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
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
F&I veteran Ashby joins Auto Shield as senior VP of operations
Auto Remarketing Canada Staff
Auto Shield has added longtime industry executive Scott Ashby as its new senior vice president of operations. The F&I provider for Canadian dealerships said Ashby will oversee “operational excellence, dealer relations and the continued evolution of ASC’s client concierge and ... [Read More]
Carfluent launches French translation capability for dealership websites
Auto Remarketing Canada Staff
Carfluent is ready to say bonjour to French-speaking car shoppers. The provider of artificial intelligence-powered Spanish-translated dealership websites has added French to its répertoire, announcing the expansion of its website translation capabilities to include French. In a news release, Carfluent ... [Read More]
Fitch shares consumer & economic expectations for 2026
Auto Remarketing Canada Staff
Last week, Fitch Ratings shared its outlook for what the Canadian economy might be like in 2026. While analysts didn’t use many positive adjectives in their forecast, they didn’t say a recession was coming. Fitch Ratings expects Canada’s consumer outlook ... [Read More]
Report: End of federal rebate a ‘turning point’ to mature Canadian EV market
Auto Remarketing Canada Staff
Canada’s zero-emission vehicle rebate is gone. So now what? According to Canadian Black Book’s latest report, The Future of Electric Vehicles in Canada: Market Dynamics After the iZEV Rebate, the market for electric vehicles has taken a step back — ... [Read More]
Plummeting sale rates at Canadian auctions point to ‘tough 6 months ahead’
Andrew Friedlander, Associate Editor
At Canadian auto auctions, October ended with a thud. A sale at an auction was very much an exception last month, according to Canadian Black Book’s weekly Market Insights reports, as the average monitored auction sale rate plummeted below 30% ... [Read More]
OpenRoad’s new road leads to Ontario with acquisition of NewRoads dealerships
Auto Remarketing Canada Staff
OpenRoad Auto has turned on to a new road — one that leads to Ontario. The Richmond, B.C.-based dealership group announced it has acquired a majority share in NewRoads Automotive Group in what OpenRoad called a “strategic merger,” significantly expanding ... [Read More]
AutoTrader report: Canadian used-car market steadies, but uncertainty ahead
Auto Remarketing Canada Staff
Three quarters through a year of uncertainty, the Canadian used-vehicle market has finally reached … well, OK, there’s still uncertainty. But according to the latest analysis from AutoTrader, the market is steadier than it’s been since the beginning of 2025. ... [Read More]
Sale rates remain low at Canadian wholesale auctions
Auto Remarketing Canada Staff
A week after Canadian auctions posted their lowest conversion rate of the year, sales improved — but not by much. Canadian Black Book’s weekly Market Insights report for the week ending Oct. 25 showed an average monitored auction sale rate ... [Read More]
As Antony moves out, CFO Cochrane moves in as AutoCanada’s interim CEO
Auto Remarketing Canada Staff
Having taken his final bow two months ago, Paul Antony has bowed out. The now-former AutoCanada executive chairman has stepped down from that role as chief financial officer Sam Cochrane takes the reins as interim CEO. Cochrane joined AutoCanada as ... [Read More]
Proposed law targets auto theft with stricter bail, tougher sentencing rules
Auto Remarketing Canada Staff
With auto theft representing an ongoing concern throughout Canada, the federal government aims to do something about it. Its latest step in that direction is the Bail and Sentencing Reform Act, legislation introduced in Parliament that would strengthen bail and ... [Read More]
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