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
Copart launches website for Canadian members
Auto Remarketing Canada Staff
Copart Canada has launched a website tailored to its Canadian members. The site, copart.ca, continues to use Copart’s proprietary VB3 auction technology while further enhancing members’ experience with Canadian inventory and content. “It’s really exciting to launch copart.ca, a site specifically ... [Read More]
Thoma Bravo to acquire TRADER Corp. in $1.575B deal
Auto Remarketing Canada Staff
Private equity investment firm Thoma Bravo LLC announced it will acquire TRADER Corp., Canada’s leading digital automotive marketplace and software solutions provider, for $1.575 billion (CAD), from funds advised by Apax Partners. The transaction is expected to close by the fourth ... [Read More]
On Tap: Leading Dealer Groups of Canada
Auto Remarketing Canada Staff
The next issue of Auto Remarketing Canada will spotlight the Leading Dealer Groups of Canada. In this special edition, we will showcase some of the country’s oldest, biggest and most influential dealer groups, as well as the up-and-comers making waves ... [Read More]
How AMVIC aims to boost compliance
Auto Remarketing Canada Staff
The Alberta Motor Vehicle Council is tightening its consumer protection education requirements to improve compliance with the laws. As such, any automotive salesperson who has been out of the industry for more than three years must now successfully retake the ... [Read More]
Nissan Canada’s new director of dealer network development
Auto Remarketing Canada Staff
As part of a series of senior management appointments the automaker has made in its North American organization, Nissan Canada will have a new director of dealer network development effective July 1. Appointed to the position is Ken Hearn, currently ... [Read More]
CARPROOF digs deep into minds of used-vehicle buyers
Sara Schweiger, Staff Writer
Technology is changing the way used-vehicle buyers shop. As such, CARPROOF set out to take a fresh look at what carries consumers from "it's time to buy" to keys in hand. The results, detailed in the newly released Into the Minds ... [Read More]
Cox Cares rallies to support food banks
Auto Remarketing Canada Staff
Cox Automotive is expanding its Drive Away Hunger initiative in Canada. Under Cox Automotive Canada’s Cox Cares initiative, the company’s business units throughout Canada will team up with local food banks to raise money and food donations. In a program that started ... [Read More]
5 new features of Quantech’s Q-F&I Online
Auto Remarketing Canada Staff
Quantech — a privately held company and developer of dealer management tools — recently added enhanced menu features to Q-F&I Online. Quantech general manager Mike Martin said the completed modifications include the largest menu enhancement to Q-F&I Online since the ... [Read More]
New CarProof president brings ‘wealth of knowledge’
Auto Remarketing Canada Staff
Carfax on Friday announced that Mark Rousseau has joined the company as president of CarProof. Rousseau, who most recently was with LexisNexis, will oversee continued efforts to expand the scope of information reported to CarProof, to develop innovative products that ... [Read More]
Progress, record months push Canadian CPO
Joe Overby, Senior Editor
At least two brands notched best-ever certified pre-owned sales results in Canada last month, as the market continues to gain traction with several brands. Subaru reached an all-time high with 249 CPO sales in May, pushing its year-to-date total to ... [Read More]
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