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SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here

CBB hires former VW Canada exec as director of sales, data & licensing

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Auto Remarketing Canada Staff
Canadian Black Book has named a director of sales, data and licensing, appointing former Volkswagen Canada executive Kelly-Ann Neary to the role.   Neary has spent 20 years working on the OEM side of the business. Her most recent post ... [Read More]

New VP at AFG Leasing Canada

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Auto Remarketing Canada Staff
Houston-based Auto Financial Group reinforced its Canadian leadership this week. The company announced that Mark Caschera has been appointed vice president of AFG Leasing Canada in a move meant to bolster AFG’s mission to expand its program in Canada to ... [Read More]

CPO car sales at record clip for some automakers in Canada

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Joe Overby, Senior Editor
Never before has certified pre-owned had this great a share of used sales at Mercedes-Benz Canada. The company said in a sales release it had overall pre-owned sales of 16,795 vehicles last year, which was up 9.8% year-over-year. And a ... [Read More]

Used-car prices at ‘historical high’ as wholesale index growth streak continues

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Auto Remarketing Canada Staff
While many were counting down from 10 on New Year’s Eve, the used-car industry in Canada was counting up. To 21, that is. The final week of 2021 marked the 21st consecutive time that wholesale vehicle prices increased in Canada, ... [Read More]

Automotive Properties REIT inks deal to buy 2 Honda stores in Quebec

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Auto Remarketing Canada Staff
Just before 2021 closed, the Automotive Properties Real Estate Investment Trust said it had signed a $23.4 million deal with a dealership group to buy the Sherbrooke Honda and Magog Honda properties in Quebec. Additionally, the REIT exercised its Right ... [Read More]

E Inc. hires former Waze, Google executive as CMO

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Auto Remarketing Canada Staff
E Automotive Inc., which is the company behind the EBlock digital wholesale marketplace and the EDealer digital retail products, has hired a former Waze and Google executive as its first chief marketing officer. Joining E Inc. as CMO is Emma ... [Read More]

18 straight weeks of climbing wholesale vehicle prices in Canada

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Auto Remarketing Editor Joe Overby
Though the overall increase slowed, wholesale vehicle prices in Canada have now climbed for 18 consecutive weeks, according to Canadian Black Book. In the CBB Automotive Market Update released Tuesday the company said overall wholesale values were up 0.45% last ... [Read More]

Cox Automotive names Ajayi-Salako as Canadian site leader

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Auto Remarketing Canada Staff
Cox Automotive Canada has new leadership. On Monday, Cox Automotive announced that Ola Ajayi-Salako has been promoted to senior director, agile delivery, and will act as the site leader for Cox Automotive Canada, effective immediately. In this expanded role, the ... [Read More]

Mercedes-Benz Canada divesting Greater Toronto dealerships

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Auto Remarketing Canada Staff
Mercedes-Benz Canada is divesting all of its corporate-owned dealerships in the Greater Toronto Area, the company said Tuesday. Taking on ownerships of the dealerships, which are collectively referred to as the Toronto Retail Group, are the AWIN Group of Dealerships ... [Read More]

Multiple records for CBB Used Vehicle Retention Index

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Auto Remarketing Canada Staff
Not only did Canadian Black Book’s Used Vehicle Retention Index reach another record high in November, the month-over-month and year-over-year increases in the index were all-time highs, as well. Specifically, the CBB index was at 152.6 points for November, which beat ... [Read More]

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