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
OMVIC Warns Industry Curbsiders Are Changing Their Tactics
Sarah Rubenoff, Auto Remarketing Canada Editor
The Ontario Motor Vehicle Industry Council is warning consumers and the industry about a new trend among unlicensed dealers — also known as curbsiders. Though traditionally these dealers have targeted customers with smaller pocketbooks with the promise of inexpensive vehicles, ... [Read More]
Canadian Used-Car Prices On The Way Up; 2014 May Bring Reprieve
Auto Remarketing Canada Staff
Though the end of summer brought a respite from the spiking wholesale prices that dealers have suffered all year, it seems rates are on the upswing once again. According to ScotiaBank’s Global Auto Report, Canadian used-car prices “picked up” ... [Read More]
Manheim Toronto Reveals New General Manager
Sarah Rubenoff
Manheim Toronto announced a new hire this week. Tapped for the position of general manager is Don Wallace. In his new role as GM, Wallace will be responsible for all business operations at Manheim’s Canadian flagship location, the company reported. ... [Read More]
Alternative Fuel Vehicles Perform Well in this Year’s Vincentric Best Value in Canada Awards
Auto Remarketing Canada Staff
The 2013 Vinventric Best Value in Canada awards were recently released, with three brands, in particular, topping the charts. First up, Toyota received its second consecutive award as Best Value Passenger Car Brand and picked up eight individual vehicle awards. ... [Read More]
Dealertrack Technologies & Dealer Auction Announce New Hires
Sarah Rubenoff
Dealertrack Technologies announced it has appointed a new head to its Canadian operations. Named to the position of vice president and general manager of Dealertrack Canada is Michael McCarthy. The new hire has an extensive background in financial services. McCarthy ... [Read More]
Kia Canada Makes it Easier for Dealers to Find Inventory Online
Auto Remarketing Canada Staff
Kia Canada Inc. announced a new online tool for dealers, fleet and rental partners that should make acquiring pre-owned and CPO vehicles a bit easier in this tight supply environment. Kia has partnered with web-based auction AutoGavel Exchange — powered ... [Read More]
Canadian Wholesale Prices Finally Drop After Months of Spikes
Sarah Rubenoff
After rising almost every month this year, it seems wholesale prices have slowed their game, as fall is bringing lower rates at auction. The ADESA Canada Used Vehicle Price Index, powered by ALG Canada, has been updated through August, and ... [Read More]
AIA of Canada Announces Management Changes
Auto Remarketing Canada Staff
The Automotive Industries Association of Canada revealed a series of management changes this week — moves designed to better serve its members. First up, AIA promoted Andrew Shepherd to senior director of industry programs and executive director of I-CAR Canada. ... [Read More]
European Brand CPO Sales Rise; Who Beat Best-Ever Record?
Sarah Rubenoff, Auto Remarketing Canada Editor
Certified pre-owned sales were strong in August for the European automakers, with one luxury brand, in particular, touting its best August ever for CPO sales. Audi Canada had its best August ever this past month, with 436 CPO vehicles sold. ... [Read More]
Canadian Government Reveals Sale of Additional Shares of GM
Auto Remarketing Canada Staff
Canadian minister of finance Jim Flaherty confirmed this week that the government has made strides to move General Motors towards private sector ownership. Canada GEN Investment Corp. — a wholly-owned subsidiary of the Canada Development Investment Corp., who holds Canada's ... [Read More]
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