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
Mercedes-Benz Financial’s Canadian arm picks new CEO
Auto Remarketing Canada Staff
Mercedes-Benz Financial Services Canada has a new leader, appointing Brian Stevens its new president and CEO. Stevens will lead the financial services company’s Canadian arm in succession of James Ryan. Ryan was named CEO of Mercedes-Benz Financial Services BeNeLux, leading ... [Read More]
Alternative-powertrain vehicles lead 2024 AutoTrader Awards
Sarah Rubenoff, Correspondent
Although there may not have been any big surprises this year for the AutoTrader 2024 awards, the company’s editor-in-chief Jodi Lai told Auto Remarketing Canada she was happy to see the Toyota Prius/Prius Prime win for Best Overall Car.
“It’s cool because it's the first hybrid and plug-in hybrid that has won this overall category in the AutoTrader awards. The Prius has always been so good. It's always been very reliable and efficient, but it recently ... [Read More]
Go Auto expands presence in Canada’s Lower Mainland with purchase of Kia store
Auto Remarketing Canada Staff
Go Auto ramped up its presence in Canada’s Lower Mainland with the purchase of a leading Kia dealership. Go Auto acquired Kia West in Coquitlam, British Columbia, which according to a news release is the country’s No. 1 Kia dealer ... [Read More]
CBB report shows wholesale vehicle value depreciation easing
Auto Remarketing Canada Staff
Wholesale vehicle price declines in Canada eased a bit last week, dropping by an average of 0.39%, following a 0.55% decline the prior week, according to the latest analysis from Canadian Black Book. The CBB report shows car prices dropping ... [Read More]
Canadian government continues to combat vehicle theft, makes $15M investment
Auto Remarketing Canada Staff
Continuing efforts to combat rising vehicle theft rates, the government of Canada is investing $15 million to support law enforcement agencies fighting the growing crime rates. Members of the government, including Dominic LeBlanc, Minister of Public Safety, democratic institutions and ... [Read More]
Mazda Canada launches 3-year, $420K investment for youth empowerment, education
Auto Remarketing Canada Staff
Mazda Canada entered two long-term partnerships with organizations focused on youth education and empowerment this week. The company is equally investing $420,000 over the course of three years to Indspire and Pathways to Education — both which are leaders in ... [Read More]
CBB, AutoCorp.ai partnership makes trade-in process easier for dealers, consumers
Auto Remarketing Canada Staff
Canadian Black Book is ramping up its presence in the fintech space through a new partnership with Autocorp.ai. CBB’s integration on the Autocorp.ai platform is designed to make the online car buying and trade-in process more efficient for consumers and ... [Read More]
CARFAX Canada launches OEM CPO badge to help automakers ‘distinguish’ certified vehicles
Auto Remarketing Canada Staff
Automakers and dealerships in Canada now have another option to make their certified pre-owned vehicles stand out on history reports. CARFAX Canada has debuted a Certified Pre-Owned badge on its vehicle history reports that is designed to help its OEM ... [Read More]
Axis, looking to ‘maximize’ shareholder value, begins review of strategic alternatives
Auto Remarketing Canada Staff
Axis Auto Finance is looking to maximize shareholder value for its investors. It initiated a review of strategic alternatives to do just that, also forming a special committee of independent directors, announced last week. In response to growing interest, the ... [Read More]
Annual AutoTrader awards show Toyota as frontrunner for consumer trust
Auto Remarketing Canada Staff
The 2024 AutoTrader Awards, which celebrate some of the “best vehicles for Canadians,” honored five Grand Prix winners this year for the country’s most-trusted vehicles. That’s according to some of the country’s leading auto experts, as well as Canadian car ... [Read More]
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