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
TRADER to Launch Dealer-to-Dealer Online Auction
Sarah Rubenoff, Auto Remarketing Canada Editor
TRADER Corp. is entering the online auction ring with its new product TRADER Exchange. The new dealer-to-dealer auction tool gives TRADER’s dealer customers a way to wholesale vehicles without leaving the portal they have used to retail units to customers ... [Read More]
Are You Getting Your Fair Share Of The Used-Car Market?
Richard MacDonald , RPM Solutions
Ninety percent of a successful used-car dealer’s time, money, energy and efforts typically go into the processes that take place before a customer ever contacts the dealership: buying, reconditioning, photography, etc. When I was in sales, many years ago, my ... [Read More]
AutoCanada Used Retail Sales Revenue up Nearly 10%
Auto Remarketing Canada Staff
AutoCanada announced its second-quarter results late last week, showcasing a same-store used-vehicle retail revenue increase of 9.9 percent. The group also made their largest acquisition to date by acquiring the Hyatt Group of Dealerships in Calgary while also adding their ... [Read More]
VW & Mazda CPO Sales Continue to Soar
Sarah Rubenoff, Auto Remarketing Canada Editor
As July CPO sales results come in, one luxury European automaker and a program launched in 2012 led the pack, with sales soaring year-over-year. Both Volkswagen Canada and Mazda Canada have seen strong certified sales every month this year and ... [Read More]
Park Avenue Audi VP Talks Best Practices
Auto Remarketing Canada Staff
To get a bit more insight into what makes a Groupe Park Avenue dealership tick, Auto Remarketing Canada chatted with David Webber, vice president and general manager of Park Avenue Audi in Brossard, Quebec. This interview was part of the ... [Read More]
Used Prices Predicted to Fall 4% by 2017
Sarah Rubenoff, Auto Remarketing Canada Editor
Though dealers are seeing little easing of used-car prices so far this year, analysts say the outlook is starting to look a bit better for those buying in the lanes and on the lots. According to the latest RVI Risk ... [Read More]
Hyundai Canada Launches New Dealership Certification Program
Auto Remarketing Canada Staff
Hyundai Auto Canada Corp. has announced a new Signature Certification Program for dealerships in an effort to ramp up the traditional sales and service processes in Hyundai stores across the nation. The company shared the new program is aimed at ... [Read More]
Groupe Park Avenue to Open on Saturdays
Auto Remarketing Canada Staff
Groupe Park Avenue announced this week it has decided to follow the industry trend and conduct business on Saturdays. The family owned dealer group, who is included in the upcoming Auto Remarketing Canada Digital Magazine’s Leading Dealer Groups in Canada ... [Read More]
GM Canadian Leasing Volume Almost Triples in Q2
Sarah Rubenoff, Auto Remarketing Canada Editor
Canadian performance stood out in General Motors Financial Co.’s second-quarter financial performance, with growth in both leasing volume and loan originations. This may come as good news to the dealer community, as high lease rates means more used supply a ... [Read More]
Groupe Park Avenue Prepares for Next Phase of Growth
Sarah Rubenoff, Auto Remarketing Canada Editor
In the upcoming issue of Auto Remarketing Canada Digital Magazine — set to be released this coming Tuesday — we showcase some of the country’s oldest, biggest and most influential dealer groups. One of these leaders in the industry is ... [Read More]
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