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
What’s Next in Online Advertising?
Duncan Cochrane, President of Strathcom Media
By now, online advertising has permanently rooted itself in the Canadian automotive industry. It’s pretty much mandatory for legitimate dealers, as clean criminal records are for legitimate babysitters or judgmental tones are for dental hygienists. And it’s not going anywhere. ... [Read More]
XLane Integrates uShip Into New Online Marketplace
Auto Remarketing Canada Staff
After announcing earlier this month plans to launch its new online marketplace InstantAuction this month, XLane Holdings Inc. revealed this week it has chosen a shipping partner for the new tool. Online transport marketplace uShip has been chosen, and dealers ... [Read More]
Auction Price Movement a Mixed Bag in August
Auto Remarketing Canada Staff
Used-car prices began falling slightly in the lanes as summer drew to a close. According to the latest RVI Market Update released this week, the RVI Used Vehicle Price Index, which measures the wholesale values of used vehicles ages 2 to ... [Read More]
Chrysler, GM Add to 2014 Recalls This Week
Auto Remarketing Canada Staff
Both Chrysler Group and General Motors announced more recalls this week, adding to the unprecedented list of reported issues this year. Chrysler Group is recalling an estimated 230,760 sport utility vehicles around the world —15,898 of which are in Canada ... [Read More]
Mazda Dealership Links Clean Cars to Used Success
Sarah Rubenoff, Auto Remarketing Canada Editor
Mazda De Laval was focusing on certifying vehicles in-house long before the Mazda Canada certified pre-owned program hit the market. Now, store president Richard Labelle says, the dealership capitalizes on the fledgling certified program — launched in 2012 — by ... [Read More]
Industry Supports Vehicle Emission Regulation Amendments
Sarah Rubenoff, Auto Remarketing Canada Editor
The Canadian Vehicle Manufacturers' Association (CVMA) as well as the Global Automakers of Canada praised the Canadian government’s latest move to reduce vehicle greenhouse gases and smog causing emissions. The Environment Minister Leona Aglukkaq announced Monday expected amendments to Canada's ... [Read More]
XLane Reveals Its New Online Auction Marketplace
Sarah Rubenoff, Auto Remarketing Canada Editor
Announced this afternoon another player is entering the online dealer-to-dealer auction ring. Software company XLane Holdings Inc. revealed today its new product InstantAuction. Company management says the new tool “puts the dealers in control” and offers a new level of ... [Read More]
RouteOne Canada Gives Dealers Another Way to Serve Subprime Customers
Auto Remarketing Canada Staff
RouteOne Canada Corp. announced its integration today with CTL Corp. — a specialty finance company serving customers looking for non-traditional credit options. The companies say this move will help dealer clients in servicing more subprime customers and provides another options ... [Read More]
TRADER Makes Moves to Generate Trust On New Auction Site
Sarah Rubenoff, Auto Remarketing Canada Editor
TRADER Exchange — the company’s new dealer-to-dealer online auction tool — is scheduled to roll out to Ontario dealers by the end of 2014 with a national launch in 2015, and the company is already ramping up the offering to make sure ... [Read More]
Staying Compliant with Ontario’s All-In Pricing Regulation
Josh Hyatt, Staff Writer
Ontario dealers should, by now, be quite aware of the all-in pricing regulations enforced by the Ontario Motor Vehicle Industry Council. If not, you’ll want to be, because OMVIC is cracking down on violators of its consumer protection regulations. Just ... [Read More]
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