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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
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

AutoCanada continues to build used-car program with latest purchase

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Auto Remarketing Canada Staff
AutoCanada has purchased Ontario independent dealer Mark Wilson’s Better Used Cars, a move the retailer says augments its plans of building its Used Digital Retail Division. This is the second independent dealer AutoCanada has purchased. In a similar move, the ... [Read More]

Record used-car price streak snapped, but values still up 20% from prior year

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Auto Remarketing Canada Staff
July was an interesting month for wholesale vehicle prices in Canada. On one hand, Canadian Black Book’s Used Vehicle Retention Index was up 20.3% year-over-year, and was off a mere 0.3% from June, which was the 10th straight month of ... [Read More]

Policaro Group to open Porsche dealership in Kitchener-Waterloo

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Auto Remarketing Canada Staff
The Policaro Group, an Ontario-based dealer group, announced last month it has broken ground on a new Porsche store in Kitchener-Waterloo. The store, set to be located at 1705 Victoria Street North in Waterloo, is Policaro’s second Porsche franchise. The ... [Read More]

CARFAX Canada launches service retention program

CARFAX for Life Launches
Auto Remarketing Canada Staff
Earlier this month, CARFAX Canada launched its new CARFAX for Life service retention program that’s designed to give dealerships a way to boost customer loyalty and repeat service business. Customers of dealerships that are enrolled in CARFAX for Life receive ... [Read More]

TRADE X announces $44 million equity investment

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Auto Remarketing Canada
TRADE X, which is an Ontario-based global cross-border B2B vehicle trading platform, announced a $44 million CAD ($35 million US) equity investment from Toronto-based holding company Aimia on Tuesday. TRADE X may issue an additional $10 million (USD) of convertible ... [Read More]

AR Canada Conference digital event returns next week

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Auto Remarketing Canada Staff
The Auto Remarketing Canada Conference is an annual event bringing together all corners of Canada’s used-vehicle industry to learn about the latest trends in the auto business, share best practices and network.    The two-day event, scheduled for July 20-21, ... [Read More]

Slower gains in Canadian vehicle prices, but market still strong

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Auto Remarketing Canada Staff
While the degree of increase was lower, it was a steadily strong week for the Canadian wholesale vehicle market, according to Canadian Black Book, which found overall prices were up 0.01% for the week ending July 2. That compares to [Read More]

How certified car sales are faring in Canada

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Auto Remarketing Canada Staff
At the halfway point of 2021, the certified pre-owned market in Canada is showing some promise.  Below is a roundup of how various automakers are faring, based on results provided to Auto Remarketing Canada. [Read More]

Gains in Canadian used-car prices ease

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Auto Remarketing Canada Staff
While wholesale vehicle prices in Canada were still up last week, the rate of increase eased, according to the Canadian Auto Market Update released Tuesday by Canadian Black Book. [Read More]

Mitsubishi names new president & CEO for Canadian business

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Auto Remarketing Canada Staff
In addition to new digital retailing capabilities, Mitsubishi Motors Sales of Canada has named a new president and chief executive officer. The company announced Thursday that Kenji Harada, who has been the MMSCAN’s chief operating officer since April 1, would ... [Read More]

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