Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
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
Dealers can’t add fees to advertised price; campaign seeks to raise awareness
Auto Remarketing Canada Staff
“Why not take a picture of the dealer’s advertisement the next time you’re shopping for a car and take it with you to your dealer? Because the dealer should not charge more than that advertised price.” That statement is part ... [Read More]
PODCAST: Improving the trade-in process
Auto Remarketing Staff
At last month's Auto Remarketing Canada Conference in Toronto, Drew Harden of CARFAX Canada talks about the pain points dealers have in the vehicle trade-in process and how to address those challenges. The conversation touches on a more collaborative trade-in ... [Read More]
Kelley Blue Book launches in Canada; Dealer.com partners with CarGurus
Auto Remarketing Canada Staff
The Kelley Blue Book brand is now in Canada. Cox Automotive Canada made the announcement on Tuesday, the first of two major moves from the company this week. “Kelley Blue Book is the leading provider of vehicle valuations in North ... [Read More]
CBB consumer survey: Ride-sharing and online-buying options gain traction
Auto Remarketing Canada Staff
Canadian Black Book said it uncovered more “very telling statistics” as part of its annual vehicle-buying study conducted by Ipsos. The latest endeavor breaks down the differences between various Canadian demographics in how they shop, what they expect and overall ... [Read More]
First-quarter CPO car sales in Canada
Joe Overby, Senior Editor
Certified pre-owned car sales results in Canada are coming in, and several are reporting records. Nissan and Infiniti, for example, both reported their best-ever months for certified pre-owned sales. The Nissan brand increased its CPO sales from 687 in March ... [Read More]
GoToLoans unveils app to fund vehicle repairs
Auto Remarketing Staff
Say your customer’s vehicle needs a significant repair like a new air conditioning compressor or timing belt replacement, but the client doesn’t immediately have the funds available to pay. A new Canadian fintech startup is deploying a solution to help ... [Read More]
Axis Auto Finance more than doubles credit facility
Auto Remarketing Canada Staff
Axis Auto Finance now has more funding horsepower to help dealerships retail vehicles. According to a news release distributed this week, the publicly traded alternative auto finance company announced the closing of its new $100 million senior secured revolving debt ... [Read More]
CARFAX Canada provides trade-in values for service lane coupon program
Auto Remarketing Staff
Using the Vin-UP hardware/software program, auto dealerships offer their service customers an “Instant Vehicle Valuation Coupon.” The coupon indicates that the store wants to purchase the vehicle and provides a cash price. VIP says its program helps auto dealers generate ... [Read More]
Latest ADESA Canada index reflects anticipation of spring
Auto Remarketing Canada Staff
Perhaps like many dealers and consumers, the analysts who compiled the latest ADESA Canada Used Vehicle Price Index — powered by ALG — appear eager for spring to arrive, especially with the volume of new-vehicle sales in February. The February ... [Read More]
Canadian exec returns to lead Mazda Canada
Auto Remarketing Canada Staff
When April 1 arrives in a little more than a week, Mazda Canada (MCI) will have a new president and chief executive officer in place. It’s a move that marks the first Canadian to be appointed president of Mazda Canada ... [Read More]
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