Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
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
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]
Bodack takes reins at Mercedes-Benz Durham
Auto Remarketing Canada Staff
Mercedes-Benz Canada and the Zanchin Automotive Group announced that Neal Bodack has been hired as general manager and partner of the Mercedes-Benz Durham dealership, which was acquired by Zanchin in late 2015. Bodack will also become a key member of ... [Read More]
Early look at Canadian CPO sales
Joe Overby, Senior Editor
How are certified pre-owned sales faring in Canada this year? So far, so good, it seems. Below is a rundown of a few brands that have shared their latest CPO sales results. BMW Canada sold 1,674 pre-owned units in August, compared ... [Read More]
Serpa acquires Agincourt/401 Chrysler store
Auto Remarketing Canada Staff
The Serpa Automotive Group has acquired Toronto’s Agincourt/401 Kennedy Chrysler Dodge Jeep RAM. Since 2012, Serpa has operated Serpa BMW in Newmarket and from 1995 to 2015 owned Richmond Hill’s Avante Mazda. The new dealership will be known as Serpa ... [Read More]
Axis Auto Finance names CFO
Auto Remarketing Canada Staff
Axis Auto Finance, a non-prime finance company servicing the Canadian used-vehicle market, announced Wednesday that Richard Lloyd has been appointed as the company’s chief financial officer. The company highlighted Lloyd’s appointment follows an extensive, months-long selection process with the assistance ... [Read More]
OMVIC’s latest effort to explain all-in price advertising
Auto Remarketing Canada Staff
Some consumers are being overcharged when they buy a vehicle, according to the Ontario Motor Vehicle Industry Council. “Since 2010, all-in price advertising has been the law in this province,” explained Terry O’Keefe, director of communications and education for OMVIC. ... [Read More]
F-150 continues to be most-appraised vehicle in Canada
Auto Remarketing Canada Staff
According to the Dealertrack's monthly Tradetracker Used Vehicle Market Report, The Ford F-150 and the Toyota Corolla remained the top two most-appraised vehicles in Canada in August, as has been the case year-to-date. Rounding out the top five in August were ... [Read More]
Impact Auto Auctions website has updated look, new features
Auto Remarketing Canada Staff
Impact Auto Auctions has launched a revamped website featuring a new interface, an advanced search function and a streamlined registration process as well as two tools that are designed to make the bidding process easier for customers seeking salvage vehicles. ... [Read More]
Dealership news roundup: REIT to buy Pfaff Audi property
Auto Remarketing Staff
The Automotive Properties Real Estate Investment Trust has agreed to a deal with a third-party vendor to buy the Pfaff Audi dealership property in Vaughan, Ontario. The purchase price of the property is $17.2 million, REIT said in a news ... [Read More]
X