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
Ford F-150 Most-Appraised Vehicle in 2013
Sarah Rubenoff, Auto Remarketing Canada Editor
After giving up a few months to smaller models, the Ford F-150 reclaimed its spot as the most-appraised vehicle in Canada, according to the December TradeTracker Used Vehicle Market Report. The F-150 was followed by the Honda Civic Sedan (No. ... [Read More]
Canadian Wholesale Prices End 2013 on the Rise
Sarah Rubenoff, Auto Remarketing Canada Editor
During the last month of 2013, wholesale prices did rise on an overall basis — a trend dealers experienced during most of last year — but the spike was slight, and price movements for most segments were negative. According to ... [Read More]
Tracking Devices Aid in Bust of International Car-Theft Crime Ring
Sarah Rubenoff, Auto Remarketing Canada Editor
Many high-end vehicle dealers in Canada are breathing a sigh of relief as Canadian and U.S. law enforcement agencies cracked down on an international vehicle theft crime ring, recovering $3.2 million in assets. Car recovery company LoJack Corp. reported its ... [Read More]
Canada Hits Record for New-Car Sales in 2013
Sarah Rubenoff, Auto Remarketing Canada Editor
After years of post-recession lows, the Canadian automotive market reached a new record in 2013, according to analysis from the Canadian Automotive Dealers Association released this week. A whopping 1.74 million new cars were sold in Canada last year, up ... [Read More]
Hyundai Auto Canada Chooses Former Mazda Canada President as First COO
Sarah Rubenoff, Auto Remarketing Canada Editor
Hyundai Auto Canada Corp. announced its choice for its very first chief operating office, hiring an industry veteran for the job. Donald Romano brings over 29 years of experience in the automotive industry to the role of COO. The company ... [Read More]
European Brand CPO Sales Soar
Sarah Rubenoff, Auto Remarketing Canada Editor
As December and full-year 2013 certified pre-owned results came in, it’s evident that while European automakers saw CPO sales rise consistently throughout this past year, Japanese brands were feeling the sting of tight used supply. One European brand even notched ... [Read More]
Can Automakers Shift Canadian Consumer Interest From Long-Term Loans Back to Leasing?
Sarah Rubenoff, Auto Remarketing Canada Editor
Though analysts offered no short-term good news in regards to Canadian leasing levels, movement in the new-car market could spell more off-lease vehicles in the future. That is, if OEMs are able to turn consumers away from long-term loans and ... [Read More]
Acura Canada to Recall More Than 3K Model-Year 2014 Vehicles
Sarah Rubenoff, Auto Remarketing Canada Editor
Acura Canada announced two recalls this week that affect more than 3,000 model-year 2014 units in Canada. First, Acura said it is recalling 3,074 MDX vehicles from the 2014 model year to inspect and, if needed, tighten or replace bolts ... [Read More]
ARI Reveals 2 New Exec Appointments in Canada
Sarah Rubenoff, Auto Remarketing Canada Editor
Fleet services provider ARI announced two new executive appointments this week. Rick Tousaw has been promoted to senior vice president and general manager of ARI Canada. And Craig Balfour has been promoted to vice president of sales for ARI Canada. ... [Read More]
Mercedes-Benz Canada Announces 2014 Star Dealers
Auto Remarketing Canada Staff
Mercedes-Benz Canada revealed this week its 2014 Star Dealers list. These awards honor the top 10 authorized Mercedes-Benz dealers in Canada, “reinforcing the critical role that each dealership plays in the overall success of the Mercedes-Benz, AMG, smart and Sprinter ... [Read More]
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