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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

Used-vehicle retail prices move down

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Joe Overby, Senior Editor
Retail vehicle prices in Canada were down slightly month-over-month in May, though consumer interest and traffic — at least the online variety — was increasing. That’s according to the latest autoTRADER.ca Price Index report, which said the national median price ... [Read More]

ESP Auction, former ADESA CEO, join to buy TradeHelper platform

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Auto Remarketing Canada staff
Canadian auto auction ESP Auction and its president Alain Boisvert, along with former ADESA president and chief executive officer Stephane St-Hilaire, have acquired a majority stake in auction platform, TradeHelper. ESP Auction is a physical wholesale auto auction in Montreal. ... [Read More]

Used-car prices take sharp fall, but bright spots remain in wholesale market

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Auto Remarketing Canada Staff
After the largest monthly decrease in its 15-year history, the Canadian Black Book vehicle value retention index continued its descent in May, pushed by declining consumer confidence and auto-market uncertainty. And both wholesale and retail vehicle values are likely to ... [Read More]

Jaguar Land Rover Canada names Dealerware to power its courtesy vehicle program

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Auto Remarketing Canada staff
Jaguar Land Rover Canada has named connected car platform, Dealerware, to power its courtesy vehicle program, and that means Jaguar Land Rover retailers powered by Dealerware will now gain services such as contactless contracting and pickup and delivery. The decision ... [Read More]

autoTRADER.ca marketplace now includes digital retailing

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Auto Remarketing Canada staff
Stating that the new service is the first of its kind to offer online transaction capabilities on a major Canadian automotive marketplace, TRADER Corp. has launched digital retailing on autoTRADER.ca. The new digital retailing service will work in conjunction with ... [Read More]

Used or new? Delayed or soon? Canadians share car-buying plans

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Auto Remarketing Canada Staff
Close to three-fifths of Canadian shoppers surveyed by CarGurus last month plan on buying a vehicle this year, with 41% saying they had intended to, but are now putting off that purchase. The survey, which was conducted among 500 Canadians, ... [Read More]

Axis Auto Finance on COVID-19 response, $6.25M bank loan

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Auto Remarketing Canada Staff
Axis Auto Finance provided a wide-ranging shareholder update this week, including that the subprime automotive finance company closed on a $6.25 million term loan with a Schedule 1 bank. From the onset of the pandemic and the government-mandated measures to ... [Read More]

New account management, business development director for Safe-Guard Canada

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Auto Remarketing Canada staff
Safe-Guard Products International LLC has named Mary Buhr as director of account management and business development for Safe-Guard Canada. Safe-Guard Products International is a provider of third-party private label protection products for the automotive, RV, marine and powersports industries, and ... [Read More]

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]

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