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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
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

AutoCanada extends Ontario footprint with latest acquisition

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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

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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]

Canada Drives signs Grey Cup sponsorship deal with CFL

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Auto Remarketing Canada Staff
Canada Drives has lined up a deal to be the official Used Car Retailer & Auto Finance partner of the Canadian Football League, according to a release from the CFL. The partnership is a multi-year deal and will include various ... [Read More]

Clutch secures $100M in Series B funding

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Auto Remarketing Canada Staff
Online auto retail platform Clutch has raised $100 million (CAD) in Series B equity financing led by D1 Capital Partners. Also participating in the round announced last week were Flight Deck Capital, Canaan Partners, Upper90, Real Ventures, GFC, Brand Project and ... [Read More]

EBlock, EDealer parent closes IPO

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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, said Wednesday it has closed its initial public offering. The offering of 5.9 million common shares priced at $23.00 (CAD) per ... [Read More]

Kijiji Autos, Cox Automotive Canada launch digital retail marketplace

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Auto Remarketing Canada Staff
Kijiji Autos has teamed up with Cox Automotive Canada to launch a digital retail marketplace, the companies announced Monday. Through the Kijiji Autos solution enabled by Cox Automotive and utilizing its Dealertrack and Kelley Blue Book capabilities, consumers can pick ... [Read More]

E Inc. goes 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, is officially a publicly traded company in Canada.   Common shares of the company began trading on the Toronto Stock Exchange ... [Read More]

AiM to provide inspections for North American transactions on TRADE X cross-border platform

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Auto Remarketing Canada Staff
TRADE X, a Canada-based cross-border automotive trading platform, said Tuesday it has teamed up with Alliance Inspection Management for used-car inspections in North America. Under the partnership, AiM will be the inspection provider for all TRADE X transactions in the ... [Read More]

11 straight weeks of rising wholesale vehicle prices in Canada

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Auto Remarketing Canada Staff
Like the 1970s Canadiens or 1980s Islanders, the wholesale vehicle market in Canada is on a streak. Wholesale prices have now climbed 11 straight weeks, according to Canadian Black Book, which said in a market update that values were up ... [Read More]

Newfoundland and Labrador Credit Union finalizes agreement with AFG Canada

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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]

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