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This Month's Focus

Turbocharged Finance
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Arvest Bank sees early successes with FICO Auto Score 10
Arvest Bank — a regional, full-service lender with more than 200 locations throughout Arkansas, Oklahoma, Kansas and Missouri — recently upgraded to FICO Auto Score 10 in a move to give the institution a more precise view of borrower risk ... Read More
dealership employee COMMENTARY: The secret to accelerating funding in indirect auto lending
In the early 2000s, I sat at a dealership finance desk with a calculator, a stack of pay stubs, and a phone that wouldn’t stop ringing. I gathered stips by hand, calculated income line by line, and verified insurance, hoping ... Read More
Mercedes-Benz USA approves NETSOL as a digital retail provider for its dealerships
NETSOL Technologies recently highlighted Mercedes-Benz USA has approved NETSOL as a digital retail provider for Mercedes-Benz dealerships. This move opens the brand’s dealer network to Transcend Retail, NETSOL’s digital retail platform. The platform gives buyers a single, continuous purchase experience, ... Read More
SPONSORED EPISODE: Prospects for more auto refinancing with Gravity Lending
In this special sponsored episode of the Auto Remarketing Podcast brought to you by Allied Solutions, we turn our attention to auto refinancing. Brad Paxman oversees 90 lender relationships for Gravity Lending, which is an auto refinance and fintech company ... Listen Here
Used Car Week Hall of Fame: Bob McConkey of McConkey Auction Group
Next up on our series featuring the 2026 Used Car Week Hall of Fame honorees is a conversation with Bob McConkey, president and CEO of the McConkey Auction Group. McConkey, along with MAG chief operating officer David Pendergraft and DAA ... Listen Here
SPONSORED EPISODE: What independent dealers need to be successful with Chris Vangellow of Frazer
In this special sponsored episode of the Auto Remarketing Podcast, Chris Vangellow, who is the Director of Product Management at Frazer, described what’s changed most about running an independent dealership over the past few years, especially from a technology perspective. ... Listen Here

Accu-Trade comes to Canada

Appraise
Auto Remarketing Canada Staff
R. Hollenshead Auto Sales announced it has launched vehicle valuation tool Accu-Trade in Canada, giving dealers a mobile platform to capture leads, increase customer trade-ins and generate appraisals. “Now, dealers have access to the same tool I use to buy ... [Read More]

Companies pledge support to wildfire-ravaged community

Wildfire
Sara Schweiger, Staff Writer
When DealerSocket’s Sam Rizek heard about the devastating wildfire in Fort McMurray, Alberta, early last month, he knew his company had to do something. So the director of sales and business development in Canada helped hatch a plan to donate ... [Read More]

Q1 average auto debt climbs 2.12%

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Auto Remarketing Canada Staff
While also pinpointing where delinquencies are climbing the fastest, TransUnion’s latest Canada Industry Insights Report found that the average Canadian’s auto loan debt climbed by 2.12 percent year-over-year during the first quarter. The Q1 figure came in at $19,538, up ... [Read More]

Canadian auctions to adopt NAAA standards program

gavel%203_21
Auto Remarketing Canada Staff
Canadian auto auctions are officially adopting the National Auto Auction Association’s uniform system of used-vehicle quality standards next month, NAAA said in a news release late Tuesday afternoon. Beginning June 1, Canadian auctions will implement NAAA’s National Certification Standards, meaning ... [Read More]

ADESA launches 14th Canadian auction

auction gavel
Auto Remarketing Canada Staff
ADESA has announced the launch of ADESA Windsor, its 14th full-service auction location in Canada. Formerly ADESA Kitchener’s satellite location in Tilbury, the newly renovated ADESA Windsor facility will serve southwestern Ontario and U.S. dealers, brokers, manufacturers and others. The facility ... [Read More]

Used-car values fall in 4 of 6 segments

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Joe Overby, Senior Editor
Wholesale prices in Canada in April were down an average of 0.6 percent from March, according to a report accompanying the latest ADESA Canada Used Vehicle Price Index, powered by ALG. Four of the six segments tracked in the report ... [Read More]

First Access Funding reaches tech partnership to grow non-prime business

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Auto Remarketing Canada Staff
First Access Funding Corp., a privately held non-prime automotive finance company based in Edmonton, Alberta, recently partnered with defi SOLUTIONS and Integrated Fintech in an effort as a top executive described “to take their lending program to the next level” ... [Read More]

Top appraisal, trade-in trends at Ford stores

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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

gavel 6
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

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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]

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