Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
Calgary-based Foundation Automotive Corp. kicks off US expansion by purchasing 5 stores in Texas, North Dakota
Auto Remarketing Canada Staff
Calgary-based Foundation Automotive Corp. has broadened its presence and entered the U.S. market, buying five stores throughout Texas and North Dakota. In what the company calls “just the beginning” of its growth plans this year, Foundation has purchased: — Henson ... [Read More]
CBB: Used-car price strength at historic high
Auto Remarketing Canada Staff
As Canadian Black Book put it, used-vehicle values in Canada “have never been stronger” than they were in May. The Canadian Black Book Used Vehicle Retention Index was at 105.8 last month, the highest reading in the near 15-year history ... [Read More]
DRIVING INSIGHTS: Why did that customer turn down your trade-in offer?
Drew Harden, CARFAX Canada
If you want to win more trades, you need to know exactly what makes a buyer reject or accept a deal. Today’s used-car buyers are hard to impress: 45% of them that go through the trade-in process will turn down one ... [Read More]
Vincentric awards show importance of ownership costs in vehicle purchase
Auto Remarketing Canada staff
Vincentric describes the 2019 Toyota Avalon as having the best fuel economy, lowest insurance cost, and lowest depreciation in its class. That helped the Avalon win the Vincentric Best Value in Canada award in the large sedan segment. Toyota Canada ... [Read More]
Used-vehicle retail prices up more than 4% in May
Auto Remarketing Canada Staff
Retail used-car prices last month climbed more than 4% from last May, with Asian brand vehicles showing a particularly strong uplift. That’s according to the inaugural Retail Price Index from autoTRADER.ca, which was released earlier this week. Specifically, the national ... [Read More]
Impact Auto Auction adds features to AuctionNow platform
Auto Remarketing Canada staff
New bidding features, including buyers’ ability to use a new “jump bid” option to bid with a single click, are among Impact Auto Auctions’ latest enhancements to its Impact AuctionNow online vehicle auction platform. Impact Auto Auctions, which is a ... [Read More]
New revenue growth opportunities on horizon for pre-owned dealers
Sarah Rubneoff, Correspondent
In the current market, revenue opportunities are likely a bit smaller for independent used-car dealers than their franchised counterparts. That said, that may be changing, or perhaps equalizing a bit in the near future. At HGreg.com (as Canadian dealer group ... [Read More]
Super Dave’s Auto Sales looking to ‘stay ahead of the curve’ for independent dealers
Sarah Rubenoff , Correspondent
Dave Barrow, owner and president of independent auto dealership Super Dave’s Auto Sales in Dartmouth, Nova Scotia, entered the car business in 2010 with no prior “car experience.” But that didn’t stop Barrow, previously in real estate, from launching into ... [Read More]
New tool from TRADER Corp and vAuto allows customizable vehicle descriptions
Auto Remarketing Canada staff
Digital marketing company TRADER Corp. and inventory management software company vAuto say that with their new AutoWriter automated description writing tool, retailers can create vehicle descriptions in less than one minute. The companies say the tool simplifies auto retailers’ merchandising ... [Read More]
Collins joins board of Inovatec Systems
Auto Remarketing Canada Staff
Michael Collins became an industry leader as the co-founder and chief operating officer of Curomax Corp., as well as a corporate executive with Dealertrack. While Collins is no longer in the corporate world with either of those companies, he still ... [Read More]
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