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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

AutoTrader data shows shift toward economy in Canadians’ vehicle choices

Auto Remarketing Canada Staff
Canadians seem to be feeling squeezed by economic pressures when it comes to their vehicles. AutoTrader’s year-end data on the most searched for and most sold vehicles on its platform shows Canadian consumers choosing vehicles that prioritize affordability, reliability and ... [Read More]

Survey shows demand for EVs slowing in Canada

Auto Remarketing Canada Staff
Demand for electric vehicles in Canada seems to be powering down. Ernst & Young’s latest EY Mobility Consumer Index report shows Canadian consumers’ intent to purchase an EV has sunk 2% from 2023, even as overall vehicle purchase intent rose ... [Read More]

Canadian wholesale market continues downward trend

Auto Remarketing Canada Staff
The Canadian used wholesale vehicle market continued to trend downward last week, and at the same rate as the week before, according to Canadian Black Book’s weekly Market Insights report. Vehicle values fell 0.33% overall in the week ending Nov. ... [Read More]

Approval Genie program helps struggling Canadians make their car payments

Auto Remarketing Canada Staff
Approval Genie has launched a new program to help Canadians in need keep their vehicles. In a news release, the auto finance company called its PaymentAssist Program “a bold move to further its commitment to empowering Canadians.” The initiative is ... [Read More]

Centennial College amps up auto tech training with required EV courses

Auto Remarketing Canada Staff
Centennial College is amping up its auto technician training program’s emphasis on electric vehicles. Students starting the Centennial College School of Transportation’s Automotive-Motive Power Technician program will now be required to complete EV/hybrid courses as part of their training. In ... [Read More]

Canadian Black Book used vehicle index remains in holding pattern

Auto Remarketing Canada Staff
When it comes to the Canadian wholesale vehicle market, all is calm. For the third month in a row Canadian Black Book’s Used Vehicle Retention Index did not move in October, standing at 136.0 points — same as it was ... [Read More]

Autocorp.ai ‘declares war’ on fraud with launch of ID verification tool

fraud prevention
Auto Remarketing Canada Staff
Autocorp.ai has unveiled a new weapon in the war against fraud. The Ottawa-based automotive retail technology provider announced the launch of AVA ID Verified, an identity verification system created to “wage war against the rising tide of fraud targeting dealerships,” ... [Read More]

SCI Lease Corp to offer leases on Lucid EVs

Auto Remarketing Canada Staff
Canadian automotive leasing company SCI Lease Corp has joined with California-based electric vehicle manufacturer Lucid in a partnership designed to give Canadian drivers access to “flexible, transparent and competitive leasing options” for the Lucid Air. “We are excited to add ... [Read More]

Overall drop in wholesale vehicle values not quite as steep, but declines widespread across segments

Auto Remarketing Canada Staff
For the most part, it was a week of price declines across the board in the Canadian wholesale vehicle market, with one segment bucking the trend. The overall drop in prices wasn’t quite as steep as the prior week’s, at ... [Read More]

Full-size pickups buck Canadian wholesale market’s downward trend

Auto Remarketing Staff
Every segment of the Canadian used wholesale vehicle market was down for the week ending Nov. 2. Except one. And that one went through the roof. Canadian Black Book’s weekly Market Insights showed the average wholesale price of full-size pickup ... [Read More]

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