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
J.D. Power, CBB Partner to Provide Used Transaction Data
Auto Remarketing Canada Staff
J.D. Power and Canadian Black Book have come together in a new partnership designed to provide used-vehicle transaction data to Canadian dealers, combining the real-time used-vehicle retail transaction data from J.D. Power’s Power Information Network and CBB’s online valuation tool. ... [Read More]
GM Continues Stream of Recalls
Sarah Rubenoff, Auto Remarketing Canada Editor
The number of recalls from General Motors continues to grow, as this week's issues added to the list of more than 25 GM recalls to come through this year, totaling over 13 million vehicles. General Motors Canada announced this week ... [Read More]
IARA Canada’s First Training Event Covers Remarketing Basics
Sarah Rubenoff, Auto Remarketing Canada Editor
The Canadian branch of the International Automobile Remarketers’ Alliance completed its first training event earlier this month for its members — an event the organization said was well-attended by members “from all facets of the automotive remarketing spectrum.” The event ... [Read More]
BMW Canada Reveals New Top Exec
Auto Remarketing Canada Staff
BMW Canada has a new leader. Hans Blesse assumed the role on Tuesday after the company announced former president and chief executive officer of the BMW Group Canada Eduardo Villaverde was leaving the company. Villaverde had taken on the role ... [Read More]
Carfinco Sees Unusual Auto Loan Growth in Q1
Sarah Rubenoff, Auto Remarketing Canada Editor
Carfinco Financial Group announced first-quarter results this Wednesday that showed growing auto loan originations as well as rises in net earnings. The first quarter of fiscal 2014 has been a positive one for Carfinco, said company management, as the company ... [Read More]
Lexus Dealers Offer Test Drives From Montreal-Trudeau Airport
Auto Remarketing Canada Staff
Lexus has set up shop at the Montreal-Trudeau airport. Instead of a cab, why not take a Lexus? Travelers returning home over the next few months and interested in purchasing a luxury vehicle might want to stop by the Lexus ... [Read More]
Mercedes-Benz Winnipeg Moving to Updated Facility
Auto Remarketing Canada Staff
Mercedes-Benz Winnipeg is getting a facelift, as store management and company leaders broke ground this week for a new location for the well-established dealership. Tim Reuss, president and chief executive officer of Mercedes-Benz Canada, together with company executives, recently joined ... [Read More]
Co-Auto Dealers Have New Service Plan Options
Auto Remarketing Canada Staff
Now, Co-Auto dealership members have a few new options when selling service plans to customers. This week, reconditioning company Dent Wizard International announced a new partnership with Co-Auto — a cooperative buying group dedicated exclusively to servicing new car and ... [Read More]
AutoCanada Connects Q1 Used Success to New Inventory Strategy
Sarah Rubenoff, Auto Remarketing Canada Editor
As AutoCanada announced strong financial results for the first quarter, the company highlighted one area, in particular, that contributed to an overall dealership revenue increase of 28.2 percent: used-vehicle sales. Q1 was an extremely strong quarter for pre-owned, as the ... [Read More]
Chrysler, Ford Ramp Up Fleet Sales in 2013
Sarah Rubenoff, Auto Remarketing Canada Editor
Though rental and fleet sales for automakers can be looked at in a variety of ways — as many automakers try to pass of some of their harder-to-move products in this fashion — these types of sales normally bode well ... [Read More]
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