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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

Wholesale vehicle price depreciation higher than historic averages for season

Wholesale vehicle depreciation exceeding seasonal norms.
Auto Remarketing Canada Staff
Wholesale vehicle prices in Canada continued to fall last week, but the drastic declines of the week prior evened out a bit. According to Canadian Black Book data, wholesale prices fell by 0.96% overall. Cars fell by just 0.46%, while ... [Read More]

Canadian car shoppers looking for their favorite ride, but will settle on ‘practical’

Auto Remarketing Canada Staff
AutoTrader’s Top Vehicles of 2023 research shows that Canadian car shoppers are still optimistic, reflected by search rates for luxury vehicles. However, actual completed transactions show a preference for utility. This year, Canadians were plagued by high cost-of-living and vehicle ... [Read More]

Fisker adds 2 new executives for Canada, US

Fisker adds 2 new executives for Canada, US
Auto Remarketing Canada Staff
Electric vehicle maker Fisker is ramping up its North American executive team, adding leaders in its Canadian and U.S. operations. Wolfgang Hoffmann is the new country manager for Canada, and Amira Aly has joined as vice president of sales, for ... [Read More]

VinFast drivers now have access to FLO’s EV charging network

COMMENTARY: Numerical path to build EV gross & still boost consumer affordability
Auto Remarketing Canada Staff
Drivers of VinFast vehicles in Canada now have another option for charging solutions. Electric vehicle charging company FLO is now equipped to provide charging services for Canadian drivers with VinFast EVs, and gives them access through FLO’s network of public ... [Read More]

Wholesale vehicle prices in Canada show largest drop of 2023, fall over 6 times historical average

Auto Remarketing Canada Staff
Wholesale vehicle price declines in Canada accelerated last week, with the larger segments seeing an over 3% drop. According to Canadian Black Book weekly wholesale data, prices fell for the week by an average of 1.56%. Cars were down by ... [Read More]

Syngrafii’s e-signature platform integrates Trulioo identity document verification

Auto Remarketing Canada Staff
E-signature solutions company Syngrafii is working to ramp up its identity verification capabilities and provide their customers more ease in the process through a new partnership with Trulioo identify document verification. Trulioo’s identity document verification tool is now integrated into ... [Read More]

Depreciation in used-car prices slows down last week

Wholesale vehicle prices drop by over half-percent last week
Auto Remarketing Canada Staff
Wholesale vehicles price drops lessened a bit last week, with an average decline of 0.38%, says Canadian Black Book. CBB data shows car segment prices dropped by 0.23%, while pickups and SUVs prices fell 0.53%. This continues a trend of ... [Read More]

Audi Canada president adds VW Group Canada leadership position to title

Audi Canada president adds VW Group Canada leadership position to title
Auto Remarketing Canada Staff
Audi Canada president Vito Paladino has a new title to add to his LinkedIn profile as he takes on a role leading Volkswagen Group Canada, as well. Paladino, the new president and CEO of VW’s Canadian arm, will now be ... [Read More]

CBB 2023 Retained Value Awards reflect high used-vehicle values

award winner
Auto Remarketing Canada Staff
Used-vehicle prices have been falling from highs seen in March of last year, but Canadian Black Book’s 2023 Best Retained Value Awards show values in the market remain elevated. Analysis around the awards also shows a first for battery electric ... [Read More]

SCI Lease Corp. to support leasing program for VinFast EVs in Canada

SCI Lease Corp. to support leasing program for VinFast EVs in Canada
Auto Remarketing Canada Staff
SCI Lease Corp. has new options for Canadian consumers looking to lease, through a new partnership with Vietnamese automaker VinFast. SCI now offers Canadians a leasing program for VinFast electric vehicles, growing the automaker’s presence in the country. VinFast already ... [Read More]

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