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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
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

Low wholesale supply keeps vehicle price declines less steep than usual

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Joe Overby, Senior Editor
Wholesale vehicle prices in Canada have now fallen for five straight weeks, but take that trend with a grain of salt. According to Canadian Black Book’s latest weekly COVID-19 Market Update, the declines are lower than seasonally expected and pale ... [Read More]

Canada Drives receives more accolades from Deloitte Canada

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Auto Remarketing Canada Staff
Deloitte Canada continues to see quite a notable performance originating from Canada Drives. According to a news release distributed this week, the fintech firm and online retailer has been presented with an Enterprise Fast 15 award from Deloitte Canada in ... [Read More]

Used cars a major Q3 highlight for AutoCanada

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Joe Overby, Senior Editor
Among other factors, strong used-vehicle operations helped AutoCanada notch a solid third quarter, according to quarterly results announced by the retailer last week. Looking at the consolidated operational data, AutoCanada (which operates in both the US and Canada) retailed 8,836 ... [Read More]

Canada investment seeks to address EV adoption barriers

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Auto Remarketing Canada Staff
To help solve electric vehicle adoption challenges, Hon. Seamus O'Regan, Canada’s minister of natural resources, on Tuesday announced a $1 million investment in SWTCH. That company will demonstrate a blockchain-based EV charging platform that it says will significantly reduce the ... [Read More]

Canadian CPO sales update through October

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Joe Overby, Senior Editor
The record streak continues for Hyundai Canada’s H-Promise certified pre-owned program. Its dealers moved 1,207 CPO units last month, which was the program’s best October ever. Hyundai has now gone five consecutive months with CPO sales representing a high for ... [Read More]

Mazda teams with Medallia for customer engagement, experience efforts

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Auto Remarketing Staff
Mazda Canada is turning to experience management company Medallia, utilizing several of its tools across its dealerships to help “understand customer sentiment,” the latter said in a news release late last month. “2020 represents our 100th year in business. This ... [Read More]

‘A much quieter and stable’ wholesale car market in Canada

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Auto Remarketing Canada Staff
Here’s a phrase you don’t often hear during 2020’s topsy-turvy automotive market: “much more even-tempered.” But alas, that’s how Canadian Black Book describes wholesale vehicle price trends at October’s end. There was a 0.03% dip in prices this past week ... [Read More]

CARFAX offers details on its continued Canadian growth

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Auto Remarketing Canada staff
To accommodate its continuing growth in Canada, CARFAX said it will add hundreds of highly skilled jobs in the next few years. To house the expanding 230-plus person team, the company invested in a new 48,555-square-foot, state-of-the-art office space. The ... [Read More]

New app from Volvo Canada allows for remote service appointment pickup & drop-off

Volvo Valet
Auto Remarketing Canada
Volvo Cars Canada said Monday it has launched an app-based pickup and drop-off service that allows Canadians to have their vehicles serviced and not leave their home or office. Through Volvo Valet, which is available on iOS and Android smartphone ... [Read More]

CBB used-vehicle retention index at highest-ever level

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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]

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