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
Next generation of automotive leaders: Dealers talk recruiting, retaining & changing perspectives
Sarah Rubenoff, Correspondent
[EDITOR'S NOTE: This story appears in Auto Remarketing Canada's Women & Automotive Profiles in Leadership issue. Reporting for and writing of this story was conducted prior to the COVID-19 pandemic's most severe impact on the auto market] According to McKinsey ... [Read More]
Eco-minded ridesharing platform expands to Ottawa
Auto Remarketing Canada staff
Pushed in part by the coronavirus crisis, Facedrive, a Canadian ridesharing platform that allows passengers to request rides in electric, hybrid or gas-powered vehicles, has expanded to Ottawa. The company says it is a peer-to-peer, eco-friendly and socially responsible ridesharing ... [Read More]
CARFAX Canada provides COVID-19 update
Auto Remarketing Canada staff
CARFAX Canada knows that the COVID-19 crisis is having a profound effect on its customers and employees. The company said it is committed to supporting its partners and listed several steps it is taking in that area. First, the company ... [Read More]
Canadian dealer groups respond to COVID-19 pandemic
Joe Overby, Senior Editor
UPDATED: Story has been updated to reflect OpenRoad's new strategy. In light of the COVID-19 pandemic, here is a roundup of how some dealer groups in Canada are responding, AutoCanada, a dealership group with locations in eight Canadian provinces and ... [Read More]
TRADER Corp. lowers prices to help dealers through crisis
Auto Remarketing Canada staff
Working to support auto dealers that are “seeking financial flexibility while navigating the economic impact” of COVID-19, TRADER Corp. is offering Canadian dealer partners a 50% price reduction on all autoTRADER.ca marketplace products. The nationwide marketplace price reduction plan is ... [Read More]
Canadian Black Book’s opening wholesale and retail forecast amid COVID-19
Auto Remarketing Canada Staff
The Canadian Black Book analyst team released a comprehensive look at the country’s automotive wholesale and retail landscapes as auctions, dealers and finance companies all navigate the business challenges brought on by COVID-19. Analysts began their report by recapping last ... [Read More]
Company offers free sanitizer product to its dealer partners
Auto Remarketing staff
After its recent acquisition of Diamond Kote and its chemical manufacturing operation, WGI Manufacturing, iA Dealer Services has retooled its chemical production capabilities and worked with its chemist to produce what it says is a high-quality hand sanitizer. The company ... [Read More]
Auto industry mentorship in 2020: Alternative methods, business connections & the manager’s role
Sarah Rubenoff, Correspondent
The times may have changed, yes. Yesterday’s business lunch is today’s LinkedIn connection. But the foundation of a quality mentor/mentee relationship remains much the same. “One of the foundations of mentorship is really understanding what your goal is in looking ... [Read More]
OpenRoad implements 10 virus safety measures
Auto Remarketing staff
Additional hand sanitizer dispensers and locations in all dealerships for guests and staff associates is one of 10 measures OpenRoad Auto Group is implementing immediately as part of its COVID-19 health and safety action plan. OpenRoad, which says it is ... [Read More]
Canada’s 6 biggest banks offering payment relief
Auto Remarketing Canada Staff
Canadian consumers who might be struggling to maintain their vehicle payments stemming from the consequences of COVID-19 could be receiving a lifeline. According to a news release, Canada’s six largest banks on Tuesday announced plans to provide financial relief to ... [Read More]
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