SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
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
Pandemic repercussions affect Canadians’ approach to car buying
Auto Remarketing Canada Staff
Canadians are driving less. As a result, they are buying less. The result of less driving, says Canadian Black Book, is a reduced sense of urgency when it comes to buying a new vehicle. That is according to a CBB study ... [Read More]
AutoTRADER.ca survey: Car purchasing resilient through pandemic
Daryl Lubinsky, Correspondent
Various themes emerged from a January AutoTRADER.ca survey of Canadian car shoppers. But TRADER Corp. vice president of marketing Lilian Lau highlighted one of the survey’s main insights. “Great news: People are buying cars,” she said. AutoTRADER.ca asked Canadian car ... [Read More]
Cox Automotive Canada expands senior leadership team
Auto Remarketing Canada Staff
Cox Automotive Canada has expanded its senior management team, adding four new leaders, including longtime J.D. Power and Canadian Black book analyst Brian Murphy. Coming aboard as chief customer officer for Cox Automotive Canada is Laurent Villanueva, who was most ... [Read More]
ADESA Assurance provides 30-day vehicle return guarantee
Auto Remarketing Canada Staff
ADESA has launched a new return guarantee available to ADESA and TradeRev customers in Canada that allows participating dealers to return eligible vehicles within 30 days for a full refund of the purchase price and associated buy fee. The new ... [Read More]
Fox Dealer offers live text and video chat product to GM Canada dealers
Auto Remarketing Canada Staff
eCommerce and digital marketing company Fox Dealer now offers GM Canada dealers a live text and video chat product through General Motors Dealer Digital Solution program. The product is called Fox Chat, and instead of forcing the use of a separate app, ... [Read More]
Automakers share January CPO results
Joe Overby, Senior Editor
There appeared to be a bit of auto retail challenge around shutdowns in Ontario and Quebec as 2021 gets underway, and that is impacting certified pre-owned sales. Here's a roundup of January CPO sales results shared by automakers, thus far. At Hyundai, ... [Read More]
Cox Automotive Canada’s Black Employee Network uses inaugural event to celebrate & inspire
Auto Remarketing Canada Staff
Cox Automotive Canada’s Black Employee Network (BEN) recently celebrates its successes while reiterating more work remains to be completed during Black History Month and beyond. According to a company news release, BEN hosted more than 500 team members from Canada, ... [Read More]
Zanchin Automotive names COO
Auto Remarketing Canada Staff
Zanchin Automotive Group announced a new chief operating officer earlier this month: Neal Bodack, who joined the group in 2016 as managing partner of Mercedes-Benz Durham. Bodack, who has served on Zanchin’s senior management team since joining the company, came ... [Read More]
Vehicles awarded as top value holders
Auto Remarketing Canada Staff
As J.D. Power’s director of ALG industry solutions Michelle MacDonald described residual values as the backbone of the auto leasing business in Canada, ALG announced the winners of the J.D. Power 2021 Canada ALG Residual Value Awards. The J.D. Power ... [Read More]
Used-car value trend lines in Canada
Auto Remarketing Canada Staff
Make it 16 weeks straight declines for both car and truck/SUV segment group values. According to Tuesday’s Canadian Auto Market Update from Canadian Black Book, car values were down 0.26% last week, truck/SUV values fell 0.17% and the overall market ... [Read More]
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