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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

Digital Finance Institute honors Scotiabank

scotiabank from shutterstock
Auto Remarketing Canada Staff
Before November closed, Scotiabank collected another accolade. Scotiabank was named the winner of the Judge’s Choice Award for Responsible Innovation in Financial Services at the 2019 Annual Canadian FinTech & AI Awards. The awards recognize banks, credit unions, innovators, investors, ... [Read More]

CBB Retained Value Index dips for first time in 7 months

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Auto Remarketing Canada Staff
Canadian Black Book vice president of research and analytics Brian Murphy summed up the latest reading of the CBB Retained Value Index with six words. “What goes up, must come down,” Murphy said in a news release sent to Auto ... [Read More]

DRIVING INSIGHTS: The path to selling more certified pre-owned vehicles

dealership
Drew Harden, CARFAX Canada
Certified pre-owned programs offer a great opportunity to increase your gross. However, the word certified means different things to different people, which creates confusion for customers and challenges for dealerships. What does a customer really want when they’re looking to buy certified, ... [Read More]

Auction Life photo spread in next ARC magazine

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Auto Remarketing Canada Staff
Attention, Canadian auto auctions: Auto Remarketing Canada is putting together an “Auction Life” photo spread for our next print issue.  If your auction or auction group would like to participate, submit photos via email to senior editor Joe Overby at [email protected] no later than close ... [Read More]

New leader for Mercedes-Benz Financial Services Canada

James Ryan
Auto Remarketing Canada staff
The new president and chief executive officer for Mercedes-Benz Financial Services Canada Corp., James Ryan, will head up the Canadian divisions of Mercedes-Benz Financial Services and Daimler Truck Financial. He will lead a team of 165 employees.. Ryan succeeds Stefan ... [Read More]

MUVIT: Helping connect buyers, sellers from anywhere, anytime

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Auto Remarketing Canada staff
As digital wholesale platforms continue growing in Canada, Cox Automotive Canada has launched a new Canadian dealer-to-dealer digital auction platform that it says can use Manheim’s brand and physical auction services to deliver a competitive advantage to all dealers and ... [Read More]

Million-dollar sales record for Axis Auto Finance

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Auto Remarketing Canada staff
Axis Auto Finance originated $1 million in new loans in a single day. The milestone, which took place at the end of September, was a single-day originations record for the company. The record highlights the culmination of 12 months of ... [Read More]

Canadians say they drive safely; actions state otherwise

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Auto Remarketing Canada staff
Eighty-eight percent of drivers according to a recent survey would give themselves a grade of A or A+ for their driving skills. But 80% admit to speeding because of an “inadvertent lead foot.” The study is from Onlia, which offers ... [Read More]

New communications leader for Cox Automotive Canada

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Auto Remarketing Canada staff
In his new position as senior manager, corporate communications and public relations for Cox Automotive Canada, Mark James will lead all communications for the company and its brands across the country. James, who most recently served as manager of corporate communications ... [Read More]

Rapid, moderate, or slow? Report examines EV adoption scenarios

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Auto Remarketing Canada Staff
Rapid adoption of electric vehicles — a scenario in which EVs represent 30% of Canada’s vehicle stock, compared to less than 3% today — would reduce domestic oil consumption by about 252,000 barrels per day, according to Ernst and Young, ... [Read More]

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