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
Mercedes-Benz Canada Announces 2014 Star Dealers
Auto Remarketing Canada Staff
Mercedes-Benz Canada revealed this week its 2014 Star Dealers list. These awards honor the top 10 authorized Mercedes-Benz dealers in Canada, “reinforcing the critical role that each dealership plays in the overall success of the Mercedes-Benz, AMG, smart and Sprinter ... [Read More]
New Company Aims to Change the Dealership Review ‘Eco-System’
Auto Remarketing Canada Staff
A bad customer review can spark fear in the hearts of most any business owner. And dealers have their own set of issues to navigate when trying to secure reviews from happy customers. Mobials Inc., a new mobile software development ... [Read More]
AutoCanada Reports Used Sales Increase; Plans to Add 4-7 Dealerships
Auto Remarketing
AutoCanada Inc. reported a successful Q3 last week, seeing a large profit increase and rises in used-car sales. The dealership group announced a profit increase of 61.1 percent. And revenue increased by a whopping 35.1 percent or $104.9 million to ... [Read More]
CarProof Hires 1st Director of Financial Planning and Analysis
Auto Remarketing
CarProof Vehicle History Reports announced this week it has made a hire in a brand new position: director of financial planning and analysis. Chosen for the role is Alison Doyle, who will be responsible for analyzing company and market data ... [Read More]
ADESA Canada Used Vehicle Price Index Update Shows Double-Digit Percentage Drops for Mid-Compact Cars
Auto Remarketing
The ADESA Canada Used Vehicle Price Index powered by ALG Canada has been updated through October, and it shows wholesale prices have recently seen one of the biggest drops this year. With all segments experiencing negative price movement, the index ... [Read More]
Report: Auto Industry Profit Margins Spike; Canada Pulls in Record Monthly New-Car Sales
Auto Remarketing
The results of Scotiabank’s Global Auto Report that were released today show auto industry profit margins have spiked to 10-year highs, reaching above pre-recession levels, with the highest profitability showing up in North America. The report indicates that the five ... [Read More]
At Least 2 Brands See Best-Ever November CPO Sales in Canada
Auto Remarketing
Canadian certifed pre-owned results began rolling in as the selling month came to an end this past weekend. Once again, the European automakers are showing impressive results, with Audi Canada seeing a 19-percent increase from November 2012. Elankum Vairavanathan, manager, ... [Read More]
Copart Acquires 5th Canadian Operation
Auto Remarketing
Online salvage vehicle auction company Copart broadened its presence in Canada this week by acquiring a privately held operation. Augmenting its two sites apiece in Alberta and Ontario, Copart acquired Berpa Auto Auction, which is located in Montreal, Quebec. “This ... [Read More]
Manufacturers Express Positive Reaction to Canada’s New Trade Agreement With European Union
Auto Remarketing
As Prime Minister Stephen Harper announced the Canadian government had reached a free trade agreement with the European Union late last week, many of Canada’s OEMs and manufacturers were already reacting positively to the move. The government has said that, ... [Read More]
RideTime Benefits From ‘Early Adoption’ Digital Marketing Strategy
Auto Remarketing
Some dealers, auctions and other businesses are still playing catch up when it comes to digital marketing, but the early adopters are now reaping the rewards of being ahead of the game. Doug MacIver Jr., is inventory and Internet manager ... [Read More]
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