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Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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

Element Fleet Management announces CEO succession plan

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Auto Remarketing Canada Staff
Element Fleet Management president and CEO Jay Forbes will retire on May 10 when the company hosts its annual general meeting, and Laura Dottori-Attanasio will succeed him, Element said Monday. Dottori-Attanasio, who has been with the Canadian Imperial Bank of ... [Read More]

Canadian wholesale vehicle prices continue downturn to start 2023

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Auto Remarketing Canada Staff
Though not as significant as the prior week’s decline, wholesale vehicle prices in Canada continued their downturn in the second week of 2023. According to the latest Market Insights report from Canadian Black Book, wholesale prices fell 0.41% for the ... [Read More]

First year-over-year drop in Canadian used-car values in 29 months

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Auto Remarketing Canada Staff
29 months. That’s the last time there was a year-over-year decline in Canadian Black Book’s Used Vehicle Retention Index. That is, until last month. The index reading of 157.6 was off 0.7% from November and down 0.6% from December 2021, ... [Read More]

Sym-Tech completes acquisition of SSQ, expanding Quebec footprint

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Auto Remarketing Canada Staff
Sym-Tech Dealers Services announced Friday that it has completed its purchase of SSQ Dealer Services. The deal to acquire SSQ from Beneva Group was initially announced in November. SSQ provides vehicle protection products and services to dealers in Quebec, giving ... [Read More]

Wholesale vehicle prices in Canada continue downturn as 2022 closes

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Auto Remarketing Canada Staff
Wholesale vehicle prices in Canada finished 2022 with a steeper decline than what’s typical for the final week of the year, according to the Market Insights report released Tuesday by Canadian Black Book. Specifically, there was a 0.44% decline in ... [Read More]

CDK partners with Hyundai Canada on digital retailing, DMS

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Auto Remarketing Canada Staff
CDK Global announced last month that it was chosen to be the exclusive digital retailer partner for Hyundai Auto Canada and a preferred technology partner for DMS at the company’s 200-plus Canadian stores. Implementation of the partnership began in November. ... [Read More]

DriveItAway mobility platform expands footprint to Canada

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Auto Remarketing Canada Staff
DriveItAway, a U.S.-based mobility platform that offers vehicle subscription-to-purchase services, is expanding to Canada. The company has partnered with Ontario-based Legacy Auto Credit, a dealership offering in-house leasing and auto financing to credit- and debt-challenged customers. “For decades Legacy Auto Credit ... [Read More]

How Canadian wholesale vehicle values fared in November, early December

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Joe Overby, Senior Editor
Good news for the Canadian used-vehicle market: Prices are considerably steadier, according to Canadian Black Book, which released its Used Vehicle Retention Index for November on Friday. Specifically, the index came in at 158.7 for the month, relatively steady with ... [Read More]

AutoVerify, Global Warranty partner to help drive F&I profits for dealers

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Auto Remarketing Canada Staff
AutoVerify has teamed up with Global Warranty, an independent warranty provider in Canada, to help dealers drive F&I profitability. The company has integrated Global Warranty products into its AutoVerify Spotlight digital merchandising solution. “This partnership with AutoVerify is a win ... [Read More]

More Canadian shoppers consider used cars, largely for supply issues

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Auto Remarketing Canada Staff
While Canadian car shoppers say they’ll hold steady on their decisions around new-versus-used and budgeting regardless of where the economy goes, recent research from AutoTrader.ca also shows they were more willing to consider pre-owned this year. Pushed by microchip shortage-driven ... [Read More]

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