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
Convertus partners with TRADER Corp.
Auto Remarketing Canada Staff
One of the many expert speakers who shared valuable information to dealers and other attendees during this year’s Auto Remarketing Canada Conference made a major announcement on Wednesday. According to a letter posted on the company’s website, Convertus co-founder and ... [Read More]
TradeRev hosting charity sale to benefit Humboldt Broncos hockey team
Auto Remarketing Canada Staff
A wide array of KAR Auction Services companies and employees are finding ways to show support for individuals and families impacted by the April 6 crash in Saskatchewan involving the Humboldt Broncos junior hockey team. On Wednesday, TradeRev is hosting ... [Read More]
Mobials pilots accident-disclosure tool
Auto Remarketing Staff
Mobials is launching a digital accident-disclosure tool that it says does not require running a vehicle history report. And it’s looking for dealers to test-pilot this product, which it’s calling AutoVerify. It has opened registration for the pilot through April ... [Read More]
New tool lets dealers leverage the CARPROOF brand to deliver instant trade-in values
Auto Remarketing Canada Staff
Canadian dealers can now leverage the CARPROOF brand in a fresh way via a new trade-in value lead generation tool that is designed to integrate seamlessly into dealership websites. CARPROOF announced Wednesday the launch of True Trade, a widget built ... [Read More]
FICO uncovers 7 trends about Canadians and auto financing
Auto Remarketing Canada Staff
The latest research endeavor by Silicon Valley analytic software firm FICO showed a vast majority of Canadian consumers is much more likely to have confirmation the vehicle they found online has four-wheel drive before they have the financing available to ... [Read More]
COMMENTARY: How car dealerships can dominate the subprime market
Sonny Dhanoya, Canada Drives
According to Statistics Canada, the average Canadian household spends an average of $11,000 annually on private transportation. Vehicles are typically the second most expensive asset owned, after a home, and buying a vehicle is a significant event in a person’s ... [Read More]
New Cox Automotive Canada, Otolane partnership lets clients co-list vehicles on Manheim.ca
Auto Remarketing Canada Staff
Cox Automotive Canada announced Monday that a new partnership with Otolane allows dealers throughout Ontario and Quebec to co-list pre-owned vehicles with both Manheim.ca and the Otolane digital marketplace. Montreal-based Otolane facilitates the selling process via a platform that provides ... [Read More]
Axis Auto Finance finalizes acquisition of Trend Financial
Auto Remarketing Canada Staff
To borrow a phrase from vehicle delivery vernacular, the acquisition of Trend Financial by Axis Auto Finance “rolled over the curb” this week. According to a news release, Axis said its acquisition of all of the issued and outstanding securities ... [Read More]
IARA names Eric Janca as new Canada Committee co-chair
Auto Remarketing Canada Staff
The International Automotive Remarketers Alliance announced this week a new Canada Committee co-chair. Chosen for the IARA Canada position is Eric Janca, lease maturity and remarketing manager at SCI Lease Corp. Janca was also a speaker at the Auto Remarketing ... [Read More]
AutoCanada enters US with Grossinger Auto Group purchase
Auto Remarketing Canada Staff
AutoCanada is expanding south of the border with its recent purchase of the Illinois-based Grossinger Auto Group. With the acquisition, AutoCanada adds eight dealerships to its lineup in metro Chicago, plus another six luxury brand dealership in an auto mall ... [Read More]
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