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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 joins SiriusXM Canada’s used vehicle program

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Auto Remarketing Canada Staff
It was announced this week that AutoCanada has joined a number of other Canadian dealer groups who have adopted SiriusXM Canada’s pre-owned vehicle program. Just last month, the growing OpenRoad dealer group also joined the satellite radio program for used ... [Read More]

Canadian Black Book enters lead-generation game

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Josh Hyatt, Staff Writer
Sixty to 70 percent. That’s the varying statistic of visitors on the Canadian Black Book website that say, during its evaluation process, they’re interested in purchasing a vehicle in the next month. That’s according to the Brad Rome, CBB’s president, ... [Read More]

Cassels Brock to dole out $45M in damages to GM class-action dealers

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Sarah Rubenoff, Auto Remarketing Canada Editor
A final ruling has been made in the class-action lawsuit filed against General Motors of Canada in regards to actions taken to close dealerships amid the economic downturn. With that, the claims against GMCL have been dismissed. That said, Justice Thomas ... [Read More]

June auction price trends defy seasonality

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Sarah Rubenoff, Auto Remarketing Canada Editor
Wholesale price movement this past month didn’t follow the expected seasonal trends in the lanes, instead spiking by almost 1 percent. The ADESA Canada Used Vehicle Price Index, powered by ALG, has been updated and shows the index rose after ... [Read More]

Dent Wizard launches Ding Shield Drive

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Auto Remarketing Canada Staff
Automotive reconditioning company Dent Wizard International has launched a service plan for dealerships that acts as a way for service departments to connect with customers. The company has taken Ding Shield — already sold in dealership F&I offices — and ... [Read More]

Canadian dealers navigate lucrative export market

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Josh Hyatt, Staff Writer
Canadian dealers, especially in some of the country’s largest markets, nowadays find themselves in an interesting situation. They can put in all the work associated with the retail sale of a vehicle in their inventory to someone in their market. ... [Read More]

June brings CPO gains for Canadian OEMs

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Sarah Rubenoff, Auto Remarketing Canada Editor
June was another strong month for Canadian certified pre-owned sales, with many automakers experiencing record CPO sales and impressive year-over-year gains. Volkswagen Canada experienced its best June on record for certified sales, with dealers delivering 1,587 CPO vehicles. This represents a ... [Read More]

Number of segments to see auction price drops by end of year

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Auto Remarketing Canada Staff
Though used prices were still on the way up in May as summer neared, according to RVI data, analysts are still predicting a slow downturn in auction prices — potentially causing some relief for dealers and buyers in the lanes ... [Read More]

Luxury-vehicle sales hit double-digit gains in Canada

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Auto Remarketing Canada Staff
Scotiabank released its Global Auto Report this week, highlighting a record sales month in Canada for the month of May. Carlos Gomes, the senior economist and auto industry specialist at Scotiabank, summarized May’s achievement. “Sales in Canada set a record ... [Read More]

Element to purchase GE Capital’s Fleet Ops in US

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Sarah Rubenoff, Auto Remarketing Canada Editor
Toronto-based Element Financial Corp. announced today that it is purchasing GE Capital’s remaining fleet operations in the U.S. and Mexico, and Australia and New Zealand — an all-cash deal worth $8.6 million in Canadian dollars. Element had previously acquired the ... [Read More]

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