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
Top appraisal, trade-in trends at Ford stores
Joe Overby, Senior Editor
In April, the Ford F-150 was again the most appraised vehicle in Canada and it continues to hold the No. 1 spot year-to-date, according to the latest Dealertrack Tradetracker report. It also continues to be the domestic vehicle most often ... [Read More]
ADESA Canada announces 3 management promotions
Auto Remarketing Canada Staff
ADESA has announced changes to three of its Canadian auction management teams. Scott Rennie has been promoted to general manager at ADESA Ottawa; he previously was assistant GM at ADESA Toronto. Richard Kennedy, former general manager of ADESA Halifax, is now assistant ... [Read More]
Manheim opens Quebec City auction
Auto Remarketing Staff
Manheim has expanded to Quebec City, making it the company's second auction in province of Quebec and its sixth in Canada. “By expanding our inventory service offerings in Quebec City, we will be able to better support our clients, adding value ... [Read More]
Cox Automotive Canada supports wildfire victims
Auto Remarketing Staff
Cox Automotive Canada and its Manheim Edmonton, vAuto, VinSolutions, Xtime, DealerTrack and NextGear Capital business units have pledged their support to the wildfire-ravaged community of Fort McMurray, Alberta, in the form of a $30,000 donation to the Canadian Red Cross. ... [Read More]
Highlights of Canada’s CPO Market
Joe Overby, Senior Editor
In April, Subaru Canada more than doubled its certified pre-owned sales total from a year ago, continuing what have been rapidly improving sales in 2016. Through four months, it has sold 613 CPO vehicles, compared to 241 in the same ... [Read More]
NextGear Capital appoints VP of Canada operations
Auto Remarketing Canada Staff
NextGear Capital, a Cox Automotive brand, has appointed Joe Carusella to be national vice president of its Canada operations. Carusella brings more than 21 years of auto industry experience in the areas of operations, sales and finance. “We are excited ... [Read More]
NAAA Auction Standards Training coming to Toronto
Auto Remarketing Canada Staff
The National Auto Auction Association will be taking its Auction Standards Training northward. NAAA is hosting this two-day training at Manheim Toronto on May 10 and May 11. The first day will delve into damage analysis, touching on everything from ... [Read More]
Consumer Trust Certified honors Canadian stores with top reviews
Auto Remarketing Canada Staff
Earlier this week, autoTRADER.ca and Mobials announced the launched of a program that rewards dealers who consistently receive positive reviews from consumers. Dealers participating in this Consumer Trust Certified Program receive badges to display on their lots and online. The ... [Read More]
The Executive Issue: Nominations due Friday
Auto Remarketing Canada Staff
Executives in the Canadian used-car and remarketing space juggle a host of responsibilities. They develop sensible strategies and lead teams to execute those plans, all the while remaining competitive and ready to adapt to the changing automotive environment. In an ... [Read More]
Details of Hyundai Capital Canada’s deal with ChannelNet
Auto Remarketing Canada Staff
U.S.-based digital finance solutions provider ChannelNet has inked a deal with Hyundai Capital Canada to create customer lifecycle management programs and dealer portals in Canada for its Hyundai Motor Finance and Kia Motors Finance properties. “Digital customer experience is the ... [Read More]
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