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
OpenRoad launches Western Canada’s 1st Karma dealership
Auto Remarketing Canada Staff
OpenRoad Auto Group recently announced that it has opened Western Canada’s first Karma Automotive dealership – its new KARMA VANCOUVER location. The Karma Automotive dealership is one of only three in the country. The store is also where the 2018 Karma ... [Read More]
Poll: More than quarter of Canadian auto consumers likely to buy car online
Auto Remarketing Canada Staff
Canadian auto sales have enjoyed record sales the past few years — but it looks like those numbers may have topped out in 2017. That’s according to recent Canadian Black Book poll research that shows 51 percent of Canadian automotive ... [Read More]
Canadian certified car sales through 2 months of year
Joe Overby, Senior Editor
Automakers shared their certified pre-owned sales results with Auto Remarketing Canada for February, and below is a rundown of how auto brands are faring through two months of the year. Starting with Audi, the automaker increased CPO sales by 29.4 percent ... [Read More]
Even amid loosening supply, prices remain high for used vehicles
Auto Remarketing Canada Staff
Off-lease used-vehicle supply continues to ramp up — both in Canada and the U.S. — but this increase isn’t being illustrated in any softening of used-vehicle price movement yet, at least not up North. According to Canadian Black Book’s Used ... [Read More]
CARPROOF to rebrand as Carfax Canada
Auto Remarketing Canada Staff
CARPROOF Corp. said Monday it will rebrand as Carfax Canada in October. Both CARPROOF and Carfax are owned by IHS Markit, and this move “further aligns” the two brands “to better serve its consumer and dealer customers by leveraging the ... [Read More]
NEW ROADS: Maven makes Toronto its 1st international launch
Joe Overby, Senior Editor
A densely populated area. Traffic congestion. A tech boom in the area. One of the largest cities in North America. Factors like these made Toronto the ideal choice for Maven’s first market outside the U.S., says Mark Latchford, who is the ... [Read More]
CARPROOF data-driven appraisal tool aims to consider ‘unique’ vehicle history
Chris Hart-Williams, Staff Writer
CARPROOF’s newly released data-driven appraisal tool — CARPROOF True Value — can provide more accurate values of used vehicles because it looks at vehicles' unique history, rather than just what it’s being listed for within a particular geographic area, according to company ... [Read More]
Remarketing’s Under 40 honorees for 2018
Auto Remarketing Canada Staff
From dealers to auction executives, from leading professionals at third-party providers and auto finance companies — and everywhere in between — the Canadian auto industry is full of young men and women who have achieved massive success at an early ... [Read More]
Sym-Tech announces partnership to deliver Audi, Volkswagen branded F&I services
Auto Remarketing Canada Staff
Sym-Tech Dealer Services announced Tuesday a nationwide partnership with Audi Finance and Volkswagen Finance to deliver both the Audi After Care and Volkswagen Protection Plus branded suite of F&I products and services. The deal will be effective Nov. 1. Sym-Tech ... [Read More]
LGM Financial, Carfinco partner to provide dealers non-prime lending solution
Auto Remarketing Canada Staff
LGM Financial Services has partnered with Carfinco Financial Group to step into the non-prime financing market, the companies announced Monday. LGM will expand the F&I services its offers auto dealers by supporting a non-prime lending solution through Carfinco. Carfinco specializes in non-prime financing and ... [Read More]
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