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