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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

New leader for Mercedes-Benz Financial Services Canada

James Ryan
Auto Remarketing Canada staff
The new president and chief executive officer for Mercedes-Benz Financial Services Canada Corp., James Ryan, will head up the Canadian divisions of Mercedes-Benz Financial Services and Daimler Truck Financial. He will lead a team of 165 employees.. Ryan succeeds Stefan ... [Read More]

MUVIT: Helping connect buyers, sellers from anywhere, anytime

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Auto Remarketing Canada staff
As digital wholesale platforms continue growing in Canada, Cox Automotive Canada has launched a new Canadian dealer-to-dealer digital auction platform that it says can use Manheim’s brand and physical auction services to deliver a competitive advantage to all dealers and ... [Read More]

Million-dollar sales record for Axis Auto Finance

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Auto Remarketing Canada staff
Axis Auto Finance originated $1 million in new loans in a single day. The milestone, which took place at the end of September, was a single-day originations record for the company. The record highlights the culmination of 12 months of ... [Read More]

Canadians say they drive safely; actions state otherwise

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Auto Remarketing Canada staff
Eighty-eight percent of drivers according to a recent survey would give themselves a grade of A or A+ for their driving skills. But 80% admit to speeding because of an “inadvertent lead foot.” The study is from Onlia, which offers ... [Read More]

New communications leader for Cox Automotive Canada

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Auto Remarketing Canada staff
In his new position as senior manager, corporate communications and public relations for Cox Automotive Canada, Mark James will lead all communications for the company and its brands across the country. James, who most recently served as manager of corporate communications ... [Read More]

Rapid, moderate, or slow? Report examines EV adoption scenarios

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Auto Remarketing Canada Staff
Rapid adoption of electric vehicles — a scenario in which EVs represent 30% of Canada’s vehicle stock, compared to less than 3% today — would reduce domestic oil consumption by about 252,000 barrels per day, according to Ernst and Young, ... [Read More]

Another all-time high for CBB Used Vehicle Value Index

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Auto Remarketing Canada Staff
The compact car, compact crossover and mid-size car segments were at new all-time highs for retained value in September 2019, as the Canadian Black Book Used Vehicle Retention Index has again hit a new all-time record high in the month of ... [Read More]

Details of partnership involving Inovatec and Inverite

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Auto Remarketing Canada Staff
Inovatec Systems Corp., and Inverite Verification announced a strategic partnership this week. The provider of cloud-based software solutions for all financial institutions and the open-banking provider with coverage for more than 275 Canadian financial institutions said their relationship is meant ... [Read More]

Wholesale volumes up, but retention remains strong for pre-owned

cars in showroom
Sarah Rubenoff, Correspondent
As expected, wholesale volume has increased from 2018 to 2019 in Canada, due in part to growth in lease returns.  But interestingly, the increase isn’t yet putting downward pressure on used prices. According to RVI, the expectation coming into this ... [Read More]

5 highlights from Axis Auto Finance 2019 fiscal year report

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Auto Remarketing Canada Staff
This past Friday, Axis Auto Finance reported financial results for its 2019 fiscal year that ended June 30 and included the full 12 months of operations the acquired entities of Cars on Credit Financial (COCF) and Trend Financial Corp. As ... [Read More]

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