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
Auction prices still rising; relief in sight?
Sarah Rubenoff, Auto Remarketing Canada Editor
The number of quality used vehicles at auction hasn’t expanded much this year, and initial positive forecasts for loosening supply in 2015 have been proven wrong. Consequently, prices at auction are still on the way up. That said, residual reports ... [Read More]
How one auction adapts to wholesale changes
Sarah Rubenoff, Auto Remarketing Canada Editor
ADESA Toronto recently launched a new sale, dubbed, “2 O’Clock Tuesdays.” This new weekly offering has replaced the auction's Monday night sales. Auction management shared the new Tuesday sale, together with the auction’s Wednesday morning sale, will offer over 2,500 vehicles ... [Read More]
How to take advantage of millennials’ leasing behavior
Ian Cruickshank, Speed Shift Media
It’s no secret: Taking advantage of your buyer’s behavior will bring you more leads and can be what you need to edge out the competition. As Forbes Magazine puts it, "When you find the gaps between what your competitors are ... [Read More]
Environment Canada announces VW investigation
Sarah Rubenoff, Auto Remarketing Canada Editor
Less than a week after the U.S. Environmental Protection Agency issued a Notice of Violation of the Clean Air Act to Volkswagen, alleging five of the automaker’s diesel-powered vehicles include “defeat device” software that circumvent emissions standards, Environment Canada joined ... [Read More]
VW Canada stops sales of models involved in emissions-testing scandal
Sarah Rubenoff, Auto Remarketing Canada Editor
The hammer is falling on Volkswagen in both the U.S. and Canada. VW Canada told its dealers yesterday to stop selling diesel-powered vehicles involved in an emissions-testing scandal that recently came to light. This statement comes just a few days ... [Read More]
Canadian demand for new credit strongest in the auto sector
Sarah Rubenoff, Auto Remarketing Canada Editor
New data from Equifax Canada’s Q2 National Consumer Credit Trends Report showed that demand for new credit is strongest in the auto sector, and is growing everywhere except Quebec. The report also found that Canadians are still adding on debt, ... [Read More]
3rd Mercedes-Benz Canada store to open in Calgary in 2017
Auto Remarketing Staff
On Saturday, Mercedes-Benz Canada broke ground on its third store in Calgary. The McManes Automotive Group will be continuing its expansion with the new store, Mercedes-Benz Country Hills. This store adds to a list of construction projects the auto group currently has ... [Read More]
Groupe Park Avenue partners with Jim Pattison Lease
Auto Remarketing Canada Staff
Two huge names in the vehicle leasing business in Canada have joined forces. Groupe Park Avenue announced this week a joint venture partnership with Vancouver-based fleet management company Jim Pattison Lease. Through the new partnership Jim Pattison will become a ... [Read More]
Nearly half of Albertan used cars sold without proper condition disclosure
Josh Hyatt, Staff Writer
As CarProof continues its province-to-province campaign to disclose the lesser-known details of used-vehicles sold in Canada, some disturbing statistics come out of Alberta. According to the company, nearly half of all used-car transactions in Alberta occur without proper disclosures. On ... [Read More]
Selectbidder announces real-time trade-in bid solution
Josh Hyatt, Staff Writer
One auto tech company aims to make the auction a part of the trade-in process. Selectbidder officially announced today its new platform for real-time bids on dealer trade-ins, aiming to connect auctions, dealers and dealer customers in a way to ... [Read More]
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