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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 Braving Sales Winter in First Quarter

man selling car in snow
Josh Hyatt, Staff Writer
AutoCanada recently reported strong results for the fourth quarter and full year of 2014 during its last quarterly conference call, outlining across-the-board improvements in profitability. What the group wanted to bring more attention to, however, is the sales strife it ... [Read More]

Used Supply, Gas Prices Playing Role in Residuals

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Auto Remarketing Canada Staff
As spring gets underway, used supply is expected to rise, pushing pre-owned prices down slightly over the course of this month and April. That’s according to the March-April Canada Industry Report from ALG Canada, which predicts used market supply to ... [Read More]

New GM Named at ADESA Ottawa

businessman going up stairs
Auto Remarketing Canada Staff
ADESA announced today that it has named a new general manager at ADESA Ottawa. Most recently serving as the auction’s assistant GM, Jason McClenahan now takes on the position of GM, where he will be responsible for the auction’s market ... [Read More]

Infiniti Canada Names Managing Director After Record Year

2013-infiniti-qx80
Auto Remarketing Canada Staff
Infiniti Canada has named a new managing director, effective April 1. Stephen Lester has been chosen for the role and will be reporting to Christian Meunier, president, Nissan Canada Inc. and Randy Parker, vice president, Infiniti Americas. Lester was most ... [Read More]

AutoCanada Sees Double-Digit Jump in Used Revenue

used cars lined up
Auto Remarketing Canada Staff
AutoCanada hosted its quarterly conference call on Friday, outlining its financial results for the fourth quarter and full year of 2014. The group saw some of its largest year-over-year increases in a couple of its used-vehicle sectors: used-vehicle sales and ... [Read More]

Black Book Buys Distributer Of Canadian Black Book Values

hand shaking 2
Auto Remarketing Canada Staff
It was announced this afternoon that Black Book has completed the purchase of William Ward Publishing — the exclusive distributor of Canadian Black Book vehicle values. CBB is utilized as a valuation guide by financial institutions and dealers across Canada. ... [Read More]

AutoCanada To Open New Kia Store in Winnipeg

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Auto Remarketing Canada Staff
Coming off a year during which growth and acquisitions were a top priority, AutoCanada is continuing to expand with the announcement it will build an open-point Kia dealership in Winnipeg, Manitoba. The dealer group announced this week it has signed ... [Read More]

AutoPlanet Purchases Performance Auto Group

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Auto Remarketing Canada Staff
We are still in the first quarter, but waves are already being made on the dealership acquisition front. It was recently announced that AutoPlanet Automotive Group has bought the largest automotive group in Niagara. Brampton-based AutoPlanet announced this month is ... [Read More]

Auction Prices Rise Across The Board In February

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Auto Remarketing Staff
Wholesale prices were on the way up in February, with analysts reporting price spikes across the board for all segments, even as the Canadian economy was feeling the impact of depreciation on the Canadian dollar. The Manheim Canada February used-vehicle ... [Read More]

OMVIC Charges Dealer For Curbsiding, Other Offences

car sale
Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council announced Wednesday that it has brought curbsiding charges against a Toronto-area group who was also allegedly selling vehicles without disclosing previous accident damage. The group – 2141212 Ontario Corporation, operating as Monterey Auto Repair ... [Read More]

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