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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
Ted Berlovich of Clutch
Continuing the discussions from the Live Stage at Canada’s Used Car Week, senior editor Joe Overby connects with Ted Berlovich, director of wholesale at online used-car retailer Clutch. Berlovich explained the company’s wholesale process, how the company handles some of ... Listen Here

Financial incentives & alternative shopping, top considerations of autoTRADER.ca visitors

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Auto Remarketing Canada staff
Financial incentives are the most significant factor in shopping for or purchasing a vehicle. The most popular purchase incentive among consumers? A zero-percent financing offer. Those are among the findings of a new study from TRADER Corp., which surveyed more than ... [Read More]

COMMENTARY: Times have changed — Adapt to the new normal

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Brian Murphy, Canadian Black Book
It’s nice to be able to spread some good news amongst so many dreary reports of late. Car dealerships are beginning to reopen across Ontario and Quebec, which represents 65% of new-car sales in Canada. This is great news! As ... [Read More]

COMMENTARY: The chickens have come home to roost

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Jeffrey Fallowfield , Guest Contributor
Finally, we are seeing some action on restarting the economy! The various levels of government are taking a very cautious approach, as they should, in allowing more businesses to open, albeit on a restricted basis and with significant protocols in ... [Read More]

J.D. Power: Crisis intensifies what dealers want from lenders

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Auto Remarketing Canada Staff
J.D. Power sees the coronavirus pandemic as a significant opportunity for Canadian auto finance companies, especially as overall industry satisfaction readings are mixed year-over-year. As the operational and financial effects of COVID-19 cause havoc to the auto sector and bring ... [Read More]

Investment could help EVs become lighter, less expensive

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Auto Remarketing Canada staff
Inmotive, which produces the patent-protected Ingear two-speed transmission for electric vehicles, has closed a $7.5-million Series A round of funding. For Toronto-based Inmotive, the investment means the company is a step closer to helping plug-in electric vehicles become lighter and ... [Read More]

Canadian Black Book finds ‘good news’ within latest COVID-19 market update

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Auto Remarketing Canada Staff
Along with updating its most likely and severe recession scenarios for how wholesale prices might perform, Canadian Black Book began its latest COVID-19 update with what analysts declared to be “good news.” Canadian Black Book highlighted on Monday that those ... [Read More]

Hoping to ease ‘extenuating circumstances,’ Porsche extends new-car warranty

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Auto Remarketing Canada staff
Stating it was taking the action because of “greatly restricted business” at many Porsche centers that has taken place recently, the luxury automaker is extending the new-car warranty by three months for all vehicles with a new-car warranty expiring between March ... [Read More]

CarGurus implements 20% rate discount for June

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Auto Remarketing Canada staff
For its subscribing dealerships in Canada, CarGurus has announced a 20% rate reduction for the month of June. CarGurus said it intends for the reduction to provide extended cost relief, and the company said that with the reduction, Canadian dealers ... [Read More]

New virtual F&I product from Sym-Tech Dealer Services

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Auto Remarketing staff
North American F&I provider Sym-Tech Dealer Services has taken its F&I Performance product and developed a full turnkey virtual F&I product that dealers can use in an entirely online environment. Sym-Tech has developed the product while noting that the shift ... [Read More]

10 Most-funded retail used vehicles in Q1

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Auto Remarketing Canada Staff
It was a strong start to 2020 for the Canadian used-car industry. But as the impact of COVID-19 took hold in March, the first quarter ended up softer than the year-ago period. In fact, there was a 1.5% year-over-year dip ... [Read More]

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