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
Traffic soars at Ontario dealerships, plus Canadian vehicle sales insights
Joe Overby, Senior Editor
Foot traffic is up substantially at Ontario car dealerships. That’s according to a study commissioned by TRADER Corp. and conducted by EQ Works that looked at dealership visits at 750 stores in the province during May and June. Unique visitors to ... [Read More]
How used-car sales have fared for AutoCanada
Auto Remarketing Canada Staff
After a strong start to the year, with used retail unit sales up 16% year-over-year for the first two months of 2020, pre-owned sales in Canada for AutoCanada started to take a hit in mid-March amid the COVID-19 pandemic. But ... [Read More]
Women & Automotive moves to digital format for 2020
Auto Remarketing Canada Staff
The 2020 Women & Automotive Canadian Leadership Forum will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties ... [Read More]
AR Canada Conference 2020 goes all-digital
Auto Remarketing Canada Staff
The 2020 Auto Remarketing Canada Conference will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties involved is ... [Read More]
Equifax Canada examines ‘new normal’ for auto financing
Auto Remarketing Canada Staff
Equifax Canada looked to provide some clarity as auto-finance providers continue to navigate the challenges created by the coronavirus pandemic. The credit bureau recently released a whitepaper that reviewed credit-based insights for lenders to keep in mind as both dealers ... [Read More]
At least 2 automakers reach best-ever CPO totals in Canada
Joe Overby, Senior Editor
Here’s an encouraging sign for the Canadian used-car market from June: at least two automaker programs had their strongest months ever for certified pre-owned, and a third, is gaining ground. Starting with Hyundai, it reported its strongest certified pre-owned sales ... [Read More]
Dilawri expands into Laval with first Lexus store purchase
Auto Remarketing Staff
Dilawri Group of Companies has added its first Lexus dealership. And its first store in the Laval market. The automotive group announced Wednesday it purchased Lexus Laval in Quebec, putting Dilawri’s dealership count up to 75. The store, located at ... [Read More]
Manheim Canada launches sanitization service to help prevent COVID-19 exposure
Auto Remarketing Canada Staff
Manheim Canada announced last week that it would be launching a service to disinfect and treat vehicles sold through the company’s simulcast auctions to help prevent customer exposure to COVID-19 and other viruses. The Manheim Vehicle Disinfection Service started June ... [Read More]
Fitch Ratings explains latest assessments of Canadian auto ABS market
Auto Remarketing Canada Staff
Fitch Ratings tried to provide some clarity to the Canadian financial market as the nation looked to celebrate Canada Day this week amid the coronavirus pandemic. The firm said its recent downgrade of Canada’s issuer default rating (IDR) to AA+ ... [Read More]
Canadian auction volumes show signs of progress
Auto Remarketing Canada Staff
Auction sales volumes in the Canadian wholesale vehicle market are back to being at roughly 70% of where they would normally be, following another round of “significant growth” last week, according to Canadian Black Book. And further gains are likely ... [Read More]
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