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
New DrivingSales University, NCDA Partnership Provides Discounts to Dealer Members
Sarah Rubenoff, Auto Remarketing Canada Editor
DrivingSales University announced it has furthered its expansion into the Canadian market through a new alliance with the New Car Dealers Association of British Columbia (NCDA). Through the agreement, DSU’s Web-based dealership training program is now available at a discounted ... [Read More]
Ford F-150 Most-Appraised Vehicle in 2013
Sarah Rubenoff, Auto Remarketing Canada Editor
After giving up a few months to smaller models, the Ford F-150 reclaimed its spot as the most-appraised vehicle in Canada, according to the December TradeTracker Used Vehicle Market Report. The F-150 was followed by the Honda Civic Sedan (No. ... [Read More]
Canadian Wholesale Prices End 2013 on the Rise
Sarah Rubenoff, Auto Remarketing Canada Editor
During the last month of 2013, wholesale prices did rise on an overall basis — a trend dealers experienced during most of last year — but the spike was slight, and price movements for most segments were negative. According to ... [Read More]
Tracking Devices Aid in Bust of International Car-Theft Crime Ring
Sarah Rubenoff, Auto Remarketing Canada Editor
Many high-end vehicle dealers in Canada are breathing a sigh of relief as Canadian and U.S. law enforcement agencies cracked down on an international vehicle theft crime ring, recovering $3.2 million in assets. Car recovery company LoJack Corp. reported its ... [Read More]
Canada Hits Record for New-Car Sales in 2013
Sarah Rubenoff, Auto Remarketing Canada Editor
After years of post-recession lows, the Canadian automotive market reached a new record in 2013, according to analysis from the Canadian Automotive Dealers Association released this week. A whopping 1.74 million new cars were sold in Canada last year, up ... [Read More]
Hyundai Auto Canada Chooses Former Mazda Canada President as First COO
Sarah Rubenoff, Auto Remarketing Canada Editor
Hyundai Auto Canada Corp. announced its choice for its very first chief operating office, hiring an industry veteran for the job. Donald Romano brings over 29 years of experience in the automotive industry to the role of COO. The company ... [Read More]
European Brand CPO Sales Soar
Sarah Rubenoff, Auto Remarketing Canada Editor
As December and full-year 2013 certified pre-owned results came in, it’s evident that while European automakers saw CPO sales rise consistently throughout this past year, Japanese brands were feeling the sting of tight used supply. One European brand even notched ... [Read More]
Can Automakers Shift Canadian Consumer Interest From Long-Term Loans Back to Leasing?
Sarah Rubenoff, Auto Remarketing Canada Editor
Though analysts offered no short-term good news in regards to Canadian leasing levels, movement in the new-car market could spell more off-lease vehicles in the future. That is, if OEMs are able to turn consumers away from long-term loans and ... [Read More]
Acura Canada to Recall More Than 3K Model-Year 2014 Vehicles
Sarah Rubenoff, Auto Remarketing Canada Editor
Acura Canada announced two recalls this week that affect more than 3,000 model-year 2014 units in Canada. First, Acura said it is recalling 3,074 MDX vehicles from the 2014 model year to inspect and, if needed, tighten or replace bolts ... [Read More]
ARI Reveals 2 New Exec Appointments in Canada
Sarah Rubenoff, Auto Remarketing Canada Editor
Fleet services provider ARI announced two new executive appointments this week. Rick Tousaw has been promoted to senior vice president and general manager of ARI Canada. And Craig Balfour has been promoted to vice president of sales for ARI Canada. ... [Read More]
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