Wolters Kluwer on significance of digital securitizations by credit unions
Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, returned as a guest on the Auto Remarketing Podcast, recapping the recent milestone associated with credit unions and securitizations. Babcock also touched on the proliferation of AI agents and ... Listen Here
Next Ron Smith Lifetime Achievement Award recipient: Kyle Birch of GM Financial
For the first time since 2022, Auto Remarketing and Cherokee Media Group are giving their Ron Smith Lifetime Achievement Award; an honor reserved especially for executives who have made one of the most significant impacts on the used-car industry. During ... Listen Here
Used Car Week Hall of Fame honoree Jared Kalfus of Black Book
We finish our series featuring the 2026 Used Car Week Hall of Fame honorees with a conversation featuring Black Book president Jared Kalfus. Kalfus describes what it takes to be successful in sales and why face-to-face conversations are still vitally ... Listen Here
Dilawri opens third Kia store in Ontario
Auto Remarketing Canada Staff
Dilawri is expanding its Kia footprint in Ontario. The dealer group, said to be Canada’s largest, said Tuesday it has opened Kia Vaughan, which is its third Kia store in the province. The Vaughan, Ontario store joins Markham Kia and ... [Read More]
AutoCanada adds to collision repair footprint in Metro Vancouver
Auto Remarketing Canada Staff
The new-look AutoCanada continues to develop. After announcing last week its board would conduct a strategic review of the company’s collision operations, the retailer said Thursday that it has completed its purchase of two Colorworks Autobody collision repair enters in British ... [Read More]
AutoCanada to conduct strategic review of collision operations
Auto Remarketing Canada Staff
AutoCanada said last week that its board has initiated a strategic review of the company’s collision operations. A special committee of independent directors will analyze and evaluate various “strategic alternatives intended to maximize value for AutoCanada and its shareholders and ... [Read More]
Foss Group of Companies emerges in ‘new chapter’ for entity spanning entire vehicle lifecycle
Auto Remarketing Canada Staff
The Foss family name in Canadian auto retail dates back to 1962, when a single-point General Motors dealership opened in North Toronto. Some 60-plus years later, a new entity has emerged that unites the auto retail, fleet management, mobility and ... [Read More]
VMR provides API access to used-car values in Canada
Auto Remarketing Canada Staff
Vehicle Market Research International, which has provided used-vehicle values to consumers and businesses for more than 35 years, said last week it is now providing API access to the company’s used-car valuation data on Canadian vehicles up to 16 years ... [Read More]
AutoCanada discontinues C2C F&I and Kijiji-based ICO businesses
Auto Remarketing Canada Staff
AutoCanada is ending its online consumer-to-consumer finance and insurance business and its Kijiji-based instant cash offer business. The dealer group said Monday that it has repurchased iA Financial Group’s 10% common equity interest in 15154871 Canada Inc. for $8 million ... [Read More]
5 benefits of collaboration involving Inovatec by Solifi and RouteOne
Auto Remarketing Canada Staff
Solifi acquired Inovatec at the beginning of September, and the division is already building industry collaborations. Surfacing this week is the provider of indirect lending and digital retailing workflows working with RouteOne, which is a key industry provider of a ... [Read More]
Carfax Canada aims to help dealers expand acquisition strategy & find right vehicles
Auto Remarketing Canada Staff
Carfax Canada announced it has launched a new tool to help dealers acquire the right inventory and do so from additional sources. The company said Carfax Canada Sourcing allows dealers to evaluate potential acquisition targets through data-backed insights, giving them ... [Read More]
The opportunity in the Canadian dealer fixed ops: Loyalty & satisfied repeat customers
Auto Remarketing Canada Staff
Canadian service customers are spending more dollars at dealerships than in prior years, and dealers account for nearly half of service visits while commanding a 63% share of the revenue, according to the JD Power 2026 Canada Customer Service Index ... [Read More]
Wholesale price declines grow, ‘returning to more typical weekly levels’
Auto Remarketing Canada Staff
After a slight increase the week before, car segment prices in the Canadian wholesale vehicle market were once again on the downward path and declines in the overall market grew steeper, getting back to more typical levels. That’s according to ... [Read More]
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