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
EBlock, EDealer parent to voluntarily delist from TSX
Auto Remarketing Canada Staff
E Automotive Inc., which is the parent company of EBlock and EDealer, said Monday it is voluntarily delisting from the Toronto Stock Exchange. The move has been approved by E Inc.’s board of directors and shareholders and the Toronto Stock ... [Read More]
Third-party inspection company Kiwiz expands to more markets in Canada
Auto Remarketing Canada Staff
Kiwiz, a Montreal-based company that provides pre-purchase, third-party inspections on behalf of consumers, said this week it has expanded into additional Canadian markets. The mobile car inspection service launched in Quebec in January 2022 and is now available in Ontario, ... [Read More]
Reynolds buys Canadian automotive software company DealerCorp Solutions
Auto Remarketing Canada Staff
Reynolds and Reynolds has acquired Canadian software company DealerCorp Solutions, which focuses on developing cloud applications for the Canadian car business. This is the second purchase of the year for Reynolds, which in late January announced the acquisition of American ... [Read More]
Wholesale prices slow modestly in Canada, but some car segments climb
Auto Remarketing Canada Staff
There was modest softening in the Canadian wholesale vehicle market last week, with most of the price downturn happening among truck segments, according to the latest Market Insights report from Canadian Black Book. Five of the vehicle categories in CBB’s ... [Read More]
Canada Drives restructures business operations, will end online car-buying service
Auto Remarketing Canada Staff
As part of a restructuring of its business operations, Canada Drives will no longer offer online car-buying, and will instead focus on its services that allow consumers to sell their vehicle online and obtain auto finance approval online. Canada Drives ... [Read More]
Holman adds VP of sales for Canadian fleet & mobility division
Auto Remarketing Canada Staff
Holman has named a vice president of sales for its Canadian fleet and mobility division, hiring Eric Attias for the role. Attias’ most recent post was as head of underground mining operations for Toromont Cat, which is one of Catepillar’s ... [Read More]
Though still elevated, Canadian wholesale vehicle prices ease for 3rd straight month
Auto Remarketing Canada Staff
February marked the third straight month of year-over-year declines in wholesale vehicle prices in Canada, according to analysis around the latest Used Vehicle Retention Index from Canadian Black Book. The index came in at 157.9 for the month, which was ... [Read More]
Cox Automotive to end sales at Manheim Edmonton auction
Joe Overby, Senior Editor
Cox Automotive is ending physical auction sales at its Manheim Edmonton location, the company told Auto Remarketing on Wednesday. The last public sale at the auction will be March 25 and the final commercial sale is March 30. The company ... [Read More]
Dealer groups: Ride Automotive adds 2nd US store; Sonic opens new concept store in Nashville
Auto Remarketing Staff
Canadian dealer group Ride Automotive has made its second U.S. acquisition, purchasing Marin Mazda in San Rafel, Calif., from Michael Glasser The acquisition announced by Performance Brokerage Services, which advised on the deal. Ride Automotive, which includes two Kia stores ... [Read More]
How Canadian used-car values fared to begin March
Auto Remarketing Canada Staff
March began with Canadian wholesale vehicle values falling 0.18%, which is in line with the average movement for same week of 2017-2019, according to Canadian Black Book’s Market Insights report for the week ending March 4. For the last full ... [Read More]
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