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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
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

C2B car-selling startup raises $4.2M in initial funding round

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Auto Remarketing Canada Staff
Autozen, a consumer-to-business marketplace that aims to give consumers “an easier, safer and more transparent way” to sell their vehicles, said Tuesday it has generated $4.2 million in an initial funding round. The company, which is in the final stages ... [Read More]

AutoVerify to roll out 2nd Dealer Support Program

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Auto Remarketing Canada
AutoVerify announced a second Dealer Support Program on Wednesday that will waive monthly software fees through July 31 for new customers of the AutoVerify Suite. The AutoVerify Suite now has e-commerce capabilities, the company said. With that expansion, the digital ... [Read More]

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]

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