The News Media of the Pre-Owned Industry

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

Details of partnership involving Inovatec and Inverite

partnership
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

bar-chart
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]

‘Cereal’ number: 2020 is target for CARFAX Canada move to former Kellogg’s factory

PressRelease_Kellogg
Auto Remarketing Canada
CARFAX Canada employees could be treated to a spoonful of new amenities next summer when the company moves its head office to 100 Kellogg Lane, a former cereal factory for Kellogg’s Canada. The facility, which CARFAX Canada called a landmark ... [Read More]

Porsche Center Richmond to embody ‘essence of Porsche brand’

Porsche
Auto Remarketing Canada staff
Christian Chia says the current time is an “exciting new era” for Porsche in British Columbia. Chia is chief executive officer of OpenRoad Auto Group, and he said in a news release that the news of OpenRoad and Dilawri Group ... [Read More]

Quebec, British Columbia & Alberta headline Scotiabank’s Q4 Provincial Economic Outlook

scotiabank from shutterstock
Auto Remarketing Canada Staff
After wrapping up the Thanksgiving holiday, Scotiabank Economics released its Q4 Provincial Economic Outlook this week. Along with sharing four overall trends and a deeper look at each of the 10 provinces, analysts arrived at the conclusion that Quebec will ... [Read More]

24-acre expansion for Copart’s Montreal location

Untitled
Auto Remarketing Canada staff
A 24-acre expansion to Copart’s Montreal site in Quebec will allow the location to grow its vehicle inventory and offer more choices to members, said Copart Canada managing director Steve Macaluso. “We are excited to grow our capacity in Canada ... [Read More]

Steady as she goes for Canadian used-vehicle prices

car-side-window
Auto Remarketing Canada Staff
The used-vehicle price trend for the Canadian market in September? They are maintaining their increased price levels set earlier in the year, according to the autoTRADER.ca Price Index. September showed a 10.6% year-over-year increase, but compared to August showed a 1.6% month-over-month increase. ... [Read More]

Power Spotlight: KBB Canada gives update after several months in new market

kbb
Sarah Rubenoff , Correspondent
Kelley Blue Book has been busy lately. There was its official launch in Canada in April, as well as the arrival of KBB’s MarketLens and Pricing Service Industry Solutions to the country in August, as well. As the company looks ... [Read More]

Power Spotlight: TRADER continues stream of TAdvantage upgrades, new integrations for Canadian dealers

Untitled
Sarah Rubenoff, Correspondent
In February, TRADER Corp. revealed a new dealership website platform it advertised being built “by Canadians, for Canadians,” as part of its vision to be responsive to feedback from customers across the country. At the time of launch, David McMinn, ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X