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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

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]

Policaro Group expands via new stores, enhanced premium services 

policaro
Auto Remarketing Canada Staff
Policaro Automotive is continuing its quest to "redefine the automotive retail experience," this time through premium service offerings and new franchises for its customers to shop.  In July, the dealer group broke ground on a new Porsche store in Kitchener-Waterloo. The ... [Read More]

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