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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

Cox Automotive to end sales at Manheim Edmonton auction

Joe Overby, Senior Editor
Cox Automotive is ending physical auction sales at its Manheim Edmonton location, the company told Auto Remarketing on Wednesday. The last public sale at the auction will be March 25 and the final commercial sale is March 30. The company ... [Read More]

Dealer groups: Ride Automotive adds 2nd US store; Sonic opens new concept store in Nashville

Auto Remarketing Staff
Canadian dealer group Ride Automotive has made its second U.S. acquisition, purchasing Marin Mazda in San Rafel, Calif., from Michael Glasser The acquisition announced by Performance Brokerage Services, which advised on the deal. Ride Automotive, which includes two Kia stores ... [Read More]

How Canadian used-car values fared to begin March

Auto Remarketing Canada Staff
March began with Canadian wholesale vehicle values falling 0.18%, which is in line with the average movement for same week of 2017-2019, according to Canadian Black Book’s Market Insights report for the week ending March 4. For the last full ... [Read More]

CARFAX Canada rolls out History-Based Value for dealers

Auto Remarketing Canada Staff
CARFAX Canada kicked off March by launching History-Based Value, a vehicle valuation model designed to adjust automatically for the unique history of each vehicle. CARFAX Canada updates History-Based Value every seven days. The company made this product available for dealers ... [Read More]

PODCAST: EBlock CEO Jason McClenahan returns to show

Auto Remarketing Canada Staff
EBlock CEO Jason McClenahan joined the show from NADA Show 2023 in Dallas in late January for a discussion about how the digital wholesale platform connects land and technology, how EBlock is investing in both, plus wholesale market trends and ... [Read More]

AutoCanada buys paintless dent repair provider

Brown & Brown secures assets of DealerMax
Auto Remarketing Canada Staff
AutoCanada announced an acquisition Tuesday that can help strengthen the retailer’s service and repair operations. The company has purchased DCCHail, which is a Canadian paintless dent repair company that specializes in insurance claim management and fixing vehicles damaged by hail. ... [Read More]

Vehicle aftermarket tech startup WeeL raises $750K in funding

Auto Remarketing Editor Joe Overby
Toronto-based WeeL, a tech startup in the automotive aftermarket space, announced a $750,000 (CAD) round of funding on Wednesday, marking its first external fundraising. WeeL began with at-home vehicle maintenance in the Greater Toronto Area and is now raising capital ... [Read More]

Canadian used-car retail sales market fares better than new

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Sarah Rubenoff, Correspondent
The retail auto industry in Canada has experienced significant turmoil since early 2020 when COVID hit, both in the new and used markets. Pile on economic shutdowns, production challenges, short new and used inventory, price hikes, and more, and you ... [Read More]

CBB launches Retail Listings Visualization dashboard

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Auto Remarketing Staff
On Monday, Canadian Black Book introduced a Retail Listings Visualization dashboard for the Canadian auto industry that gives its clients into such statistics as vehicle portfolios, brand penetration, in-market and out-of-market sales, and certified pre-owned optimization. Additionally, the dashboard allows ... [Read More]

Amid ongoing supply constraint, buyers & sellers in Canadian wholesale market ‘trying to figure things out’

cars at dealership_11 (1)
Sarah Rubenoff, Correspondent
Although digital remarketing was on the rise before COVID, many in the industry still preferred the in-lane process and physical auction sales.  Then the pandemic hit. And the economic shutdown was soon to follow. With the closing of auctions’ physical ... [Read More]

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