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
Impact Auto Auctions showcases new Edmonton facility
Auto Remarketing Canada Staff
Officially opening what company officials called the largest of its kind in Canada, Impact Auto Auctions on Monday welcomed more than 250 auto industry professionals and local dignitaries at the grand opening of its new Edmonton auto salvage auction facility. ... [Read More]
Automall Network’s free service aims to prevent buyer’s remorse
Auto Remarketing Canada Staff
A free service from Automall Network is designed to let auto shoppers know whether they should take that deal or think twice. “Buying a new car is one of those love/hate tasks — fun to test drive, but not so much ... [Read More]
RVI says used prices up in Canada, but it won’t last
Sara Schweiger, Staff Writer
Used-car prices were up year-over-year in August, but it’s not expected to continue. And while RVI Group predicts that used prices will be up 0.2 percent in 2017 relative to current levels, a meaningful drop in prices is expected to ... [Read More]
ARI announces Canadian & U.S. sales hires
Auto Remarketing Canada Staff
ARI, a global fleet services provider specializing in complex car and truck fleets, announced several sales-related appointments. Stephen Perkins will serve as vice president, sales and assistant general manager for ARI Canada. In the U.S., Craig Pierce joins ARI as director ... [Read More]
Ward retires as head of Canadian Black Book
Auto Remarketing Canada Staff
Kathy Ward, president and chief executive officer at Canadian Black Book, is retiring after 36 years with the company. The announcement came from president Brad Rome during the 19th annual Canadian Black Book Charity Golf Tournament. Ward, who as a ... [Read More]
Registration under way for 2016 BC Auto Industry Conference
Auto Remarketing Canada Staff
The 2016 BC Auto Industry Conference is set for Oct. 13-14 at the Sun Peaks Grand Hotel & Conference Centre in Sun Peaks, British Columbia. The conference, presented by the New Car Dealers Association of BC in partnership with Auto ... [Read More]
Nearly 1M Canadians may struggle when interest rates rise
Auto Remarketing Canada Staff
A new study by TransUnion found that the large majority of Canadians would not be materially impacted in the near term by an interest rate increase. However, more than 700,000 consumers could struggle with their finances — which might include ... [Read More]
Porsche Financial Services Canada picks president & CEO
Auto Remarketing Canada Staff
Porsche Financial Services Canada (PFSC) appointed David Williams as president and chief executive officer on Friday in a move the company sees as strengthening the local representation of Porsche’s captive financial organization in the Canadian market. Williams, a native of ... [Read More]
Canadian used-car price trends for August
Joe Overby, Senior Editor
Canadian wholesale vehicle prices in August were down an average of 0.3 percent from July, according to the report accompanying the latest ADESA Canada Used Vehicle Price Index. The report — powered by ALG — indicates that the ADESA index ... [Read More]
TradeRev to host training for new Google coding language
Auto Remarketing Canada Staff
TradeRev announced it is hosting a three-day session in October to teach GoLang, one of Google’s newest coding languages. Canada, and in particular Toronto, is recognized around the world as a hub for start-ups; most of its tech companies are ... [Read More]
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