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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

Used or new? Delayed or soon? Canadians share car-buying plans

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Auto Remarketing Canada Staff
Close to three-fifths of Canadian shoppers surveyed by CarGurus last month plan on buying a vehicle this year, with 41% saying they had intended to, but are now putting off that purchase. The survey, which was conducted among 500 Canadians, ... [Read More]

Axis Auto Finance on COVID-19 response, $6.25M bank loan

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Auto Remarketing Canada Staff
Axis Auto Finance provided a wide-ranging shareholder update this week, including that the subprime automotive finance company closed on a $6.25 million term loan with a Schedule 1 bank. From the onset of the pandemic and the government-mandated measures to ... [Read More]

New account management, business development director for Safe-Guard Canada

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Auto Remarketing Canada staff
Safe-Guard Products International LLC has named Mary Buhr as director of account management and business development for Safe-Guard Canada. Safe-Guard Products International is a provider of third-party private label protection products for the automotive, RV, marine and powersports industries, and ... [Read More]

Financial incentives & alternative shopping, top considerations of autoTRADER.ca visitors

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Auto Remarketing Canada staff
Financial incentives are the most significant factor in shopping for or purchasing a vehicle. The most popular purchase incentive among consumers? A zero-percent financing offer. Those are among the findings of a new study from TRADER Corp., which surveyed more than ... [Read More]

COMMENTARY: Times have changed — Adapt to the new normal

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Brian Murphy, Canadian Black Book
It’s nice to be able to spread some good news amongst so many dreary reports of late. Car dealerships are beginning to reopen across Ontario and Quebec, which represents 65% of new-car sales in Canada. This is great news! As ... [Read More]

COMMENTARY: The chickens have come home to roost

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Jeffrey Fallowfield , Guest Contributor
Finally, we are seeing some action on restarting the economy! The various levels of government are taking a very cautious approach, as they should, in allowing more businesses to open, albeit on a restricted basis and with significant protocols in ... [Read More]

J.D. Power: Crisis intensifies what dealers want from lenders

Canadian finance
Auto Remarketing Canada Staff
J.D. Power sees the coronavirus pandemic as a significant opportunity for Canadian auto finance companies, especially as overall industry satisfaction readings are mixed year-over-year. As the operational and financial effects of COVID-19 cause havoc to the auto sector and bring ... [Read More]

Investment could help EVs become lighter, less expensive

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Auto Remarketing Canada staff
Inmotive, which produces the patent-protected Ingear two-speed transmission for electric vehicles, has closed a $7.5-million Series A round of funding. For Toronto-based Inmotive, the investment means the company is a step closer to helping plug-in electric vehicles become lighter and ... [Read More]

Canadian Black Book finds ‘good news’ within latest COVID-19 market update

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Auto Remarketing Canada Staff
Along with updating its most likely and severe recession scenarios for how wholesale prices might perform, Canadian Black Book began its latest COVID-19 update with what analysts declared to be “good news.” Canadian Black Book highlighted on Monday that those ... [Read More]

Hoping to ease ‘extenuating circumstances,’ Porsche extends new-car warranty

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Auto Remarketing Canada staff
Stating it was taking the action because of “greatly restricted business” at many Porsche centers that has taken place recently, the luxury automaker is extending the new-car warranty by three months for all vehicles with a new-car warranty expiring between March ... [Read More]

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