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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

EBlock buys TradeHelper & ESP Auctions

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Auto Remarketing Canada Staff
EBlock continues to grow, and this time, it has made a move in Canada. The company announced Wednesday it has acquired digital dealer-to-dealer auction marketplace TradeHelper and parent company ESP Auctions. The latter is a Montreal-based independent auction. ESP owner ... [Read More]

TRADE X purchases Techlantic

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Auto Remarketing Canada Staff
Cross-border vehicle trading platform TRADE X said Tuesday it has reached a deal to buy Techlantic Ltd., a vehicle trading, redistribution and financing company based out of Ontario. Terms of the deal, which closed on Aug. 31, were not disclosed. ... [Read More]

Vincentric names Best CPO Value in Canada winners

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Auto Remarketing Canada Staff
Vincentric announced its 2021 Best CPO Value in Canada Awards this week, and leading the pack were Kia and Mazda. Each of those automakers earned one brand award apiece, and each took home four model-level awards. Specifically, Kia earned brand ... [Read More]

Lithia launches in Canada

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Joe Overby, Senior Editor
Lithia & Driveway has expanded into Canada. The U.S. retailer, which is publicly traded on the NYSE, announced Tuesday it has purchased Toronto-based Pfaff Automotive Partners, representing Lithia’s first-ever acquisition outside of the U.S. Lithia, which is based in Oregon and ... [Read More]

TRADE X closes financing round with additional $10M in funding

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Auto Remarketing Canada Staff
Vehicle trading platform TRADE X said Monday it has completed a financing round announced in late July, bringing in additional equity funding of $10 million (USD). Leading the additional equity funding are new investors that include EchoVC, Frontier Ventures and Upgrowth. ... [Read More]

CBB promotes Biswah to senior vice president and general manager

Yolanda Biswah for web
Auto Remarketing Canada Staff
Auto Remarketing Canada included Yolanda Biswah among the Women & Automotive Profiles in Leadership three years ago. On Thursday, Biswah continued to show her leadership abilities, having landed another executive promotion at Canadian Black Book since joining the company in ... [Read More]

Reynolds partners with DealerCorp to deploy deskit & stockit

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Auto Remarketing Canada Staff
A dealership software company with a significant presence in the United States is looking to broaden its footprint to the North. Reynolds and Reynolds recently announced a new partnership in Canada with DealerCorp Solutions, a software company with a focus ... [Read More]

FICO & TransUnion of Canada renew distribution agreement

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Auto Remarketing Canada Staff
Two major finance industry players in Canada are making sure the foundation for proper underwriting remains sound. FICO recently announced that it has extended a multi-year agreement with TransUnion of Canada to distribute FICO scores to lenders, consumers and additional ... [Read More]

TEDA International Auto Group set to launch online retailing platform inspired by Carvana

carlala for web
Auto Remarketing Canada Staff
The Canadian online vehicle retailing space will have another participant by the end of the year. And it’s inspired by one of the well-known operations from the United States. Last week, TEDA International Auto Group — a multinational, specialty automotive ... [Read More]

ADP Canada spots significant employment improves in June & July

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Auto Remarketing Canada Staff
Not only did the job scene improve in July, experts determined the Canadian employment picture didn’t deteriorate as bad in June as initially indicated. Employment in Canada increased by 221,300 jobs from June to July, according to the July ADP ... [Read More]

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