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
Wholesale Express under new ownership; co-founder to return to assist in expansion
Auto Remarketing Canada Staff
Wholesale Express is under new ownership — and set to expand its Eastern Canada business further across the country. The wholesale auto sales site for dealers has been purchased by an investor group made up of management and AshMark, and ... [Read More]
CARFAX Canada names Shawn Vording as next president
Auto Remarketing Canada Staff
CARFAX Canada will soon have a new leader at the helm. Shawn Vording will become the vehicle history report company’s new president, effective March 1. Vording most recently served as vice president of product and sales. Vording brings along 15 ... [Read More]
CBB’s 2024 Best Residual Value Awards shows interest in cars growing amid ‘cooling’ vehicle market
Sarah Rubenoff, Correspondent
Although the snow is still falling with weeks of winter ahead, residual value trends are showing that consumer interest for cars and smaller vehicles is growing in Canada. The results of Canadian Black Book’s 2024 Best Residual Value Awards illustrated ... [Read More]
Wholesale vehicle depreciation in Canada picks up last week
Auto Remarketing Editor Joe Overby
Wholesale vehicle depreciation gained a bit of steam in Canada last week, with prices falling by an average of 0.70%, according to the latest Canadian Black Book weekly report. Car segments once again saw larger declines, with a drop 0f ... [Read More]
Government of Canada announces new federal investments on eve of Summit to combat auto theft
Auto Remarketing Canada Staff
The day before Prime Minister Justin Trudeau was set to deliver remarks to open the National Summit on Combating Auto Theft, the government of Canada announced a variety of federal investments to stop export of stolen vehicles. On Tuesday, Dominic ... [Read More]
Trend: Wholesale cars in Canada depreciating faster than trucks, SUVs
Auto Remarketing Canada Staff
Last week, prices at auction decreased by 0.42% overall, according to the latest analysis from Canadian Black Book. CBB data indicates that prices held a bit stronger than weeks prior. Two weeks ago, prices dropped by an average of 0.61%, ... [Read More]
Consistency is name of the game for J.D. Power’s 2024 ALG residual value awards in Canada
Auto Remarketing Canada Staff
Toyota and Lexus come out on top when it comes to quality, durability and pricing. That’s according to J.D Power’s 2024 Canada ALG Residual Value Awards. ALG is the division of J.D. Power known as the industry benchmark of automotive ... [Read More]
Trust Science adds veteran tech investor to board of advisers
Auto Remarketing Canada Staff
Sourcing, screening and decisioning platform Trust Science has chosen a veteran tech investor and innovation guru to its board of advisors. Chosen for the position is John Ruffolo, whose background includes stints as the founder and managing partner of Maverix ... [Read More]
Safe-Guard Canada provides updated customer experience with new Protection Products Platform
Auto Remarketing Canada Staff
Safe-Guard Canada customers have a new experience waiting for them online. The branded protection products company announced the launch of its new website and Protection Products Platform. The company said this move “signifies the company’s digital transformation from a third-party ... [Read More]
DSMA clients gain access to European dealer acquisitions via partnership with UHY Hacker Young
Auto Remarketing Editor Joe Overby
In a bid to expand its presence worldwide, Dealer Solutions Mergers and Acquisitions, known as DSMA, is entering Europe via a new partnership with UHY Hacker Young. Both DSMA and UHY Hacker Young are leading M&A players in the dealership ... [Read More]
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