The News Media of the Pre-Owned Industry

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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
Path to delivering education in Spanish with Ignite Dealer Compliance Group
Steve Levine has dozens of dealer clients with Spanish as their native language. Those dealers also have hundreds of Hispanic customers who cannot speak or understand English. To fill compliance and training gaps created by language challenges, the owner of ... Listen Here
SPONSORED EPISODE: Allied Solutions explains why origination is episodic, but servicing is continuous
John Elias, sales specialist in auto finance business development for Allied Solutions, is back as the guest for another sponsored episode of the Auto Remarketing Podcast. Elias explains why current market conditions, affordability pressures and changing vehicle values are combining ... Listen Here

CARFAX Canada service helps provide peace of mind on maintenance

carfax canada
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

line of cars_227900236_4_0_0_0
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

HCCA for web
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

growth chart with man
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

Untitled
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

Hyundai 6-24 shutterstock_1404156089_0_0
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

openroad for web
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

preowned image_1_0_0_0_0_1_0_0
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

FordF150_03(1)_23_0_0
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

2020-Mazda-CX-5-Signature for web
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]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X