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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

Early look at Canadian CPO sales

car sale
Joe Overby, Senior Editor
How are certified pre-owned sales faring in Canada this year? So far, so good, it seems. Below is a rundown of a few brands that have shared their latest CPO sales results. BMW Canada sold 1,674 pre-owned units in August, compared ... [Read More]

Serpa acquires Agincourt/401 Chrysler store

Acquisition
Auto Remarketing Canada Staff
The Serpa Automotive Group has acquired Toronto’s Agincourt/401 Kennedy Chrysler Dodge Jeep RAM. Since 2012, Serpa has operated Serpa BMW in Newmarket and from 1995 to 2015 owned Richmond Hill’s Avante Mazda. The new dealership will be known as Serpa ... [Read More]

Axis Auto Finance names CFO

new hire - leader
Auto Remarketing Canada Staff
Axis Auto Finance, a non-prime finance company servicing the Canadian used-vehicle market, announced Wednesday that Richard Lloyd has been appointed as the company’s chief financial officer. The company highlighted Lloyd’s appointment follows an extensive, months-long selection process with the assistance ... [Read More]

OMVIC’s latest effort to explain all-in price advertising

shutterstock_147963821
Auto Remarketing Canada Staff
Some consumers are being overcharged when they buy a vehicle, according to the Ontario Motor Vehicle Industry Council. “Since 2010, all-in price advertising has been the law in this province,” explained Terry O’Keefe, director of communications and education for OMVIC. ... [Read More]

F-150 continues to be most-appraised vehicle in Canada

trends
Auto Remarketing Canada Staff
According to the Dealertrack's monthly Tradetracker Used Vehicle Market Report, The Ford F-150 and the Toyota Corolla remained the top two most-appraised vehicles in Canada in August, as has been the case year-to-date. Rounding out the top five in August were ... [Read More]

Impact Auto Auctions website has updated look, new features

HOMEPAGE
Auto Remarketing Canada Staff
Impact Auto Auctions has launched a revamped website featuring a new interface, an advanced search function and a streamlined registration process as well as two tools that are designed to make the bidding process easier for customers seeking salvage vehicles. ... [Read More]

Dealership news roundup: REIT to buy Pfaff Audi property

news update 1
Auto Remarketing Staff
The  Automotive Properties Real Estate Investment Trust has agreed to a deal with a third-party vendor to buy the Pfaff Audi dealership property in Vaughan, Ontario. The purchase price of the property is $17.2 million, REIT said in a news ... [Read More]

Report shows acceleration in global vehicle sales

globe
Sara Schweiger, Staff Writer
Scotiabank’s recently released Global Auto Report paints a rosy picture — one that pleasantly surprised analysts with the Toronto-based bank. “We came into the year expecting global purchases to advance by about 3 percent,” Carlos Gomes, senior economist and auto ... [Read More]

Kijiji Canada appoints head of sales, autos

YoureHired
Auto Remarketing Canada Staff
Kijiji Canada, part of the eBay Classifieds Group, has hired Leanne Kripp to be head of sales, autos. In her new role, Kripp will help to identify business opportunities and partnerships that will support continued growth. Kripp joins Kijiji’s Toronto office ... [Read More]

TRADER Corp. partnership creates ‘Coherent Path’ to buying decisions

Data
Auto Remarketing Canada Staff
TRADER Corp. has announced an exclusive partnership with Toronto-based Coherent Path that is bringing “big data” to the Canadian auto industry. Years of data on autoTRADER.ca indicates that consumers don’t tend to begin their journey with a clear path to ... [Read More]

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