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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

OMVIC Warns Dealers $9,998 Car Ads Can Be ‘Misleading’

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Sarah Rubenoff, Auto Remarketing Canada Editor
Concern that advertisements for new cars under $10,000 may be misleading for consumers prompted The Ontario Motor Vehicle Industry Council — which enforces the province’s Motor Vehicle Dealer Act and Regulations  —  to issue an open letter to Ontario’s dealers ... [Read More]

GM Canada to Modify or Replace Keys On Over 187K Units

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Auto Remarketing Canada Staff
General Motors Canada announced this week yet another recall for the GM brand, bringing the company’s total count for the year closer toward 50. In the company’s 44th recall this year — General Motors will rework or replace the ignition ... [Read More]

Wholesale Prices Push Down in May

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Sarah Rubenoff, Auto Remarketing Canada Editor
Though wholesale prices remain elevated, rates were on the way down in the lanes this past month. In May, the Manheim Canada Used Vehicle Value Index was down four points from April to sit at 98.9. Though rates are falling ... [Read More]

AutoCanada Adds 7 Stores to Lineup

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Auto Remarketing Canada Staff
AutoCanada announced this week it has purchased six dealerships from the Hyatt Automotive Group as well as a new Chrysler store in Saskatoon, Saskatchewan. They Hyatt acquisition includes Infiniti, Nissan, Volkswagen, Mitsubishi stores and two Hyundai dealerships, all of which ... [Read More]

Site Offers Dealers Opportunity to Get Rid Of Aging Inventory

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Sarah Rubenoff, Auto Remarketing Canada Editor
NewCarSellOff.com may not be a brand new site — first launched in 2012 — but it’s back with a new look and a few new tools to benefit dealers, says Rick Balkan, chief executive officer and president of the third-party ... [Read More]

May Marks Record Month for New-Car Sales

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Auto Remarketing Staff
May’s new-car market notched a Canadian record, posting a new monthly sales record last month. The Canadian Automobile Dealers Association reported more than 195,000 new cars and trucks were sold across Canada last month. This number represents the best sales ... [Read More]

Kia Site Helps Dealers Lock Down CPO Inventory

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Sarah Rubenoff, Auto Remarketing Canada Editor
Last summer, Kia Canada Inc. announced a new online tool for dealers, feet and rental partners that has made acquiring used and certified pre-owned vehicles a bit easier. More specifically, Kia said in July that it had partnered with Web-based ... [Read More]

Quebec Benz Dealership Breaks Ground on New Facility

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Auto Remarketing Canada Staff
Quebec’s Mercedes-Benz Rive-Sud broke grown on a new larger dealership facility at the same location that has been home to the store for more than 50 years. Tim Reuss, president and chief executive officer of Mercedes-Benz Canada, along with company ... [Read More]

Carfax to Offer Canadian Dealers Subscription Rates

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Sarah Rubenoff, Auto Remarketing Canada Editor
Carfax is ramping up their presence in Canada, with a redesigned vehicle history report for Canadian dealers as well as a subscription-based offering. Now, Canadian dealers can enjoy similar benefits to those U.S. dealers have been enjoying since 2011, through ... [Read More]

AutoCanada Picks New CFO

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Auto Remarketing Canada Staff
AutoCanada announced today it has chosen a new chief financial officer. Christopher Burrows has been picked  for the position. Effective Sept. 1, Burrows will assume the role of vice president and CFO. As part of the transition, Jeff Christie, VP ... [Read More]

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