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Jeremy Louisos of Preowned Auto Logistics Returns to Show
Our “PAL” Jeremy Louisos of Preowned Auto Logistics is back on the show for a wide-ranging conversation about his work on remarketing industry committees and conferences, top issues and hot topics in auto transport and much more. The interview is ... Listen Here
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

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]

Update on Canadian certified sales

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Joe Overby, Senior Editor
Here’s a rundown of how certified pre-owned sales have fared in Canada, based on automakers sharing results with Auto Remarketing Canada. Subaru Canada moved 480 certified units in November, compared to 362 a year ago. That put the year-to-date tally ... [Read More]

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