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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

Ford of Canada reveals 2015 Auction Quality Award winners

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Auto Remarketing Canada Staff
Ford Motor Co. of Canada is taking the time to honor its top-performing auction partners. The automaker recently announced the recipients of the 2015 Auction Quality Award and the 2015 Reconditioning Excellence Award. The Auction Quality program is designed to ... [Read More]

670 dealers pledge support to help end distracted driving

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Auto Remarketing Canada Staff
March 1 marked the official start of the 2016 Auto Dealers Against Distracted Driving Campaign across Canada, and 670 dealerships have currently registered nation-wide to participate. Customers walking through the doors of any of these dealerships over the next month ... [Read More]

B.C. releases amendment proposal to Motor Dealer Act

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Auto Remarketing Canada Staff
The provincial government has announced proposed amendments to the Motor Dealer Act of British Columbia. In an effort to strengthen its consumer legislation to increase protections for motor vehicles buyers, Minister of Public Safety and Solicitor General Minister Mike Morris ... [Read More]

AutoCanada sells Newmarket Infiniti Nissan

PEN TO PAPER
Auto Remarketing Canada Staff
AutoCanada announced this week its plans to sell the operating assets of its Newmarket Infiniti Nissan store in Newmarket, Ontario – a deal which is expected to close this week. The proceeds of the sale are expected to reduce the ... [Read More]

Class action launched against auto lender for data breach

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Sarah Rubenoff, Auto Remarketing Canada Editor
Quebec law firm Lex Group Inc. announced Monday it has gained authorization to move forward with a data breach class action dealing with the loss of personal information of customers who in March 2008 leased a Chrysler, Dodge or Jeep ... [Read More]

Texting your customers is no longer optional

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Cody Green , Canada Drives
The gap between a mediocre sales person and greatness lies with one’s capability in maintaining contact with prospective buyers.  Extending communication and building relationships with these individuals after they walk off the lot are significant determinants in closing a sale. ... [Read More]

Estimated 2.7M RAV4s to be recalled for seatbelt issue

2012 RAV4
Auto Remarketing Staff
Transport Canada announced Thursday it has uncovered a potential dangerous defect in some Toyota RAV4 vehicles — a recall that is estimated to affect over 2.7 million RAV4s globally. Transport Canada and Toyota Canada reported in a severe frontal crash, ... [Read More]

Dropping loonie pushing used-vehicle exports to US

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Sarah Rubenoff, Auto Remarketing Canada Editor
A lower Canadian dollar has been bad for some industries, and boosted others. One division of the Canadian automotive industry that has grown substantially over the past year is used-vehicle exports to the U.S. In fact, according to DesRosiers Automotive ... [Read More]

Transport Canada orders Nissan to inform owners of defect

legislation and regulation
Auto Remarketing Canada Staff
Transport Canada’s Minister of Transport, Marc Garneau, has recently ordered Nissan Canada to immediately inform its vehicle owners of a previously recalled safety issue, marking the first time the ministerial power known as a Subsequent Notice Order has ever been ... [Read More]

Canadian auto-loan delinquencies rising at ‘alarming’ rate

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Sarah Rubenoff, Auto Remarketing Canada Editor
Rapidly falling oil prices — and the consequent weakening of the Canadian dollar — contributed to a near 10-percent increase in auto loan delinquencies over the course of 2015. That’s according to TransUnion’s latest MarketTrends report, which showed auto-loan delinquencies ... [Read More]

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