Toyota continued its domination of Canadian Black Book’s Best Residual Value Awards, remaining the only automaker to claim the Overall Brand Award for cars in the program’s four-year history. Toyota also won the brand award in the SUV/truck category for the third consecutive year, and led all brands with five wins among the 16 model-level […] [Read More]

Next up on our series of Auto Remarketing Podcast episodes from Used Car Week in Scottsdale, Ariz. is a conversation about “Navigating the Future: Managing Risks in the Era of Connected Cars.” Led by moderator Courtney Dusseau, the auto and captive finance leader at EY, the panel includes: Dean Phillips, managing director advanced manufacturing & […] [Read More]

BlytzPay, a collections management platform that speeds up payments and boosts customer engagement for buy-here, pay-here dealers and finance companies, announced a new patent approval for its solution, saying this week it marks a significant milestone for the company The approved patent, titled Digital Engagement Platform for Payment Solutions with Cash-Enabled Multipay and Promise-to-Pay, builds […] [Read More]

A Go Auto dealership has been selected for one of Ford’s highest awards. Team Ford in Edmonton, one of more than 60 dealerships operated by Go Auto, has been named a recipient of the automaker’s Edsel B. Ford II Salute to Dealer Award, recognizing significant contributions to the community. Go Auto said Team Ford is […] [Read More]

After half a year of slowly creeping upward, the Canadian wholesale used-car market took a significant leap in January. Canadian Black Book’s Used Vehicle Retention Index was up 2.3 points for the month, rising to 138.0 from December’s 135.7. That’s the biggest jump in the index since it rose 3.6 points, from 158.5 to 162.1, […] [Read More]

The latest filing information from the IRS database contains less than a week’s worth of activity so far this tax season, as the federal agency began to accept returns on Jan. 27. But the year-over-year comparisons show upward movement for the total number of refunds and the average amount the filer received. According to the […] [Read More]

President Trump sent more than 60 nominations to the U.S. Senate on Wednesday for confirmation to lead regulatory agencies, serve as foreign ambassadors and more. One nomination was Jonathan McKernan to be director of the Consumer Financial Protection Bureau for a term of five years. Upon confirmation, McKernan will be the fourth CFPB director since […] [Read More]

The National Auto Auction Association’s Cybersecurity Task Force says auctions need to beware of cockroaches. But not the insect kind. The task force’s latest educational resource provides examples of real-life incidents to spread awareness of cybercrime and fraud, while also showing NAAA members how to protect their businesses from persistent criminals. “There are many bad […] [Read More]

Black Book reported wholesale values softened by 0.36% last week, a reading consistent with the previous week and the average spotted during the same week before the pandemic. However, analysts are bracing for impact of the much-ballyhooed tariffs orchestrated by President Trump. “Despite the uncertainty introduced into the market last week due to the president’s […] [Read More]

A new partnership aims to make it easier for private parties to sell their electric vehicles. PrivateAuto has partnered with EV analytics provider Recurrent to enable Recurrent’s community of 30,000 EV owners to list their vehicles for private sale on PrivateAuto’s end-to-end transactional marketplace for private-party vehicles. PrivateAuto’s platform is designed to eliminate common challenges […] [Read More]