The News Media of the Pre-Owned Industry

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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
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

HeyAuto aims to create online ‘ecosystem’ for car owners and auto dealers

Untitled
Sarah Rubenoff, Correspondent
Brent Lane, who is the CEO and founder of HeyAuto,  a new Canadian online transaction platform for vehicle buyers, is looking to “build solutions for car owners” — and dealers, for that matter. The car purchase — which can be the second- or ... [Read More]

AutoCanada continues acquisition plan, buys collision center in Saskatoon

merger and acquisition image_21
Auto Remarketing Canada Staff
AutoCanada said Monday it has acquired Kavia Auto Body in Saskatoon, Saskatchewan. The purchase of the collision center, which has been open for nearly 40 years and is an SGI Elite collision center, is AutoCanada’s fifth acquisition in the past ... [Read More]

As dealership service departments surge, Lexus Downtown says ‘hand off’ is key

mechnic shutterstock_399175633
Sarah Rubenoff, Correspondent
Service departments have always been a crucial part of franchised dealers' businesses and used-car inventory pipelines. And this year, this reality has been pushed to the forefront with a boom in the service industry’s market value in Canada. According to ... [Read More]

Weekly wholesale vehicle prices show largest drop in 18+ months

Auto Remarketing Canada Staff
In September, Canadian Black Book’s Used Vehicle Retention Index increased sequentially after three months of declines. Last week, however, Canadian wholesale vehicle prices reached a milestone of a different sort. The 0.56% drop marked the most significant decline in used-vehicle ... [Read More]

Service departments bounce back, provide dealers opportunity for big profits, customer trust

mechanic_37_0
Sarah Rubenoff, Correspondent
The vehicle service market is on the rise in the automotive industry, according to new research from J.D. Power. The recently released 2022 Canada Customer Service Index shows that as vehicle owners in Canada transition to a “post-pandemic world” and ... [Read More]

AutoVerify buys Car Media 2.0

merger and acquisition pic on table_2_0_1_1
Auto Remarketing Canada Staff
AutoVerify announced it has purchased Car Media 2.0, which provides vehicle inventory imaging services to dealers. With shoppers expecting to be able to get detailed interior and exterior vehicle imagery online, this move “enables AutoVerify to help dealers provide this type ... [Read More]

AutoCanada’s acquisition of North Toronto Auction sign of changing wholesale, retail landscape

merger and acqusition red greeen and white_14_0
Sarah Rubenoff, Correspondent
From franchised dealerships and collision centers to independent stores and now auctions, AutoCanada has been on the acquisition path this year. Its latest purchase marked the publicly traded dealer group’s first foray into the wholesale industry. AutoCanada recently announced its ... [Read More]

Vincentric honors ‘Best CPO Value in Canada’ winners

shutterstock_492824278_0_0
Auto Remarketing Canada Staff
Vincentric spotlighted its 2022 Best CPO Value in Canada Awards last week, and standing out from the pack were Toyota and Hyundai. Both took home four model-level wins as well as one brand award apiece, with Toyota earning top marks ... [Read More]

Upgrades to ADESA Canada, TradeRev marketplaces designed to drive efficiency

TradeRev_website (1)
Auto Remarketing Canada Staff
KAR Global announced upgrades in Canada last week that are designed to make processing Assurance claims and arbitration more efficient for its ADESA Canada and TradeRev marketplaces, and allow bulk checkout for purchases on these online platforms. With the enhancements, ... [Read More]

Dilawri dealers sweep inaugural J.D. Power Dealer of Excellence Program in Canada

agreement-papers
Auto Remarketing Canada Staff
J.D. Power has launched its J.D. Power Dealer of Excellence Program in Canada, and sweeping the inaugural list of honorees is the Dilawri Group, whose Markham Honda, Dixie Mazda, Acura North Toronto, Volkswagen de Sources and Audi Queensway stores were ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X