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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

Cox Automotive to transition Canadian reporting structure into US operations

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Auto Remarketing Canada Staff
Cox Automotive confirmed in a statement Tuesday that it is moving its Canadian reporting structure into its U.S. operations as part of plans to “simplify its structure for local and global customers.” Maria Soklis, who is president for Cox Automotive Canada ... [Read More]

LGM, Big Think+ partner to open up expansive video learning opportunities for dealers

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Auto Remarketing Canada Staff
A new partnership with Big Think+ will give LGM Financial Services dealer training customers access to an expansive archive of video lessons that teach "essential 21st century skills from the world's top minds."  Now, on top of LGM's training modules already in ... [Read More]

HGreg Group sets sights on nationwide presence in Canada and US

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Arlena Sawyers, Correspondent
HGreg Group, which operates new- and used-car dealerships in Canada and the United States, has set its sights on creating nationwide presence in each country within a “few years,” said its top executive. “We’ll be opening new store fronts and ... [Read More]

AutoVerify purchases AIM Experts to ramp up inventory marketing capabilities

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Auto Remarketing Canada Staff
AutoVerify has purchased AIM Experts, in an effort to alleviate pain points in the auto-sales process for both shoppers and dealers.  For dealers specifically, AutoVerify said the purchase will help solve dealer pain "end-to-end" by integrating AIM’s inventory management and automated content ... [Read More]

Finch Hyundai adapts to meet supply challenges

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Daryl Lubinsky, Correspondent
At Finch Hyundai, the used-car side coincides with its new-car inventory. “The more new cars you have, the more trade-ins you take in,” said Hass Hijazi, who is general manager and partner for Finch Hyundai in London, Ontario.  Finch Hyundai ... [Read More]

CBB & TRADE X enter data integration partnership

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Auto Remarketing Canada Staff
Canadian Black Book and TRADE X, a global B2B cross-border vehicle trading platform, have entered a data integration agreement. As part of that deal announced Thursday, CBB’s historical post-transactional wholesale valuation and transactional data and its proprietary enhanced vehicle matching ... [Read More]

CarDoor receives $3M seed financing via Framework Venture Partners

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Auto Remarketing Canada Staff
Toronto-based online car retailing platform CarDoor has received  $3 million in seed financing. The new injection of funding comes from Framework Venture Partners.  CarDoor said the latest financing will help the company expand its online platform and service to "reach ... [Read More]

SCI MarketView changes brand, names new president

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Auto Remarketing Canada Staff
SCI MarketView changed its name to taq Automotive Intelligence this week, which it describes as a move related to the ever-evolving automotive sales market and digital sales strategy.  The move reflects the company’s "evolution towards reinventing automotive sales and purchasing."  “From ... [Read More]

AutoCanada adds Montreal’s Autolux to Collision Center lineup

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Auto Remarketing Canada Staff
Dealer group giant AutoCanada has purchased a new collision center in Montreal. Its new addition — Autolux MB Collision — is a luxury-brand certified Mercedes-Benz collision center with over 30 years of experience in its market.  "The addition of this high-quality collision centre is ... [Read More]

4 straight weeks of wholesale vehicle price declines

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Auto Remarketing Canada Staff
Wholesale vehicle prices in Canada have climbed four consecutive weeks, amid tight supply that’s often gobbled up as soon as buyers can get their hands on a vehicle. That’s according to the latest Canadian Auto Market Update from Canadian Black ... [Read More]

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