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
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]
2021 winners of autoTRADER.ca Awards
Auto Remarketing Canada Staff
The 2021 autoTRADER.ca Awards were announced Monday, honoring new vehicles across 22 categories, including three “Best Overall” nods. Starting at the top, the Best Overall Car award went to the Genesis G70, while the Best Overall SUV honors went to ... [Read More]
Top 10 vehicles stolen in Canada
Auto Remarketing Canada Staff
Hellosafe.ca chief director Antoine Fruchard released findings on Tuesday stemming from a study about vehicles stolen in 2019 developed using data published by Statistics Canada and the Insurance Bureau of Canada (IBC). Along with determining which provinces had the most ... [Read More]
Wholesale vehicle prices continue streak of declines
Auto Remarketing Canada Staff
Wholesale vehicle prices in both car and truck/SUV segment groups have now declined 15 straight weeks, with the drop in car prices a bit higher than seasonally expected last week and truck declines aligning with typical trend lines. That’s according ... [Read More]
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