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 price movement ‘more positive’ than expected
Auto Remarketing Canada Staff
After prices rose more than expected at auctions in July — up by 0.5 percent from June — rates in the lanes continue to rise as we approach fall. Last month, price movement was once again “more positive than expected ... [Read More]
Scotiabank, GM offer credit card to help Canadians earn next vehicle
Auto Remarketing Canada Staff
Scotiabank and General Motors of Canada announced today they are teaming up to help Canadians earn their next vehicle. The two companies have launched the new Scotiabank GM VISA cards, which acts as an expansion of a strategic partnership with ... [Read More]
CarProof, AARA to offer free VHRs at time of registration
Auto Remarketing Canada Staff
CarProof Corp. and The Association of Alberta Registry Agents (AARA) have announced a new partnership that aims to provide Albertan drivers with all the information they many need regarding their vehicles. Now, in an effort to promote transparency and safety awareness, ... [Read More]
Jumpstart launches Canadian auto group, partners with CBB
Auto Remarketing Canada Staff
Marketing and advertising solutions provider Jumpstart Automotive Group announced the official launch of its group in Canada on Wednesday. Labeled as the Jumpstart Automotive Group Canada, the announcement coincided with the group’s further announcement of its exclusive advertising partnership with ... [Read More]
New Mercedes-Benz Canada President, CEO to take reins Jan. 1
Auto Remarketing Canada Staff
Announced this morning, Mercedes-Benz Canada will have a new president and chief executive officer come Jan. 1, 2016. The company informed its employees and dealer network today that Gareth Joyce will take over for Tim Reuss as president and CEO ... [Read More]
NewStartCanada.com seeks equity partner to meet demand
Auto Remarketing Canada Staff
The subprime market in Canada is growing at a rapid rate, and companies in the space are beginning to respond to this ever-expanding piece of the auto industry. In fact, subprime lender Newstart Financial Inc., operating as O/A NewstartCanada.com, announced ... [Read More]
2 brands reach August records for CPO sales
Sarah Rubenoff, Auto Remarketing Canada Editor
Canadian certified pre-owned sales were strong in August, with all reporting OEMs announcing certified sales increases, and two automakers notching monthly records. Volkswagen Canada enjoyed a record August for CPO sales, with its dealers delivering 1,613 CPO vehicles in August. This ... [Read More]
CarProof adds badges to VHRs for improved readability
Auto Remarketing Canada Staff
CarProof Corp., makers of vehicle history reports, announced Wednesday the addition of easy to read badges to its reports as an attempt to improve readability and simplify transparency. The new badges aim to make it easy for car buyers to ... [Read More]
LeasePlan adds AlertDriving to its driver support programs
Auto Remarketing Canada Staff
LeasePlan Canada and AlertDriving have teamed up to address global fleet risk management. The two companies have entered into a strategic partnership, and LeasePlan has added AlertDriving to its driver support programs. Now, as an AlertDriving partner, LeasePlan has the ... [Read More]
OMVIC cracks down on ‘elaborate’ vehicle export scheme
Auto Remarketing Canada Staff
The Ontario Motor Vehicle Industry Council announced this week it is cracking down on a BMW salesperson for what OMVIC management is calling an elaborate vehicle export scheme. George Chan — a salesperson employed as a business manager at a ... [Read More]
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