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
IHS talks future plans for CarProof
Sarah Rubenoff, Auto Remarketing Canada Editor
IHS reported its fourth quarter and full-year 2015 financial results on Tuesday, highlighting revenue of $589 million for Q4, as well as giving more information on its recent purchase of Canada’s CarProof. IHS, the parent company of Carfax, announced right ... [Read More]
Canadian used-vehicle prices to soften over next 5 years
Auto Remarketing Canada Staff
Looking at the most recent data available, 2015 was a strong year for residuals in Canada. According to the RVI Group’s RVI Risk Outlook for December, the strong U.S. dollar helped maintain those high residual values in Canada through the ... [Read More]
Carfinco joins RouteOne Canada auto finance portal
Auto Remarketing Staff
RouteOne Canada added another a company to its auto financing portal today, after announcing last month that Rifco National Auto Group and Desjardins Group had come on board, as well. Carfinco Inc. now joins the growing list of companies to partner ... [Read More]
Cox Auto Canada acquires Manheim Source Edmonton
Auto Remarketing Canada Staff
It was announced this morning that after a successful three-year partnership, Cox Auto Canada — through its Manheim Canada business — has acquired 100 percent ownership of the Manheim Source Edmonton auction. The move serves to extend Cox Auto Canada’s ... [Read More]
NCM Associates launches in Canada
Sarah Rubenoff, Auto Remarketing Canada Editor
NCM Associates, a popular fixture in the U.S. for its dealer 20 Groups and more, is launching in Canada. The company offers five core services for its clients: 20 Groups, education, consulting, business intelligence and travel solutions. And as the ... [Read More]
3 ways dealerships fall short marketing their cars
Ian Cruickshank, Speed Shift Media
Obviously, there’s a lot of competition out there. You compete with dealerships from other OEM’s, dealerships from the same OEM’s, heck, some of you even have to compete with dealerships within your dealer group, and why not, competition is good ... [Read More]
Automotive Properties REIT secures Audi Barrie real estate
Auto Remarketing Canada Staff
Management at the Automotive Properties Real Estate Investment Trust (REIT) has been busy, announcing its third deal this week in less than a month. To start of 2016, the REIT reported it has agreed to purchase the Audi Barrie dealership ... [Read More]
2015 CPO results start rolling in
Sarah Rubenoff, Auto Remarketing Canada Editor
Another year is in the books, and 2015 brought with it continued certified pre-owned sales growth for Canadian automakers. As full-year CPO results started rolling in, many automakers were reporting double-digit year-over-year increases, not to mention record years. For example, ... [Read More]
Automotive Properties REIT buys Go Auto property
Auto Remarketing Canada Staff
Just as it completed its first acquisition — Toyota Woodland — the Automotive Properties Real Estate Investment Trust also announced it has agreed to acquire a Go Auto dealership property in Edmonton, Alberta for $23 million. The Automotive Properties REIT ... [Read More]
Carfax parent company buys CarProof
Auto Remarketing Canada Staff
IHS, the parent company of Carfax, announced Monday morning it has purchased CarProof Corp. for $650 million CND, which translates to about $460 million USD. CarProof is a vehicle history report provider in Canada. IHS bought Carfax in July 2013. ... [Read More]
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