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
Gone in 60 seconds: eBlock hosts first online auction
Josh Hyatt, Staff Writer
All of the fast-paced, real-time, instant gratification of buying a car at auction – with none of the expense of transporting yourself or your vehicles to auction – all crammed into your desktop or mobile device’s screen. And no listing ... [Read More]
OMVIC deals longest incarceration sentence for illegal sales
Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council announced Friday that it has issued a 450-day incarceration sentence to a dealer for two counts of curbsiding. According to OMVIC, the dealer, Mehran Amini, was acting as a dealer without registration, contrary to ... [Read More]
Pfaff appoints brothers to take McLaren into Montreal
Auto Remarketing Staff
Canadian importer for McLaren automobiles Pfaff Automotive Partners announced today it is bringing the luxury brand to the Quebec market. Pfaff is extending the McLaren dealer network with the appointment of Nino and Renato De Cubellis, who will open McLaren ... [Read More]
Industry interest growing for 2016 AR Canada Conference
Auto Remarketing Canada Staff
Preparation for the 2016 Auto Remarketing Canada Conference is well under way, and industry interest is gaining steam, as well. This year’s event is scheduled for April 4-5 at the Westin Harbour Castle in Toronto. The 2015 conference saw record-breaking ... [Read More]
New Audi Canada used manager aims to ‘support dealers’
Sarah Rubenoff, Auto Remarketing Canada Editor
Audi Canada has a new manager for its used-car operations. Taking on the role of manager, used cars for the automaker is Mike Brennan. This move comes as Elankum Vairavanathan, manager of incentives planning and CPO sales at Audi Canada, ... [Read More]
4 added to Kijiji team
Auto Remarketing Canada Staff
Kijiji Autos recently announced the addition of four new hires to its team, citing its continuous efforts to build and strengthen the company’s core capabilities. The company has created a new position, inside sales manager, a role which will be ... [Read More]
IHS talks future plans for CarProof
Sarah Rubenoff, Auto Remarketing Canada Editor
IHS reported its fourth quarter and full-year 2015 financial results on Tuesday, highlighting revenue of $589 million for Q4, as well as giving more information on its recent purchase of Canada’s CarProof. IHS, the parent company of Carfax, announced right ... [Read More]
Canadian used-vehicle prices to soften over next 5 years
Auto Remarketing Canada Staff
Looking at the most recent data available, 2015 was a strong year for residuals in Canada. According to the RVI Group’s RVI Risk Outlook for December, the strong U.S. dollar helped maintain those high residual values in Canada through the ... [Read More]
Carfinco joins RouteOne Canada auto finance portal
Auto Remarketing Staff
RouteOne Canada added another a company to its auto financing portal today, after announcing last month that Rifco National Auto Group and Desjardins Group had come on board, as well. Carfinco Inc. now joins the growing list of companies to partner ... [Read More]
Cox Auto Canada acquires Manheim Source Edmonton
Auto Remarketing Canada Staff
It was announced this morning that after a successful three-year partnership, Cox Auto Canada — through its Manheim Canada business — has acquired 100 percent ownership of the Manheim Source Edmonton auction. The move serves to extend Cox Auto Canada’s ... [Read More]
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