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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

CARFAX Canada service helps provide peace of mind on maintenance

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Auto Remarketing Canada Staff
 A new CARFAX Canada service helps vehicle owners stay on top of car maintenance schedules and keep track of service records, including reminders that alert users of upcoming service recommendations specific to their vehicle. CARFAX Canada said the free service, ... [Read More]

Wholesale price index closes 2020 at record high

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Auto Remarketing Canada Staff
The Canadian Black Book Used Vehicle Retention Index was at a record high in December, beating the prior all-time high — set just a month earlier — by 0.8 points, and eclipsing the prior-figure figure by 3.1 points. That’s according to ... [Read More]

Hyundai Capital Canada again honored among Greater Toronto’s Top Employers

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Auto Remarketing Canada Staff
Hyundai Capital Canada  had a reason to celebrate this week, announcing that it was named among Greater Toronto’s Top Employers for the second year in a row by The Globe and Mail. Headquartered in Toronto, the company that provides lease ... [Read More]

Axis’ senior credit facility rises to $100M

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Auto Remarketing Canada Staff
Axis Auto Finance started the year with more resources to generate originations and at terms more favorable for the technology-driven finance company. According to a news release distributed last week, Axis announced that it has expanded its senior secured credit ... [Read More]

KBB launches Inventory Lead Program for Canadian dealers

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Auto Remarketing Canada Staff
Cox Automotive Canada announced Monday that Kelley Blue Book has launched an Inventory Lead Program for Canadian dealers that can help them connect with car buyers directly through the new KBB.ca site. KBB has also revamped its MarketLens and Pricing ... [Read More]

Hyundai Canada posts best-ever year for CPO

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Joe Overby, Senior Editor
Even amid a pandemic, at least one automaker was at a record high for certified pre-owned in 2020. That would be Hyundai, which had its strongest year ever for CPO sales, said Charles Plewes who is manager of CPO and marketing national ... [Read More]

OpenRoad Walkathon generates nearly $47K for food banks

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Auto Remarketing Canada Staff
OpenRoad Auto Group raised close to $47,000 for local food banks in British Columbia and Ontario — literally one step at a time. The company’s dealership staff and corporate employees generated those funds through their inaugural OpenRoad Walkathon. Hundreds of ... [Read More]

DRIVING INSIGHTS: How to defeat the No. 1 pain point of Canadian used-car buyers

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Drew Harden, CARFAX Canada
After surveying thousands of Canadians, we found that the biggest pain points customers have when buying used cars is that they don’t know if the vehicle is in good shape. Purchasing a car is one of the biggest decisions in ... [Read More]

F-150 is top-searched vehicle in Canada

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Auto Remarketing Canada Staff
Canadian automotive marketplace autoTRADER.ca says the global pandemic has not caused a slowdown in searches for luxury vehicles in Canada. According to 2020 data from autoTRADER.ca, the company's annual top searched vehicles list noted what it described as “favourites from ... [Read More]

Mazda CPO vehicles equipped with satellite radio now come with 3 months of SiriusXM

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Auto Remarketing Canada Staff
It now literally can be music to the ears of Mazda dealers who retail certified pre-owned vehicles equipped with satellite radio. On Monday, SiriusXM Canada announced today a multi-year agreement with Mazda Canada to extend the ongoing relationship between the ... [Read More]

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