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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

Only 1 Segment Avoids Auction Price Drop

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Sarah Rubenoff, Auto Remarketing Canada Editor
After beginning to fall in May, wholesale prices turned down slightly this past month, as well. The Manheim Canada June Used Vehicle Value Index was down 2.9 points from May, coming to rest at 96.0. And though dealers may be ... [Read More]

Nissan, Toyota Are 2014 Fleet Favorites

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Auto Remarketing Canada Staff
Two Asian automakers and one of the Big 3 topped the list of the 2014 Vincentric Best Fleet Value in Canada awards. The results of the third annual set of awards were recently announced, and Nissan and Toyota shared the ... [Read More]

Fledgling, Enhanced CPO Programs Gain Traction in First Half of 2014

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Sarah Rubenoff, Auto Remarketing Canada Editor
Certified pre-owned sales results for June flowed in this morning and showed that a newly updated program in the Canadian certified landscape is gaining ground among consumers. Kia Canada’s new enhanced certified program, relaunched back in April, is “gaining traction ... [Read More]

GM Canada to Recall Over 57K Vehicles

Chevy Cruze
Auto Remarketing Canada Staff
After recalling 187,000 units the week before, General Motors Canada announced late last week yet another safety issue involving air bag inflators – bringing the recall count closer to 50 this year for the GM automaker. The most recent recall ... [Read More]

Canadian Dealers Satisfied With Lender Relationships

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Sarah Rubenoff, Auto Remarketing Canada Editor
Canadian dealer satisfaction with finance providers remains elevated, though rates have fallen from record levels seen last year. That’s according to the results from the 2014 J.D Power 2014 Canadian Dealer Financing Satisfaction study — which takes a look at ... [Read More]

Auto Finance Roundup: News From Scotiabank & Carfinco

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Auto Remarketing Canada Staff
Scotiabank revealed today a replacement for Ron Porter, who recently retired from the company. Kevin Teslyk has been named as the company’s new senior vice president of automotive finance. Teslyk will be responsible for heading up the strategic direction of ... [Read More]

Dealers File Suit Against GM Canada & Parent Co.

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Auto Remarketing Canada Staff
After upwards of 40 recalls this spring and a class action lawsuit launched against the company in April, a group of prominent GM Canada dealers is suing the company and its parent General Motors Co. Adria MacKenzie, corporate communications manager ... [Read More]

CarProof Finds 37% of Canadian Used Vehicles Have a Lien

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Auto Remarketing Canada Staff
In news relevant to both dealers and consumers, CarProof data reveals that more than one-third of the vehicles have a lien, or security for debt owing. The company shared, interestingly, this is a fact that most Canadians are “largely unaware ... [Read More]

Auto Remarketing Canada Needs Your Consent

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Sarah Rubenoff, Auto Remarketing Canada Editor
If you count on Auto Remarketing Canada's news from the pre-owned auto industry hitting your inbox every week, take note! There is one step you will need to take to ensure you keep receiving the e-newsletter and digital magazine after ... [Read More]

OMVIC Warns Dealers $9,998 Car Ads Can Be ‘Misleading’

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Sarah Rubenoff, Auto Remarketing Canada Editor
Concern that advertisements for new cars under $10,000 may be misleading for consumers prompted The Ontario Motor Vehicle Industry Council — which enforces the province’s Motor Vehicle Dealer Act and Regulations  —  to issue an open letter to Ontario’s dealers ... [Read More]

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