SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
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
Clutch opens customer hub in Halifax, it’s third launch of year
Auto Remarketing Canada Staff
Online used-car retailer Clutch has launched a new customer hub in Halifax, Nova Scotia, the third physical location that the company has opened this year. The Halifax Customer Hub, which joins locations in British Columbia and Ottawa, offers a pickup ... [Read More]
Overall wholesale vehicle price depreciation slows in Canada, but climbs for car segments
Auto Remarketing Canada Staff
The decline in wholesale vehicle prices in Canada moderated last week, though it remains steeper than pre-COVID levels for the same period, according to the latest Market Insights report from Canadian Black Book. Overall wholesale prices fell 0.32% for the ... [Read More]
UVeye sets up shop in Canada
Auto Remarketing Canada Staff
UVeye has expanded its footprint to Canada. The vehicle data intelligence company said Thursday that its advanced computer vision inspection systems have launched at dealerships in British Columbia and Ontario. This launch kicks off a planned rollout throughout Canada. UVeye ... [Read More]
After US debut, CarGurus brings conversational AI assistant Guru to Canada
Auto Remarketing Canada Staff
Dealers and car shoppers have a new assistant in Canada. CarGurus announced Monday — its 10th anniversary in the country — that it has launched Guru, an artificial intelligence car-shopping assistant designed to help consumers find the best deals while ... [Read More]
Used-car sales & pricing behaviors at year’s midpoint, what to expect in second half
Joe Overby, Senior Editor
Used-car retail sales in Canada have been “more resilient than expected” this year, with the softness largely attributable to lack of affordability, not weak demand. That’s according to the latest AutoTrader Price Index report, which said used-car sales are down ... [Read More]
AutoCanada sells 3 BC stores as part of ‘disciplined approach to capital allocation’
Auto Remarketing Canada Staff
AutoCanada has sold three British Columbia dealerships for approximately $32.2 million in gross proceeds, a move the retailer’s CEO says, “reflects our disciplined approach to capital allocation.” The group announced last week that it completed the sale of Island Chevrolet ... [Read More]
EVSearch launches Chinese EV Discovery Centre
Auto Remarketing Canada Staff
Following relaxed trade laws and a beta launch that underscored significant consumer interest in the segment, EVSearch has debuted its Chinese EV Discovery Centre. This new hub offers vehicle specifications, estimated pricing for Canada, expert reviews and model comparisons, and ... [Read More]
AutoCanada acquires Stratford collision business, expanding network in Onataro
Auto Remarketing Editor Joe Overby
AutoCanada has expanded its Ontario collision repair business through an acquisition of a Stratford business formerly operating as Fix Auto Stratford. ACX Stratford, as the facility is now known, is roughly 20,000 square feet and maintains direct repair program relationships ... [Read More]
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