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
Premium sports cars buck July residual trends
Sarah Rubenoff, Auto Remarketing Canada Editor
July residuals are showing trends similar to those seen this past spring: larger models continue to out-perform the car segments. Auto Remarketing Canada took a look at value retention data for 4-year-old vehicles from Canadian Black Book, which showed truck ... [Read More]
AutoCanada joins SiriusXM Canada’s used vehicle program
Auto Remarketing Canada Staff
It was announced this week that AutoCanada has joined a number of other Canadian dealer groups who have adopted SiriusXM Canada’s pre-owned vehicle program. Just last month, the growing OpenRoad dealer group also joined the satellite radio program for used ... [Read More]
Canadian Black Book enters lead-generation game
Josh Hyatt, Staff Writer
Sixty to 70 percent. That’s the varying statistic of visitors on the Canadian Black Book website that say, during its evaluation process, they’re interested in purchasing a vehicle in the next month. That’s according to the Brad Rome, CBB’s president, ... [Read More]
Cassels Brock to dole out $45M in damages to GM class-action dealers
Sarah Rubenoff, Auto Remarketing Canada Editor
A final ruling has been made in the class-action lawsuit filed against General Motors of Canada in regards to actions taken to close dealerships amid the economic downturn. With that, the claims against GMCL have been dismissed. That said, Justice Thomas ... [Read More]
June auction price trends defy seasonality
Sarah Rubenoff, Auto Remarketing Canada Editor
Wholesale price movement this past month didn’t follow the expected seasonal trends in the lanes, instead spiking by almost 1 percent. The ADESA Canada Used Vehicle Price Index, powered by ALG, has been updated and shows the index rose after ... [Read More]
Dent Wizard launches Ding Shield Drive
Auto Remarketing Canada Staff
Automotive reconditioning company Dent Wizard International has launched a service plan for dealerships that acts as a way for service departments to connect with customers. The company has taken Ding Shield — already sold in dealership F&I offices — and ... [Read More]
Canadian dealers navigate lucrative export market
Josh Hyatt, Staff Writer
Canadian dealers, especially in some of the country’s largest markets, nowadays find themselves in an interesting situation. They can put in all the work associated with the retail sale of a vehicle in their inventory to someone in their market. ... [Read More]
June brings CPO gains for Canadian OEMs
Sarah Rubenoff, Auto Remarketing Canada Editor
June was another strong month for Canadian certified pre-owned sales, with many automakers experiencing record CPO sales and impressive year-over-year gains. Volkswagen Canada experienced its best June on record for certified sales, with dealers delivering 1,587 CPO vehicles. This represents a ... [Read More]
Number of segments to see auction price drops by end of year
Auto Remarketing Canada Staff
Though used prices were still on the way up in May as summer neared, according to RVI data, analysts are still predicting a slow downturn in auction prices — potentially causing some relief for dealers and buyers in the lanes ... [Read More]
Luxury-vehicle sales hit double-digit gains in Canada
Auto Remarketing Canada Staff
Scotiabank released its Global Auto Report this week, highlighting a record sales month in Canada for the month of May. Carlos Gomes, the senior economist and auto industry specialist at Scotiabank, summarized May’s achievement. “Sales in Canada set a record ... [Read More]
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