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
Toyota launches massive recall for window switch defect
Auto Remarketing Canada Staff
Toyota Canada Inc. announced a new safety recall this week for issues with the driver’s side power window master switch in certain vehicles. In impacted vehicles, the power window master switch may have been manufactured with insufficient lubricant grease. “If ... [Read More]
Assurant Solutions acquires Coast To Coast Dealer Services
Auto Remarketing Canada Staff
Assurant Solutions announced this fall that it has expanded its vehicle service capabilities via the acquisition of Coast To Coast Dealer Services, a Canadian auto-service contract company. Coast To Coast, founded in 1990 and headquartered in Hamilton, Ontario, is best ... [Read More]
AutoAlert integrates VHRs, offers French version
Auto Remarketing Canada Staff
Data mining and trade-cycle management platform AutoAlert announced two new developments early this week. The company is releasing a French version for dealerships in Quebec, and it is integrating CarProof vehicle history reports for Canadian dealers. On Monday, AutoAlert reported ... [Read More]
AutoCanada adds 2 Nissan points to Ontario store count
Auto Remarketing Canada Staff
AutoCanada is adding two new Nissan points to its lineup, serving to further solidify its presence in the Ontario market. The company said on Monday it has reached an agreement to buy the operating assets of Hunt Club Nissan Ltd. ... [Read More]
A call for commercial consignors
Auto Remarketing Canada Staff
Anyone in the used-car biz knows just how important the role of commercial consignors are in the remarketing cycle. And that’s why Auto Remarketing Canada decided to launch its inaugural “Spotlight on Commercial Consignors” section. This section, highlighting the leading ... [Read More]
ADESA Used Price Index drops for first time this year
Auto Remarketing Canada Staff
Though wholesale prices remain elevated from 2014 rates, according to one reading, prices at auction took a dip for the first time this year in Canada. The ADESA Canada Used Vehicle Price Index, powered by ALG, fell in September, after ... [Read More]
Link between rental car experience & future purchases
Auto Remarketing Canada Staff
Perhaps dealers should be looking into rental car trends when deciding what units to stock on their new and used lots. According to the new Canadian Automotive Survey from Enterprise Holdings, nearly six in 10 (59 percent) of their customers ... [Read More]
Go Auto to award 30 lucky customers
Auto Remarketing Canada Staff
For the second year in a row, Western Canada’s Go Auto dealer group is giving away 30 vehicles. The cars will be awarded via the company’s “Car-A-Day Giveaway” promotion, though which its Edmonton-based network of dealerships gives away 30 vehicles ... [Read More]
TradeRev, ADESA Vancouver partner with OpenRoad
Auto Remarketing Staff
Dealer-to-dealer auction platform TradeRev and ADESA Vancouver announced today a partnership with one of the country’s fastest-growing dealer groups. The two companies are entering an exclusive used-vehicle trade-in partnership with Canada’s OpenRoad Auto Group, which was featured in this year’s ... [Read More]
UCM pay plans for profit
Dwayne Green , DealerSocket
It’s often said, “I hope you make a truck load of bonuses as it means more profit for the dealership.” Truth be told, both dealer and used-car manager have a minimum and maximum expectation. The right pay plan may help ... [Read More]
X