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
Conquest programs popular with OEMs as luxury brand competition heats up
Sarah Rubenoff , Correspondent
Aly Jiwani, general manager of The BMW Store, Rolls-Royce Motor Cars Vancouver and Mini Yaletown at OpenRoad Auto Group, is used to a large volume of sales. In fact, The BMW Store sells at least 2,500 cars a year, Jiwani ... [Read More]
OpenRoad Auto Group heads toward online buying in response to customer interest
Sarah Rubenoff , Correspondent
These days, customer service is all about giving your clients what they want. Think about Amazon Wardrobe, for example. Now, Amazon Prime subscribers can get clothes delivered to their doorstep for free — and send them back for free if they ... [Read More]
KAR shifts 1 of ADESA Canada’s top execs to new role
Auto Remarketing Canada Staff
As part of the roll out of KAR Auction Services’ new operating segment — KAR Remarketing Services — one of the top executives from ADESA Canada has a new position. As part of this organizational alignment, on Thursday Lisa Scott ... [Read More]
‘Fly to Buy’ not too lofty for some used-car deals
Auto Remarketing Canada Staff
Earlier this summer, CarGurus released a study in the U.S. showing that for some used-car shoppers, it actually makes more financial sense for them to take a flight to a city where car prices are considerably less expensive. As it ... [Read More]
Groupe Park Avenue acquires 2nd Mercedes-Benz franchise
Auto Remarketing Canada Staff
Mercedes-Benz Canada recently announced that Groupe Park Avenue automobile consortium acquired Mercedes-Benz de Quebec, the dealer group’s second Mercedes-Benz franchise purchase. Groupe Park Avenue acquired its Silver Star Montreal dealership just last year. The group purchased Mercedes-Benz de Quebec from Chatel Automobiles ... [Read More]
Technology brings blessings, challenges to dealers
Joe Overby, Senior Editor
Like many Canadian auto dealers, a hurdle that Mississauga Toyota has faced in the used-car market has been finding the right supply of pre-owned vehicles and at the right price to keep healthy margins. But another used-car dynamic shared by ... [Read More]
Hanover Honda president talks family business, used cars & customer service
Joe Overby, Senior Editor
It’s a family matter at Hanover Honda in Ontario. Store president Larry Lantz runs the store alongside sons Rob (general manager) and Dave (sales manager). And the advantage to having family around? “Well, they’re very knowledgeable, but they work for ... [Read More]
Porsche Cars Canada moves headquarters
Auto Remarketing Staff
Porsche Cars Canada recently moved its corporate headquarters to a new facility in Toronto that will also house the company’s first training center for personnel nationwide. The company's former head office had been in Mississauga since 2009. “Our new Canadian headquarters ... [Read More]
Lexus Downtown uses indoor CPO showroom & service to ‘wow’ pre-owned customers
Sarah Rubenoff , Correspondent
Treat your used and certified pre-owned vehicle customers the same way you treat your new-car customers. This seems to be a recurring theme at dealerships that sell certified vehicles. And the case is much the same at Toronto’s Lexus Downtown. ... [Read More]
Murphy: With interest rate rise, used-car prices to fall
Joe Overby, Senior Editor
Wind down the economic waterfall, and the impact of a higher Canadian interest rate to the used-car market is clear. Canadian used-car prices will be heading downward, but the vehicles themselves will no longer be making that move. An increased ... [Read More]
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