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
Kijiji appoints 3 Remarketing’s Under 40 honorees to leadership posts
Auto Remarketing Canada Staff
Kijiji Canada announced Monday that it has grown its leadership team with three leadership position appointments of three folks who have been named in Auto Remarketing Canada's Remarketing's Under 40 — two from this year and one from 2015. The company announced Monday that it has ... [Read More]
Canadian Black Book data now fuels Momentuum’s FileAssure
Auto Remarketing Canada Staff
On Wednesday, Momentuum BPO highlighted that the company strengthened its FileAssure solution through a partnership with Canadian Black Book. Officials explained that trustees using FileAssure across Canada will gain access to client vehicle values via Canadian Black Book’s data set. ... [Read More]
AutoCanada modifies top management, adding former AutoNation, IHS Markit execs
Auto Remarketing Canada Staff
AutoCanada — with deep roots in eight provinces — is continuing to bolster its ties with the United States after having acquired dealerships in Chicago as well as other two other markets in Illinois this spring. According to a news ... [Read More]
Canada Drives sees its financing applications grow 20%
Auto Remarketing Canada Staff
Canada Drives is enjoying year-over-year growth of 20 percent for its online auto financing application solution. The company recently highlighted more than 502,000 Canadians applied for an auto loan during the past 12 months. That figure marked a rise from ... [Read More]
US company acquires CUL Administration of Canada
Auto Remarketing Canada Staff
Auto Financial Group (AFG) — a Houston-based company that provides an online, residual-based, walk-away vehicle financing product called AFG Balloon Lending, as well as vehicle leasing and vehicle remarketing to financial institutions across the United States — now has a ... [Read More]
PODCAST: Canada Drives CEO Cody Green
Auto Remarketing Canada Staff
Canada Drives chief executive officer Cody Green joined Nick Zulovich for this episode of the Auto Remarketing Podcast. Green shared how the company has grown in Canada and how that experience will help the operation as it expands into the United ... [Read More]
Pinch me: Barenaked Ladies to headline Canada Night
Auto Remarketing Canada Staff
Event organizers called, and Barenaked Ladies answered. It was announced this week that these 2018 Canadian Hall of Fame inductees and rockers extraordinaire will be performing at the “Canada Night NAD’eh” event at NADA Show 2019 in January. “We are so ... [Read More]
TRADER announces revamped ‘Canadian-centric’ dealer website solution will launch next year
Auto Remarketing Canada Staff
TRADER's strategic investment in Vancouver-based Convertus earlier this year has allowed the company to begin working on a new TAdvantage digital solution for Canadian dealers that will launch nationwide in February. The company announced Wednesday that as part of its comprehensive ... [Read More]
VW’s sales record & industry-wide CPO updates
Joe Overby, Senior Editor
In looking at Canadian certified pre-owned sales reports provided to Auto Remarketing Canada, the highlight of July was perhaps Volkswagen, which posted its best month for CPO sales in history. VW moved 2,137 certified vehicles in July, compared to 1,683 units ... [Read More]
Mercedes-Benz Canada announces new VP of sales will come from MBUSA
Auto Remarketing Canada Staff
Mercedes-Benz Canada announced Wednesday that Mercedes-Benz USA’s Andrew Noye will come aboard as the company’s new vice president of sales, effective Oct. 1. In addition to overseeing corporate sales and remarketing, Noye will also head the company's new car and ... [Read More]
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