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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

AutoCanada looks westward for expansion

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Josh Hyatt, Staff Writer
Vehicle sales may have been waning in recent months in Alberta, due in part to the steep drop in the oil prices that fuel the region, but that’s not stopping AutoCanada from looking at expansion opportunities in the region. Canada’s ... [Read More]

Auction prices rise more than expected in July

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Auto Remarketing Canada Staff
Prices at auction were on the way up in July — more so than expected on a seasonal basis. That’s according to the ADESA Canada Used Vehicle Price Index, powered by ALG, which after being updated for July showed an ... [Read More]

CarProof offering free VHRs due to open recall rate in Manitoba

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Auto Remarketing Canada Staff
The industry has seen more recalls in the past two years than ever before, leaving open recalls and consumer safety a major issue. Since early 2014, more than 10 million Canadian vehicles have been affected by manufacturer recalls. Cars are ... [Read More]

AutoCanada sees over 75% increase in Q2 revenue

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Sarah Rubenoff, Auto Remarketing Canada Editor
AutoCanada held its second-quarter conference call on Friday, highlighting an impressive boost in revenue and gross profit — perhaps a direct result of the company’s aggressive acquisition strategy over the past year and into 2015. Revenue from existing and new ... [Read More]

Potential credit crisis coming for Canada’s oil regions

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Sarah Rubenoff, Auto Remarketing Canada Editor
As the prices for oil continue to drop dramatically, this larger economic trend may begin to affect lenders in the auto space and beyond. A recent study from TransUnion asserted consumers and lenders should expect “sharp increases” in credit and ... [Read More]

OMVIC investigation results in curbsiding conviction

gavel and documents
Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council reported recently it has caught another curbsider, or business acting as a motor vehicle dealer without registration. This is a violation of the Motor Vehicle Dealers Act, and Zhijun Wang of Toronto was recently ... [Read More]

July marks strong month for luxury CPO sales

2014 Porsche 911
Sarah Rubenoff, Auto Remarketing Canada Editor
July was a solid month for certified pre-owned sales, with one luxury automaker notching its best month ever, and multiple OEMs breaking July records, as well. First up, Porsche Approved CPO sales reached an all-time monthly record in July, with 154 ... [Read More]

Canada aligns vehicle emissions standards with US

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Auto Remarketing Canada Staff
The Harper Government announced a plan to align the country’s emission regulations with the U.S. in an effort to cut down on air pollution from vehicles and gasoline. Environment Minister Leona Aglukkaq made the announcement last week, noting the new ... [Read More]

TRADER, CBB end vehicle listing business relationship

evaluating car with cell phone
Sarah Rubenoff, Auto Remarketing Canada Editor
Two high-powered industry names — TRADER and Canadian Black Book — have decided to part ways in light of a failure to agree on contract renewal details related to online vehicles listings. When the time came to negotiate a new ... [Read More]

NHTSA consent order unlikely to affect FCA’s Canadian residuals

toronto cars
Josh Hyatt, Staff Writer
Fortunately for Canadian dealers, the recent agreement between Fiat Chrysler Automobiles and the National Highway Traffic Safety Administration in the United States is not expected to have any sort of negative market impacts for the brand in Canada. That’s according ... [Read More]

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