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
Canadian Auction Express moves to expanded Moncton site
Auto Remarketing Canada Staff
Two years after opening its second location in Moncton, Canadian Auction Express traded it for a larger site nearby. The new location, at 72 Urquhart Ave., has three lanes featuring state-of-the-art simulcast equipment and top-notch auction software, an 8,000-square-foot building and ... [Read More]
Mobile Cashier aims to curb ‘5 p.m. rush’ in service departments
Auto Remarketing Canada Staff
Service shop customers have an option to pay for repairs before picking up their car thanks to a newly launched service from VenueVision Media Systems. Mobile Cashier is an express e-payment solution for parts and service departments that sends dealer-branded ... [Read More]
F-150 remains most-appraised vehicle in Canada
Auto Remarketing Canada Staff
The Ford F-150 is continuing its reign as the most-appraised vehicle in Canada. According to the latest Dealertrack Tradetracker Used Vehicle Market Report, the top five vehicles appraised in Canada last month were the F-150, Toyota Corolla, Honda Civic sedan, Ford Escape ... [Read More]
Auctions: We want your photos!
Auto Remarketing Staff
Attention, auto auctions: Auto Remarketing Canada is putting together an “Auction Life” photo spread for our next print issue. If your auction or auction group would like to participate, submit photos via email to senior editor Joe Overby at [email protected] no later than close ... [Read More]
VIP Dealer Portal 2.0 paves way for instant loan financing pre-approvals
Auto Remarketing Canada Staff
TREND Financial has released an updated version of its VIP Dealer Portal, giving dealers the ability to receive immediate loan financing pre-approvals. Customers can then apply their instant credit pre-approval toward inventory at TREND VIP Dealers. The decision to release ... [Read More]
Retail veterans switch management roles at OpenRoad
Auto Remarketing Canada Staff
OpenRoad Auto Group — the largest dealership group in British Columbia —announced in mid-October that in support of continued growth within the company’s 18 dealerships, two of its general managers will trade responsibilities. Dimitri Kotsalis is the new general manager ... [Read More]
Canadian used-car prices increase in September
Auto Remarketing Canada Staff
Used-car prices are on the rise in Canada. According to its latest Market Update report, RVI Group’s Used Vehicle Price Index was up 3.2 percent in September versus a year ago, and 3.3 percent from August. Adjusting for inflation, the ... [Read More]
Dealertrack Canada builds portal for Kia dealers
Auto Remarketing Canada Staff
Dealertrack Canada said Monday it launched a Kia-branded Centric Finance Portal for the automaker’s Canadian dealer body. The portal is designed to “seamlessly integrate with the OEM’s systems providing real-time data updates, new vehicle inventory, incentives, aftermarket products and accessories, ... [Read More]
Zoom launches online car-buying site
Auto Remarketing Canada Staff
A new website launched Wednesday in Canada allows consumers to buy used vehicles entirely online. Through Zoom.ca, shoppers can customize financing, put down a deposit, purchase protection and insurance, and sign necessary documents. The site provides 360-degree views of vehicles ... [Read More]
Canada sees rebound in new-car sales
Sara Schweiger, Staff Writer
Scotiabank’s latest Global Auto Report shows a bounce-back in Canadian new-vehicle sales in September, with several automakers reporting records for the month. Overall volumes fell short of last year’s peak due to a double-digit slide at Chrysler, however. Scotiabank estimates that new-vehicle ... [Read More]
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