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
New general manager to lead ADESA Moncton
Auto Remarketing Canada staff
Jeff LeBlanc is the new general manager at ADESA Moncton in New Brunswick, and ADESA Canada regional vice president Simon Robitaille says LeBlanc “has established relationships within the local dealer community.” LeBlanc “will provide a foundation for ADESA Moncton to ... [Read More]
Axis Auto Finance sets 2 records during Q2 of fiscal year
Auto Remarketing Canada Staff
Axis Auto Finance closed the second quarter of its 2020 fiscal year with a pair of records, aided in part by its partnership with Westlake Financial Services and Nowcom Corp. forged last September. The publicly traded subprime auto finance company ... [Read More]
Global Warranty customers receive free Sirius XM trial
Auto Remarketing Canada staff
Through a new exclusive partnership with SiriusXM, Canadian independent warranty program provider Global Warranty is providing its customers with a three-month SiriusXM All Access trial that is free with qualifying Global Warranty products. Those customers will receive the trial even ... [Read More]
TRADER aims to help dealers make data-driven marketing decisions
Auto Remarketing Canada staff
TRADER Corp. says it has released a digital marketing analytics tool that it says draws a direct and verifiable line between consumer activity on the autoTRADER.ca online marketplace, and eventual vehicle sales in Canadian automotive dealerships. Called Match, the online-to-offline ... [Read More]
10 assertions from TransUnion study on Canadian fintech borrowers
Auto Remarketing Canada Staff
Fintech isn’t limited just to Silicon Valley. TransUnion spotted fintech developments leaving impacts in the Oil Patch, MTA and Vancouver, too. A new study released this week by TransUnion explored the evolving trends around the fintech lender landscape in Canada, ... [Read More]
Awards highlight best-ever retained value industry average
Auto Remarketing Canada staff
The retained value for all vehicles in Canada measured for this year’s 13th annual Canadian Black Book Best Retained Value Awards show that 4-year-old vehicles (2016 model-year) held what Canadian Black Book describes as “an astounding” 57% of original MSRP, ... [Read More]
PayLink Direct’s service contract payment program now available in Canada
Auto Remarketing Canada Staff
PayLink Direct — a financial services company that specializes in providing interest-free payment plans for the purchase of service contracts for vehicles, RVs, homes, commercial trucks and other products — now is available in Canada. According to a news release, ... [Read More]
Used-vehicle prices high for market returnees
Sarah Rubenoff, Correspondent
Consumers drive the auto market. And the F&I office seals the deals. But if consumers can’t get the price they want, especially in the used market, there’s cause for concern. On the other hand, a race to the bottom — ... [Read More]
Online retailer Clutch launches in Toronto
Auto Remarketing Canada staff
Pre-owned vehicle online retailer Clutch has launched its service in the greater Toronto area. The company started operations in Halifax in 2017, describing itself as an alternative to buying a car from a traditional dealership or privately from an individual. ... [Read More]
Automakers get quick start to CPO in 2020
Joe Overby, Senior Editor
A few automakers have shared their January certified pre-owned sales results with Auto Remarketing Canada, and it appears they are off to a quick start. For example, Hyundai’s H-Promise certified pre-owned program had its best January ever, moving 852 units. That ... [Read More]
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