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
Contact At Once enhances platform with CARPROOF vehicle history reports
Auto Remarketing Canada Staff
In an effort to help enhance consumers’ shopping experiences, CARPROOF vehicle history reports have been integrated into Contact At Once’s conversational commerce automotive platform. The new integration gives agents the ability to share CARPROOF information and content with consumers from ... [Read More]
Record month for Mercedes among August CPO highlights
Joe Overby, Senior Editor
It was the best August ever for certified pre-owned car sales at Mercedes-Benz Canada. The automaker said it sold 1,320 CPO vehicles, up from 1,222 in August 2017. Year-to-date CPO sales for Mercedes are at 9,354 vehicles, compared to 9,249 ... [Read More]
AutoCanada to acquire one of Edmonton’s Mercedes-Benz dealerships
Auto Remarketing Canada Staff
Now that AutoCanada’s top leadership is finalized, the company is turning its attention back to expanding its dealership footprint. This week, AutoCanada announced that it will be acquiring Mercedes-Benz Heritage Valley, which is one of only two Mercedes-Benz dealerships in ... [Read More]
NextGear Capital Canada lends helping hand in school-supply drive
Auto Remarketing Canada Staff
NextGear Capital Canada and its parent company, Cox Automotive Canada, have been working with Boys and Girls Clubs of Peel for a school supply drive to help local folks in need. During the “Ready … Set … School!” drive, which ... [Read More]
Kijiji Canada brings back Shirjang to head Western sales team
Auto Remarketing Canada Staff
Kijiji Canada has brought aboard a new sales manager who is returning to the company to steer the growth of its autos vertical in Western Canada. The company has announced that Joe Shirjang, who brings well over a dozen years of ... [Read More]
Used retail prices stay on mild path as summertime intensifies
Auto Remarketing Canada Staff
While still higher year-over-year, the amount of money it took to get vehicles financed in July was nearly flat compared to the opening month of summer. According to Cox Automotive Canada’s Dealertrack Top 10 Funded Used Vehicles index, the average ... [Read More]
OpenRoad capitalizes on unique, niche brands
Sarah Rubenoff , Correspondent
Vancouver-based OpenRoad Auto Group — comprised of 23 stores and 19 brands — has had a busy past year. The dealer group expanded into the U.S. for the first time with the acquisition of a Bentley, Rolls Royce and Lamborghini ... [Read More]
OMVIC announces campaign to inform Canadians about all-in price advertising law
Auto Remarketing Canada Staff
Informing Ontario car-buyers about their right to all-in price advertising is the aim of a new province-wide consumer awareness campaign launched by the Ontario Motor Vehicle Industry Council (OMVIC) this week. The Ontario vehicle sales regulator said that despite current laws regarding ... [Read More]
3 more experienced leaders round out AutoCanada’s top executive team
Auto Remarketing Canada Staff
The transformation of AutoCanada’s leadership structure appears to have peaked. According to a news release distributed on Wednesday, AutoCanada named three more top executives for the company that operates dealerships in both Canada and the United States. The company said ... [Read More]
Equifax Canada and FICO extend partnership
Auto Remarketing Canada Staff
Two well-known names in the financial services arena in Canada will continue to collaborate. Equifax Canada recently announced that it has extended a long-standing partnership with FICO to distribute FICO scores to lenders and other businesses in Canada. Building on ... [Read More]
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