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
Scotiabank predicts slight Canadian auto sales decline
Auto Remarketing Canada Staff
Following several years of record new-vehicle sales in Canada, purchases are likely to lower in 2017, according to the latest Scotiabank Global Auto Report. This year, Canada’s car volumes can be expected to be handicapped by recent price increases for new ... [Read More]
Mercedes-Benz Canada recognizes top dealerships
Auto Remarketing Canada Staff
On Tuesday, Mercedes-Benz Canada announced the recipients of its 2017 Star Dealer designation, the top ten performing dealers from its national dealer group. The title recognizes the Mercedes-Benz dealerships who have excelled in the areas of new and pre-owned sales, ... [Read More]
Endras Auto Group names COO, plans to open 4 new stores
Auto Remarketing Canada Staff
Endras Automotive Group announced a new chief operating officer this week. Joining the dealership group earlier this month as COO was Shawn Morris, whose background in the car business goes back more than 25 years. For most of the past ... [Read More]
Dilawri opens 9th Calgary dealership
Auto Remarketing Canada Staff
On Monday, Dilawri Group of Companies, announced the opening of Heritage Honda, expanding its franchised dealership count to 61. "We are thrilled to expand our relationship with Honda Canada Inc. with the opening of Heritage Honda," said Dilawri co-principal director ... [Read More]
Auto Remarketing Canada to launch Women & Automotive: Profiles in Leadership
Auto Remarketing Staff
As part of the Special Conference Edition coverage in our March/April issue, Auto Remarketing Canada is launching a new feature called Women & Automotive: Profiles in Leadership. In conjunction with the Women & Automotive: Canadian Leadership Forum, we will be ... [Read More]
Kijiji adds 2 more partners to boost dealer value
Auto Remarketing Canada Staff
Kijiji announced this week two new partnerships which will add even more value to its dealers and users. The new partners include a photo and video capture service as well as a dealer review add-on provider, resulting in greater transparency ... [Read More]
Canadian vehicle appraisal trends to cap 2016
Joe Overby, Senior Editor
In the final month of 2016, the most-appraised vehicle at Canadian dealerships was the Ford F-150, according to the latest TradeTracker report from Dealertrack. Second on the list was the Toyota Corolla, followed by the GMC Sierra 1500, Honda Civic ... [Read More]
Auto dealers rally behind ‘end distracted driving’ campaign
Auto Remarketing Canada Staff
LGM Financial Services announced Thursday that the Auto Dealers Against Distracted Driving Campaign — its 3rd annual corporate initiative — will launch on Mar. 1. The initiative aims to educate Canadian dealers' staffs and customers about positive driving habits and asks them to ... [Read More]
Latest dealer group store moves
Auto Remarketing Canada Staff
HGrégoire announced this week that it is “consolidating its Laval assets in the new-car industry” and building two new Nissan superstores. The company has invested $10 million in each store, both of which are scheduled to open in February. ... [Read More]
AMVIC names interim CEO
Auto Remarketing Canada Staff
The Alberta Motor Vehicle Industry Council named an interim chief executive officer on Thursday, appointing Doug Lagore to the role. His 30-plus-year leadership background includes working as a consultant with various municipalities, and one of his specializations is governance models. ... [Read More]
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