Point Predictive’s Frank McKenna returned for another episode of the Auto Remarketing Podcast for a discussion about what’s happening on the fraud front.
McKenna recapped his keynote appearance at this year’s Non-Prime Auto Financing Conference hosted by the NAF Association as well as the ransomware attack that hit CDK Global and impacted thousands of dealerships.
Canada’s wholesale auto market is so vast that a conversation about it had to be divided into two parts for the Auto Remarketing Podcast.
The first part of that conversation from Canada’s Used Car Week in Toronto features:
—Riley Spiers of OPENLANE Canada
—Matt Rispin of North Toronto Auction / AutoCanada
—Steve Macaluso of Copart
—Gerry Johnson of Otolane
—Bryan McIntyre of EBlock
Two executives from RPM focused on three specific topics involving logistics and transportation for this special sponsored episode of the Auto Remarketing Podcast.
Andrew Kmita, who is director of sales, remarketing, and Lilia Soper, who is director of operations, vehicle, each elaborated about trust, transparency and the enterprise model as ways RPM can benefit new and current clients.
Most Canadians who purchase a vehicle need financing. A trio of industry executives described the current financing landscape during this year’s Canada’s Used Car Week.
For this episode of the Auto Remarketing Podcast, we take you back to Toronto for a conference panel discussion focused on the state of auto finance in Canada. The panel included:
—Stephanie Lamb of CIBC
—Ilja Troitschanski of Axis Auto Finance
—Dave Fowler of TD Auto Finance
According to the Insurance Bureau of Canada, the cost of insurance claims for replacing stolen vehicles in Canada soared to a record-breaking $1.5 billion in 2023, the second consecutive year auto theft claims costs have surpassed $1 billion.
And the National Insurance Crime Bureau (NICB) and the National Highway Traffic Safety Administration (NHTSA) said more than 1 million vehicles in the U.S. have been stolen annually during each of the past two years.
It’s statistics like those that prompted CARFAX Canada president Shawn Vording to give a keynote presentation at this year’s Canada’s Used Car Week in Toronto. Vording’s presentation titled, “Hot Wheels and Cold Sweats: Navigating the Wild World of Vehicle Theft,” is included in this episode of the Auto Remarketing Podcast.
No one should blame Gene Daughtry if he often hums the Johnny Cash song “I’ve Been Everywhere” since the senior consultant for Auto Master Systems likely has been to many of the same cities included in the chorus of that country tune.
While he didn’t burst into song during his latest visit for the Auto Remarketing Podcast, Daughtry did share more anecdotes about how dealers are navigating the current market for this episode recorded in Las Vegas during this year’s NIADA Convention & Expo.
LGM Financial Services executive vice president of marketing Jeff Schulz acknowledged more Canadians are seeking digital paths toward acquiring their next vehicle.
During this episode of the Auto Remarketing Podcast recorded during Canada’s Used Car Week in Toronto, Schulz highlighted how the F&I is responding and what might be on the horizon in connection with artificial intelligence and other technologies.
Normand Theberge serves as senior vice president and general manager of Cars Commerce Canada.
During this episode of the Auto Remarketing Podcast recorded during Canada’s Used Car Week in Toronto, Theberge recapped the successful blending of D2C Media into the Car Commerce Canada portfolio, the future of Accu-Trade in Canada and more.
Laura Davidson owns and operates Key Auto Approvals in Burlington, Ontario. A portion of Davidson’s customer base has been struggling financially, making reliable transportation even more important.
One of Cherokee Media Group’s Women & Automotive: Profiles in Leadership program selections, Davidson made time for the Auto Remarketing Podcast after appearing on stage during Canada’s Used Car Week in Toronto.
Davidson gave an update about how her customers and dealership are doing and offered future expectations.
J.D. Power’s Mike Buckingham not only was part of the expert speaking faculty at Canada’s Used Car Week, but he also spent time at this year’s event in Toronto for the Auto Remarketing Podcast.
Buckingham described some of the primary differences between the U.S. and Canadian finance markets as well as some ingredients that could help dealers and lenders for the rest of the year and beyond.
