that dealership websites are not visible to many of those ... Read More
ChatGPT app represents the latest step in CarMax’s ongoing AI evolution
Monday, May. 11, 2026, 09:45 AM
Yes, it’s AI — everyone’s favorite buzzword. But when it comes down to it, artificial intelligence is only part of what CarMax’s new ChatGPT app is all about. The company billed as the nation’s largest used-car retailer touted the app, ... Read More
Inside the ‘architectural mismatch’ between AI capabilities & dealer needs
Monday, May. 11, 2026, 09:42 AM
A new survey report from LotLinx asserts that in its current form, “AI is broken for dealers.” The company contends the era of “one-size-fits-all artificial intelligence” is over for auto dealers. The recent survey of 215 executives from both franchised ... Read More
FICO’s Shams Blanc on lenders sharpening underwriting & more
Wednesday, Apr. 29, 2026, 03:54 PM
Fresh off being in Miami as part of the Used Car Industry Summit that Cherokee Media Group hosted this spring, Shams Blanc, who is vice president of auto scores at FICO, appeared again on the Auto Remarketing Podcast. Blanc discussed ... Listen Here
Byron Oldham of Honest Autos & FIADA
Monday, Apr. 27, 2026, 07:47 PM
Byron Oldham is president of the family-owned Honest Autos dealership and is president of the board at the Florida Independent Automobile Dealers Association. In this episode, Oldham talks with Cherokee Media Group senior editor Joe Overby about the upcoming Southeast ... Listen Here
Automotive CFO-To-Go Kathi Kruse talks dealership finance, accounting in ‘lightning round’
Sunday, Apr. 19, 2026, 04:27 AM
Kathi Kruse, the Automotive CFO-To-Go who brings her financial expertise — born through years of experience as a dealership chief financial officer — to dealers needing help in that area, is back on the Auto Remarketing Podcast. In this episode, ... Listen Here

Sale of Chicago Toyota store the latest step toward AutoCanada’s U.S. exit

Tuesday, Jan. 27, 2026, 12:28 PM
Auto Remarketing Canada Staff
AutoCanada’s move out of the U.S. continues with the sale of Toyota of Lincoln Park in Chicago to Murgado Automotive Group. The Edmonton-based dealership and collision repair group said the deal is worth $11.2 million in cash for goodwill and ... [Read More]

Canadian used wholesale market continues downward trend

Thursday, Jan. 22, 2026, 11:41 AM
Auto Remarketing Canada Staff
The Canadian wholesale used-car market’s downward slide continued in the week ending Jan. 17. Canadian Black Book’s Market Insights report showed values down 0.55% for the week, the fifth time in six weeks the market has sunk by 0.50% or ... [Read More]

AutoCanada adds another Edmonton location to its thriving collision repair business

Thursday, Jan. 22, 2026, 11:40 AM
Auto Remarketing Canada Staff
AutoCanada’s transformation from a financially struggling operation to a growing company has reached the stage at which it’s a buyer in the M&A market. And as interim CEO Sam Cochrane said during the dealership group’s third-quarter earnings call in November, ... [Read More]

Mercedes brings its EV charging network to Canada with 3 hubs in Vancouver area

Tuesday, Jan. 20, 2026, 10:49 AM
Auto Remarketing Canada Staff
Mercedes-Benz is bringing its electric vehicle charging infrastructure to Canada. Mercedes-Benz High-Power Charging began that process by opening three Canadian locations, the first of eight high-power charging hubs set to come online in the Vancouver metro area over the next ... [Read More]

Some things never change: Toyota, Lexus again top brands in J.D. Power’s Canada Residual Value Awards

Thursday, Jan. 15, 2026, 10:38 AM
Auto Remarketing Canada Staff
Change is a constant in the car business. Just not when it comes to J.D. Power’s Canada ALG Residual Value Awards. For the seventh consecutive year, Toyota claimed the top prize among mass-market brands, while its sister brand Lexus was ... [Read More]

Canadian auction sales looking up in new year

Thursday, Jan. 15, 2026, 10:30 AM
Auto Remarketing Canada Staff
Things are looking up at Canadian auto auctions. Especially the sale rates. According to Canadian Black Book’s latest Market Insights report, the average auction conversion rate for the week ending Jan. 10 was 50.8%, varying between 23.7% and 95%. It ... [Read More]

Neo Financial survey: 46% of Canadians say building credit is harder than ever

Monday, Jan. 12, 2026, 02:40 PM
Auto Remarketing Canada Staff
There’s a notable possibility that the potential car buyer at your dealership who needs financing to take delivery is more than a little skeptical about getting the necessary credit. According to a new national survey from Neo Financial, nearly half ... [Read More]

Canadian wholesale market’s December fall indicates ‘need for market correction’

Thursday, Jan. 8, 2026, 09:56 AM
Auto Remarketing Canada Staff
Canadian used-vehicle wholesale values took a tumble last month — and it was a long time coming. Canadian Black Book’s Used Vehicle Retention Index for December dropped 2.8 points, from 135.9 in November to 133.1, the most precipitous month-to-month fall ... [Read More]

OpenRoad Foundation goes bigger in ’26, committing $750,000 to community charities

Thursday, Jan. 8, 2026, 09:56 AM
Andy Friedlander
OpenRoad Auto’s charitable arm is flexing its muscle. After awarding $625,000 in grants last year, OpenRoad Foundation is going even bigger in its 2026 Community Giving Program, committing to $750,000 in total community grants to support charitable organizations and grassroots ... [Read More]

Dealer news: AutoCanada executive shift continues; Holand sells California Ferrari dealership

Tuesday, Jan. 6, 2026, 11:09 AM
Auto Remarketing Canada Staff
AutoCanada’s leadership shift continues. The Edmonton-based dealership group has named Fade Bouras as its new chief operating officer, effective Jan. 15, and has added John North to its board of directors. The additions are the latest moves in the wake ... [Read More]

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