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
Porsche Cars opens 18th Porsche Centre in Canada
Auto Remarketing Canada Staff
Porsche Cars Canada recently announced the opening of Porsche Centre Kelowna, the company’s 18th Porsche Centre in Canada and fourth in British Columbia. Porsche Centre Kelowna has over 22,000 square feet of floor space and features a nine-vehicle showroom, a customer ... [Read More]
HGregoire adds 2 Nissan dealerships
Auto Remarketing Canada Staff
HGregoire officially opened two new Nissan dealerships in Quebec this week, raising its new-car dealer count to seven. The group also owns 12 stores that specialize in pre-owned Nissans. The new Nissan stores added to its lineup are HGregoire Nissan ... [Read More]
Used-car sales down for AutoCanada as revenue, profits rise
Joe Overby, Senior Editor
The used-car operations of AutoCanada showed softness in the second quarter, but the dealer group showed some overall lifts in its quarter results, including gains in total revenue and gross profits. AutoCanada said in its latest earnings release that it ... [Read More]
TransUnion’s Q2 report notes rise in outstanding balances
Auto Remarketing Canada Staff
Canadian consumers continue to take on more debt to take delivery of the vehicle they want. According to TransUnion’s Canada Industry Insights Report released this week, the average outstanding balance on a contract rose during the second quarter by 2.57 ... [Read More]
Helby joins TSI Auto Solutions as director of dealer solutions
Auto Remarketing Canada Staff
TSI Auto Solutions recently announced the company has named a new director to lead its Dealer Solutions division. Chosen for the position is Geoff Helby, who most recently led the Canadian arm of ALG. As director of Dealer Solutions, Helby will ... [Read More]
GM to voluntarily delist stock from Toronto exchange
Auto Remarketing Canada Staff
General Motors said Wednesday its application for voluntary delisting of its common stock from the Toronto Stock Exchange in Canada has been approved. Company shares will stop trading on the TSX at close of markets on Nov. 30. The delisting ... [Read More]
TradeRev, ADESA partner in Canada to promote app at 14 locations
Auto Remarketing Canada Staff
TradeRev has announced it will now have a physical presence in 14 ADESA auction locations after partnering with ADESA Canada to encourage dealers to use TradeRev’s mobile app before sending cars to a brick-and-mortar auction. Hands-on assistance from ADESA sales ... [Read More]
Steele Auto’s reputation, inventory programs boost Fairway Honda
Sarah Rubenoff , Correspondent
Corey Stone, general manager of Fairway Honda — a Steele Auto Group store — says being part of a well-known dealer group has been very beneficial for the store. The dealership, which has been in business over 25 years, has ... [Read More]
July’s 10 most-funded used-car models
Joe Overby, Senior Editor
In its latest monthly report on Top Funded Used Vehicles, Dealertrack Canada spotlighted the 2016 Dodge Grand Caravan. For July, the minivan was third on the list, which is based on data from the Dealertrack online credit application network, and ... [Read More]
Strong CPO sales roll on in Canada
Joe Overby, Senior Editor
When Joel Gregory, the national sales manager for CPO and remarketing at Hyundai Auto Canada, shared his brand's certified pre-owned sales results for July, he said via email: "The momentum continues." Indeed, it does. Not just for Hyundai, where CPO sales ... [Read More]
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