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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

Axis to acquire Trend Financial

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Auto Remarketing Canada Staff
Axis Auto Finance has signed a share purchase agreement to buy subprime finance company Trend Financial, the company announced late Tuesday afternoon. It’s a move that doubles the Axis portfolio — putting its net finance assets to roughly $110 million ... [Read More]

Audi, Subaru dominate ALG’s Canadian Residual Value Awards

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Auto Remarketing Canada Staff
Among 2018 model-year vehicles that have shown strong value in 26 segments, ALG recognized Audi and Subaru as top premium and mainstream brands, respectively, in its 10th annual Canadian Residual Value Awards (RVA). ALG presented winning automakers with their awards ... [Read More]

TransUnion Canada sees credit market functioning ‘correctly’

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Nick Zulovich, Staff Writer
TransUnion Canada director of research and industry analysis Matt Fabian used the words credit, consumer and correctly within the same thought to describe the overall picture painted by TransUnion’s latest Canada Industry Insights Report Fueled by younger Canadians and overall ... [Read More]

PODCAST: Jeremy Belanger of SAL Group

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Auto Remarketing Canada Staff
In this episode, Joe previews the Auto Remarketing Canada Conference with Cherokee Media Group president Bill Zadeits. Plus, AR Canada correspondent Sarah Rubenoff chats with Jeremy Belanger of SAL Group, who will be among the speakers at the March 27-28 event in ... [Read More]

Manheim Moncton launches with Cox Automotive Canada-TGNA partnership

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Auto Remarketing Staff
Cox Automotive Canada said Wednesday it has partnered with The Great Northern Auction and is launching Manheim Moncton to provide more remarketing service to the Atlantic Canada region. The weekly Manheim Moncton sales begin March 21 and will be facilitated ... [Read More]

Axis Auto Finance sets new revenue record

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Auto Remarketing Canada Staff
On Wednesday, publicly-traded subprime automotive finance company Axis Auto Finance shared results from the second quarter of its 2018 fiscal year; a span that ended on Dec. 31 and included a new record. The company highlighted its Q2 revenue shot ... [Read More]

Copart Canada opens new Calgary location

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Auto Remarketing Canada Staff
Copart announced Monday the opening of a new Copart Canada facility in Calgary. In December, Copart Canada held a grand opening ribbon cutting ceremony for its new Calgary location in conjunction with its first client advisory board meeting with insurance partners.  ... [Read More]

Kijiji Canada names new national head of auto sales

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Auto Remarketing Canada Staff
Kijiji Canada recently announced that it has appointed Darryl Hilton to serve as the national head of automotive sales. Hilton brings 20 years of experience from both the supplier and retail sides of the automotive industry, and he has also specialized ... [Read More]

Canadian car market may have CPO momentum in store

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Joe Overby, Senior Editor
If certified pre-owned vehicle sales in Canada appear strong, that may only be the tip of the iceberg. That is, if it follows the pattern of the CPO market in the U.S., which took some time to develop but certainly ... [Read More]

Used-car retention values reach all-time high

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Joe Overby, Senior Editor
The retention value of 4-year-old vehicles has reached an all-time high for the second year in a row, according to the 2018 edition of the Canadian Black Book Retained Value Awards released this week. Four-year-old vehicles are retaining 53 percent ... [Read More]

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