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
How accurate foot traffic data can help auto dealers guide, streamline advertising spend
Sarah Rubenoff , Correspondent
How do dealers track walk-in traffic? Well, to many, it may be more obvious and seem more beneficial to focus on tracking click rates and website visits these days. But according to auto marketing industry veteran Miranda Pyette, that may ... [Read More]
OpenRoad Auto Group acquires Wolfe Subaru on Boundary
Auto Remarketing Canada staff
Mike Hacquard of Wolfe Auto Group and the late Gordon Wolfe founded the Subaru dealership Wolfe Subaru on Boundary in 2014, and the dealership’s many awards include the 2019 DealerRater Consumer Satisfaction Award. On Jan. 22, OpenRoad Auto Group announced it ... [Read More]
autoTRADER.ca survey: Toyota most trusted automaker
Auto Remarketing Canada staff
These days, “All cars are good,” said autoTRADER.ca editor-in-chief Jodi Lai. “But we’re here to separate the good cars from the award-winning ones,” Lai said in a news release. To do that, autoTRADER.ca is presenting its 2020 autoTRADER.ca Awards presented ... [Read More]
CBB: Slight December dip does little to diminish record-setting year
Auto Remarketing Canada Staff
A slight dip in the Canadian Black Book Index arriving in December did little to take away from the record-setting year for the wholesale price measurement. Coming off the record of 108.5 being set in November, Canadian Black Book reported ... [Read More]
Women & Automotive nominations open through Jan. 31
Auto Remarketing Canada Staff
Cherokee Media Group is entering Year 5 of the Women & Automotive Canadian Leadership Forum, which takes place June 19 at the Westin Harbour Castle in Toronto. Part of that event is the Women & Automotive: Profiles in Leadership recognition, both ... [Read More]
Toyota, Porsche highlight ALG’s Canadian Residual Value Awards
Auto Remarketing Canada Staff
Toyota took home six vehicle category wins, the most of any brand, and won top mainstream brand honors in ALG’s 2020 Canadian Residual Value Awards announced this week. Porsche was the overall winner on the premium side. The Residual Value Awards ... [Read More]
CarGurus says Nissan partnership to bring ‘transparent and trusted digital environment’
Auto Remarketing Canada staff
Nissan Canada Finance president Alain Ballu says its new partnership with online auto marketplace CarGurus allows Nissan “to further maximize our successful Nissan Certified Pre-Owned program through a transparent and trusted digital environment.” “At Nissan, we are constantly looking for ... [Read More]
OCM Auto Financing Group secures $10M in funding to grow footprint
Auto Remarketing Canada Staff
Before 2019 wrapped up, OCM Auto Financing Group gained more funding horsepower to propel its business this year and down the road, too. The Ottawa-based subprime auto lender secured a $10 million credit facility from Toronto-based lender Bridging Finance Inc. ... [Read More]
WGI and Lubrico acquired by iA Financial Group
Auto Remarketing Canada Staff
The opening days of 2020 have been eventful for iA Financial Corp. Inc., the holding company of iA Financial Group. The company announced on Friday that it acquired three companies specializing in vehicle warranties in Canada: WGI Service Plan Division ... [Read More]
Canada shows CPO strength in 2019
Joe Overby, Senior Editor
Based on reports shared by automakers with Auto Remarketing Canada, 2019 was another strong year for the certified pre-owned vehicle market in Canada, with multiple OEMs reporting sales records. For example, Mercedes-Benz had its best-ever year for CPO sales, moving ... [Read More]
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