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: 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

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

line-cars-2_26
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

merger and acqusition red greeen and white_0 (1) (1)
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

board-room
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

auto-auction_71
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

cox automotive canada for web
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

2020_MB_Mississauga_Banner_2
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

Untitled
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]

TRADE X lines up more debt financing for global expansion

TRADE_X_Luciano_And_Ryan_0_0
Auto Remarketing Canada Staff
TRADE X, a Canada-based cross-border automotive trading platform, has lined up more debt financing. The company said Tuesday it has secured two additional asset-backed lines of credit, both of which are $25 million (USD) with accordion features to expand to ... [Read More]

AutoCanada extends Ontario footprint with latest acquisition

merger and acquisition pic on table_2_0
Auto Remarketing Canada Staff
AutoCanada has more than doubled its presence in Ontario with its latest acquisition. The Edmonton-based dealer group said Wednesday it has completed its purchase of 11 Autopoint Group dealerships in southwestern Ontario. AutoCanada now has 18 stores in the province. ... [Read More]

AutoVerify partners with iA Dealer Services

Untitled_47
Auto Remarketing Canada Staff
AutoVerify announced earlier this month that it has integrated iA Dealer Services products into its AutoVerify Spotlight piece of its digital merchandising solution. This partnership is designed to help dealers boost F&I penetration. AutoVerify said it can give dealers a “one-stop-shop” ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X