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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

Montreal-based Holand acquires Romania’s only Ferrari dealership

Auto Remarketing Canada Staff
Holand Automotive Group is headed for Europe — with forza. The Montreal-based luxury dealership group has acquired Forza Rossa, Romania’s only Ferrari dealership, located in that nation’s capital of Bucharest. The acquisition is the first venture into the European market ... [Read More]

Toyota earns title of Canada’s Most Trusted Car Brand in AutoTrader Awards

Auto Remarketing Canada Staff
What’s the most trusted vehicle in Canada? According to AutoTrader, it’s a Toyota. The Japanese automaker claimed six of the 28 categories in the annual AutoTrader Awards, including the award for Canada’s Most Trusted Car Brand. Toyota’s vehicle segment winners ... [Read More]

Same old story: Toyota, Lexus rule J.D. Power’s Canadian Residual Value Awards

Auto Remarketing Canada Staff
There’s nothing new about the two top brands when it comes to residual value. Toyota was named the top mass market brand for the sixth consecutive year and Lexus took the premium brand award for the fifth year in a ... [Read More]

Canadian wholesale market decline picks up speed after 3 weeks of slower pace

Auto Remarketing Canada Staff
The decline in Canadian used-vehicle wholesale prices picked up pace in the first full week of the new year. Canadian Black Book’s weekly Market Insights report showed the wholesale market fell 0.48% for the week ending Jan. 11, ending a ... [Read More]

Canadian EV owners ready to buy another despite public charging issues, survey finds

Auto Remarketing Canada Staff
Canadian electric vehicle owners are not happy with the availability of reliable and convenient public charging — but that won’t stop them from buying another EV, according to a new study from the Canadian Automobile Association. The survey of more ... [Read More]

EV merchandising startup Lyteflo receives $3 million in seed funding

Auto Remarketing Canada Staff
Lyteflo’s seed has been planted. The new electric vehicle merchandising provider is has closed on $3 million in seed funding in an oversubscribed round led by Diagram, with participation from fellow Canadian venture capital firms Whitecap Venture Partners and Amplify ... [Read More]

CBB monthly index drops for first time since June

Auto Remarketing Canada Staff
For the first time in six months, prices in the Canadian wholesale vehicle market dipped. Canadian Black Book’s Used Vehicle Retention Index dropped to 135.7 in December, down 0.4% from 136.2 the previous month — ending a string of five ... [Read More]

OpenRoad to celebrate 25th anniversary with 25 grants to charitable organizations

Auto Remarketing Canada Staff
OpenRoad Group is celebrating its 25th anniversary by giving. OpenRoad Foundation, the dealership group’s philanthropic arm, announced the launch of its 25 in 25 grant initiative for 2025, which will award 25 grants of $25,000 each – a total of ... [Read More]

Canadian wholesale market decline slows in 2024’s final week

Auto Remarketing Canada Staff
The last week of 2024 brought an easing to the continued downward trend of the Canadian used-vehicle wholesale market. Values fell 0.21% for the week ending Dec. 28, according to Canadian Black Book’s weekly Market Insights report, a milder drop ... [Read More]

Big drop in Canadian wholesale vehicle prices as year comes to close

Auto Remarketing Canada Staff
As the year nears its end, Canadian used-vehicle wholesale values keep dropping. Canadian Black Book’s weekly Market Insights report showed the market sank by 0.64% overall in the week ending Dec. 10, almost twice the 0.33% decline of the previous ... [Read More]

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