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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

Banco Santander to Buy Carfinco For Almost $300M

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Auto Remarketing Canada Staff
After its chairman passed away unexpectedly last week, Banco Santander announced this morning it has entered into an agreement to acquire Carfinco Financial Group Inc. for $298 million (CDN) in cash in a deal expected to close in the fourth quarter ... [Read More]

Used Prices Continue Monthly Declines Nearing 1%

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Auto Remarketing Canada Staff
After falling close to 1 percent in July, the ADESA Canada Used Vehicle Price Index was on the way down once again last month. After being adjusted for seasonality, the index fell by 0.7 percent from July rates. The index, ... [Read More]

Quebec Subaru Dealers Support Special Olympics

Montreal Quebec Skyline
Auto Remarketing Canada Staff
Subaru Canada Inc. and the Quebec Subaru Dealers Association announced late last week they had collectively raised $50,000 for Special Olympics Quebec. In association with the Rinaldi Agency, the event, with “a gesture that makes a difference” theme, was hosted ... [Read More]

From the Editor: Power List Shows Growth in 2nd Year

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Sarah Rubenoff, Auto Remarketing Canada Editor
When Auto Remarketing Canada launched its inaugural Power 120 issue last fall, we had no doubt the Power list would grow, just as the number of innovative companies in the remarketing space continues to expand. The second annual Power issue — ... [Read More]

Carfinco Sees Largest Receivables Growth Since 2012

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Auto Remarketing Canada Staff
After announcing a successful second quarter, Carfinco reported strong growth in both its Canadian and United States operations in August. In fact, the company reported growth in Canada that represented the largest single month growth since October 2012. Last month, ... [Read More]

Mobials Dealer Reviews to be Integrated into Monster Auto

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Auto Remarketing Canada Staff
Dealers who advertise their vehicles on the popular auto classified site MonsterAuto.ca now have another way to make their store stand out. Mobials Inc. — a syndicated car dealer review program — announced a partnership with Monster Auto to integrate ... [Read More]

Toyota Says Fuel Saved From Hybrids Would Fill 103 Swimming Pools

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Auto Remarketing Staff
Toyota introduced the Prius to Canada 15 years ago — and this week, the automaker reported it has reached the milestone of 100,000 hybrids sold in Canada. Providing an interesting illustration, Toyota Canada said the fuel saved by Canadian drivers ... [Read More]

CVMA Favors ‘Joint Forward Plan’ for US & Canada

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Josh Hyatt, Staff Writer
The Canadian Vehicle Manufacturers’ Association issued support of the Joint Forward Plan released by the Canada-United States Regulatory Cooperation Council (RCC) last week. The plan, the next step in cooperation between the two countries set in motion by the 2011 ... [Read More]

3 Automakers Notch Best August for CPO

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Sarah Rubenoff, Auto Remarketing Canada Editor
Certified pre-owned sales were steady in August, and three automakers reported their best August for certified sales ever. First up, Porsche Canada reported a record month, posting the highest CPO sales for August ever. Porsche Approved certified pre-owned sales reached 96 ... [Read More]

Ontario Appeal Court Sends Repeat Curbsider to Jail

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Auto Remarketing Canada Staff
Industry regulators are turning their focus to unlicensed dealers — and it may mean jail time for some prosecuted for the crime. The Ontario Motor Vehicle Industry Council announced this morning the Ontario Court of Justice has upheld the decision ... [Read More]

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