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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

Newfoundland and Labrador Credit Union finalizes agreement with AFG Canada

car leasing
Auto Remarketing Canada Staff
More financing options now are available for dealerships and their customers in Canada’s rural provinces. Last week, AFG Canada announced that Newfoundland and Labrador Credit Union (NLCU), a financial institution based in Newfoundland, has signed on to AFG Canada’s Leasing ... [Read More]

DRIVING INSIGHTS: Is it time to change how your team handles sales & finance?

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Drew Harden, CARFAX Canada
Today, the typical vehicle buying process means that customers may spend hours building a relationship with a salesperson, only to be handed over to a business manager once they’ve finally worked out a deal. Plus, we know the wait time ... [Read More]

NowLake expected to take 23% stake in Axis after $15M investment

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Auto Remarketing Canada Staff
Axis Auto Finance said Tuesday it has landed a $15 million strategic investment from NowLake Technology, which is projected to own roughly 23% of the issued and outstanding common shares in the fintech lender specializing in the alternative auto finance ... [Read More]

TradeRev launches tool to help dealers gauge retail interest in vehicles on platform

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Auto Remarketing Canada Staff
TradeRev, which is KAR Global’s dealer-to-dealer online wholesale platform for the Canadian market, has launched a Retail Vehicle Details Page that it says can help dealers figure out consumer interest in a vehicle before they buy it wholesale. Through this ... [Read More]

E Inc. files preliminary prospectus to go public in Canada

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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 filed and obtained a receipt for a preliminary base PREP prospectus for a proposed initial public offering in Canada. The ... [Read More]

Supply challenges drive wholesale vehicle values up for 9th week

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Auto Remarketing Canada Stafff
It was still practically the heart of summer the last time used-car prices didn’t rise in Canada. Pushed by softening inventory levels, wholesale vehicle prices in Canada have now climbed nine straight weeks, according to Canadian Black Book. Calling the ... [Read More]

COMMENTARY: Creating a superior experience through customized financing technology

Vladimir Kovacevic for web
Vladimir Kovacevic , Inovatec Systems Corporation
Just like customers test-drive numerous cars before finding the best deal for the perfect make, model, features, and color, automotive dealers need to be discerning about their technology partners. The loan origination process is a perfect example. Typically mired by ... [Read More]

Update on Canadian CPO sales through Q3

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Joe Overby, Senior Editor
As we turn the page on another quarter of 2021, here’s a rundown of how the certified pre-owned vehicle market is faring in Canada, based on sales reports shared by automakers. Starting with Mercedes-Benz Canada, the company said that within ... [Read More]

Canada Drives now available to online auto shoppers in Alberta

Canada Drives
Auto Remarketing Canada Staff
Canada Drives has added f Alberta to its online car shopping delivery service network, following launches in Ontario and British Columbia. This translates to Canada Drives' inventory of over 1,200 vehicles being available to 24 million Canadians.  Now, Albertan car shoppers can can ... [Read More]

AutoCanada continues efforts to match collision center network to dealers

autocanada
Auto Remarketing Canada Staff
AutoCanada, who currently operates 66 franchised dealerships covering 27 brands, just purchased a new collision center located in Airdrie, Alberta.  The dealer group announced the acquisition of Airdrie Autobody, which has been serving the Airdrie community for over 25 years, and is ... [Read More]

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