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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

Online retailer Clutch raises $7M in seed funding

Clutch Canada
Auto Remarketing Canada Staff
Canadian online auto retailer Clutch announced a $7 million seed financing round led by Real Ventures. Announced last week, the round also included BrandProject, FJ Labs, Azure Capital Partners and Global Founders Capital. The new funds are intended to help Clutch ... [Read More]

CarGurus study highlights growing sentiment toward vehicle purchasing

Canada covid
Auto Remarketing Canada Staff
Similar to findings the firm uncovered from the United States, CarGurus determined through its latest analysis that Canadian consumers still have a sustained, high interest in purchasing vehicles amid the coronavirus pandemic. This week, CarGurus released its second Canadian COVID-19 ... [Read More]

Traffic soars at Ontario dealerships, plus Canadian vehicle sales insights

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Joe Overby, Senior Editor
 Foot traffic is up substantially at Ontario car dealerships. That’s according to a study commissioned by TRADER Corp. and conducted by EQ Works that looked at dealership visits at 750 stores in the province during May and June. Unique visitors to ... [Read More]

How used-car sales have fared for AutoCanada

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Auto Remarketing Canada Staff
After a strong start to the year, with used retail unit sales up 16% year-over-year for the first two months of 2020, pre-owned sales in Canada for AutoCanada started to take a hit in mid-March amid the COVID-19 pandemic.  But ... [Read More]

Women & Automotive moves to digital format for 2020

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Auto Remarketing Canada Staff
The 2020 Women & Automotive Canadian Leadership Forum will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties ... [Read More]

AR Canada Conference 2020 goes all-digital

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Auto Remarketing Canada Staff
The 2020 Auto Remarketing Canada Conference will be a digital experience. In light of the COVID-19 pandemic, Cherokee Media Group has determined the best move for the health and safety of our audience, speakers, teammates and all parties involved is ... [Read More]

Equifax Canada examines ‘new normal’ for auto financing

Canada covid
Auto Remarketing Canada Staff
Equifax Canada looked to provide some clarity as auto-finance providers continue to navigate the challenges created by the coronavirus pandemic. The credit bureau recently released a whitepaper that reviewed credit-based insights for lenders to keep in mind as both dealers ... [Read More]

At least 2 automakers reach best-ever CPO totals in Canada

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Joe Overby, Senior Editor
Here’s an encouraging sign for the Canadian used-car market from June: at least two automaker programs had their strongest months ever for certified pre-owned, and a third, is gaining ground. Starting with Hyundai, it reported its strongest certified pre-owned sales ... [Read More]

Dilawri expands into Laval with first Lexus store purchase

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Auto Remarketing Staff
Dilawri Group of Companies has added its first Lexus dealership. And its first store in the Laval market. The automotive group announced Wednesday it purchased Lexus Laval in Quebec, putting Dilawri’s dealership count up to 75. The store, located at ... [Read More]

Manheim Canada launches sanitization service to help prevent COVID-19 exposure

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Auto Remarketing Canada Staff
Manheim Canada announced last week that it would be launching a service to disinfect and treat vehicles sold through the company’s simulcast auctions to help prevent customer exposure to COVID-19 and other viruses. The Manheim Vehicle Disinfection Service started June ... [Read More]

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