Wolters Kluwer on significance of digital securitizations by credit unions
Matthew Babcock, who oversees digital lending product strategy for Wolters Kluwer, returned as a guest on the Auto Remarketing Podcast, recapping the recent milestone associated with credit unions and securitizations. Babcock also touched on the proliferation of AI agents and ... Listen Here
Next Ron Smith Lifetime Achievement Award recipient: Kyle Birch of GM Financial
For the first time since 2022, Auto Remarketing and Cherokee Media Group are giving their Ron Smith Lifetime Achievement Award; an honor reserved especially for executives who have made one of the most significant impacts on the used-car industry. During ... Listen Here
Used Car Week Hall of Fame honoree Jared Kalfus of Black Book
We finish our series featuring the 2026 Used Car Week Hall of Fame honorees with a conversation featuring Black Book president Jared Kalfus. Kalfus describes what it takes to be successful in sales and why face-to-face conversations are still vitally ... Listen Here
Canadian wholesale values of car segments climb for first time in 4 months
Auto Remarketing Canada Staff
The slowdown in Canadian wholesale vehicle values last week wasn’t quite as steep as the week before, thanks largely to a course reversal among car segments. That’s according to the latest Market Insights report from Canadian Black Book, which showed ... [Read More]
Dilawri debuts new Audi Capilano facility in BC
Auto Remarketing Canada Staff
Canada’s largest dealer group has rolled out a revamped Audi store in British Columbia. Last week, Dilawri announced Audi Capilano has launched a new location in North Vancouver, debuting a 27,500-square-foot two-story facility designed to reflect Audi’s Progressive Showroom Concept. ... [Read More]
AutoCanada expands collision repair business in Alberta
Auto Remarketing Canada Staff
AutoCanada announced an acquisition last week that “enhances the efficiency” of its operations in Edmonton. The retailer said it has purchased Doug’s Place Southgate, a collision repair business in Alberta’s capital. AutoCanada acquired the Doug’s Place location in Strathcona in ... [Read More]
Lights, camera, auto: Canadian dealer group add Toyota of Hollywood to cast
Auto Remarketing Canada Staff
Go Auto has gone Hollywood. The Canada-based dealership group said Tuesday it has acquired Toyota of Hollywood in Los Angeles, which was the first Toyota dealership in North America upon its founding in 1957. Go Auto now has eight dealerships ... [Read More]
OpenRoad to open 16-acre, 7-dealership auto mall in Surrey
Auto Remarketing Canada Staff
OpenRoad Auto said Friday it is building a 16-acre auto mall in Surrey, B.C., with multiple dealerships on seven lots and roughly 166,000 square feet of commercial space and more than 1,000 vehicle parking stalls. The Surrey Auto Loop, which ... [Read More]
Wholesale vehicle price decline moderates, sales rate at auction struggles
Auto Remarketing Canada Staff
The decline in Canadian wholesale vehicle values last week slowed from the previous week but still remains above the pre-COVID average. And sales rates at auction were hamstrung by a few market values, coming in just above 18% for the ... [Read More]
Equifax Canada: Despite overall debt rise, consumers ‘holding off’ vehicle purchases
Auto Remarketing Canada Staff
As total Canadian consumer debt approached $2.7 trillion after the second quarter, Equifax Canada indicated on Monday consumers remain cautious about making vehicle purchases. However, Equifax Canada’s Q2 2026 Market Pulse Quarterly Consumer Credit Trends and Insights showed the automotive ... [Read More]
Decline in wholesale vehicle values grows in Canada
Auto Remarketing Canada Staff
The decline in Canadian wholesale vehicle values picked up speed last week, with the drop in both truck/SUV and car segment growing steeper. That’s according to the latest Market Insights report from Canadian Black Book, which pinpointed the overall market ... [Read More]
iA Dealer Services to provide protection solutions for VinFast Canada
Auto Remarketing Canada Staff
A positive jolt for iA Dealer Services came on Wednesday. The business unit of iA Financial Group announced a new partnership with VinFast Canada, marking the company’s first collaboration with a pure-play electric vehicle manufacturer and an important milestone in ... [Read More]
AutoCanada continues to divest in US, with agreement on remaining stores
Auto Remarketing Canada Staff
AutoCanada has made “meaningful progress” on divesting its U.S. dealerships and has entered a definitive agreement on its remaining nine dealerships south of the border (which comprise two individual storefronts). The retailer said in its latest earnings release that it, ... [Read More]
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