SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here
Vincenzo Ciampi of iA Financial Group
Next up on the Canada’s Used Car Week Live Stage is Vincenzo Ciampi . who is senior vice president, of auto finance and dealer services for Canada at iA Financial Group. Ciampi talks with Cherokee Media Group’s Joe Overby about ... Listen Here
CBB used-vehicle retention index at highest-ever level
Auto Remarketing Canada Staff
The Canadian Black Book Used Vehicle Retention Index reached a record high last month, but perhaps even more telling, it has made up for the lost ground amid COVID-19. In a news release accompanying the index, Canadian Black Book said ... [Read More]
Carfuffle: App brings together consumers, vehicle services
Auto Remarketing Canada Staff
Carfuffle is a vehicle management app, and co-founder Dennis Lecos said the product — which is a play on the word, “kerfuffle,” — “takes the confusion or commotion out of vehicle ownership.” The company says the app provides Canadian car ... [Read More]
LeaseCosts Canada tops 5,000 online vehicle listings for transfer
Auto Remarketing Canada Staff
Despite the challenges created by the coronavirus pandemic, LeaseCosts Canada still is tracking toward reaching its goal of vehicles listed on its online auto leasing marketplace. Officials highlighted in a recent news release that the LeaseCosts Lease Takeover Network now ... [Read More]
OpenRoad opens new Hyundai store in Richmond
Auto Remarketing Canada Staff
OpenRoad Auto Group said last week it has opened what the group says is the largest new Hyundai dealership in Western Canada. OpenRoad Hyundai Richmond is a 33,000-square-foot dealership located at the Richmond Auto Mall and it replaces the group’s ... [Read More]
Mercedes-Benz Newmarket joins Zanchin group; ex-Mercedes Canada CEO to run store
Auto Remarketing Canada Staff
Zanchin Automotive Group has added Mercedes-Benz Newmarket, which will be led by former Mercedes-Benz Canada president Brian Fulton. Fulton, who held that Mercedes-Benz Canada CEO role from 2016 until July, will be Mercedes-Benz Newmarket’s managing partner. “Bringing all of the many ... [Read More]
Mercedes-Benz Canada posts 3 straight months of record CPO sales
Joe Overby, Senior Editor
In a positive sign for Canada’s used-car market, at least two automakers are reporting record certified pre-owned sales. Mercedes-Benz Canada, for example, had record CPO sales in July, August and September, the company said when reporting quarterly sales results. It ... [Read More]
Ford, Acura take top honors in ‘Best CPO Value in Canada’
Auto Remarketing Canada Staff
Ford earned six awards, including Best CPO Value Truck brand, as Vincentric announced its third-annual Best Certified Pre-Owned Value in Canada Awards on Tuesday. Acura also had a strong 2020 showing. That brand earned five total awards, including Best CPO ... [Read More]
Former Cox Automotive leaders in US join fintech provider PowerBand
Auto Remarketing Canada Staff
Two former Cox Automotive leaders in the U.S. have joined a company that describes itself as “a fintech provider disrupting the automotive industry.” John Canales and Brent Green are now senior advisers with PowerBand Solutions, which offers an integrated, cloud-based ... [Read More]
Axis Auto Finance sets 3 records during 2020 fiscal year
Auto Remarketing Canada Staff
Despite the obstacles created by the coronavirus pandemic, Axis Auto Finance recently reported that it set a new record for originations and two other metrics during its 2020 fiscal year that closed on June 30. The publicly traded subprime automotive ... [Read More]
HGregoire offers satisfaction-guarantee extension
Auto Remarketing Canada Staff
Seeing a clear increase in online transactions, HGregoire Automotive Group has extended the length of its satisfaction-guaranteed, money-back program. The extension is from three to seven days, and once a customer purchases a vehicle from HGregoire, he or she has ... [Read More]
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