Perhaps finance providers that do not have as much margin for risk as other market players see businesses as a safer bet than consumers in the auto-finance space. New analysis from White Clarke Group that looks ahead to what might happen in 2018 showed that the re-emergence of small and regional banks looking to expand […] [Read More]

This week, our episode is a chat from earlier this fall with George Chamoun, the chief executive officer of ACV Auctions. An entrepreneur, Chamoun launched technology and services company Synacor with his college roommate in 1998, shortly after graduating college. Check out the conversation below. Download and subscribe to the Auto Remarketing Podcast on iTunes or on Google Play.  You can […] [Read More]

Porsche Cars Canada recently announced Marc Ouayoun will take over as president and chief executive officer, effective Jan.1. Ouayoun succeeds Alexander Pollich who will assume his new role as Porsche Cars Great Britain managing director next year, according to Porsche Cars Canada. “Ouayoun brings extensive automotive business management experience to lead Porsche’s continued growth in Canada,” the […] [Read More]

Element Fleet Management said Wednesday it has been chosen to provide maintenance and accident services for General Motors’ Maven personal mobility program. When a vehicle within the Maven car-sharing fleet needs repairs or maintenance, a Maven employee or the driver of the vehicle can take it to one of the more than 37,000 maintenance services […] [Read More]

Donlen recently announced that it has brought aboard Bob Barna to serve as vice president of strategic sales and Ian Crapper as managing director of global business. “As Donlen advances our offerings for large, global fleets, we are committed to investing in and retaining successful, results-oriented fleet professionals,” Donlen president Tom Callahan said in a […] [Read More]

Jumpstart Automotive Media’s latest path to purchase report released Tuesday shows that last month, month-over-month shopper interest was up 14 percent for full-size pickups and 11 percent for three-quarter-ton and 1-ton pickup trucks. In addition to advertising that typically spotlights trucks during sporting events such as football games and the World Series, Jumpstart suggests that […] [Read More]

Auto Remarketing Canada is excited to one again feature the Women & Automotive: Profiles in Leadership in conjunction with the Women & Automotive: Canadian Leadership Forum.   In the January/February issue of the magazine, we will be compiling Q&A/profile stories about women in the Canadian auto industry who exemplify the best in leadership. We would appreciate any suggestions […] [Read More]

If publicly traded dealer groups wanted to buy another rooftop, they had to open their checkbooks or dig deeper into their credit availability based on the figures shared in the Q3 2017 edition of the Haig Report released on Wednesday by Haig Partners. For the year-to-date numbers ending Sept. 30, Haig Partners calculated publicly traded […] [Read More]

Be it a car or truck, Black Book saw both general vehicle segments depreciating at almost the same rate as auctions and dealers celebrated Thanksgiving. According to this week’s Black Book Market Insights report, editors determined sporty cars and compact vans saw the most depreciation out of both segments, dropping by 0.82 percent and 1.31 […] [Read More]

A pair of users who have deployed Recovery Connect, MBSi’s next generation recovery assignment management platform, described the successes each one has enjoyed with the solution. To recap, the Recovery Connect mobile app can connect finance companies with recovery agents in real-time allowing both to make decisions related to asset recovery, transport and remarketing, regardless […] [Read More]