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
Canadian Government Reveals Sale of Additional Shares of GM
Auto Remarketing Canada Staff
Canadian minister of finance Jim Flaherty confirmed this week that the government has made strides to move General Motors towards private sector ownership. Canada GEN Investment Corp. — a wholly-owned subsidiary of the Canada Development Investment Corp., who holds Canada's ... [Read More]
Carfinco Expands Into US Market With New Acquisition
Auto Remarketing Canada Staff
Edmonton, Alberta-based Carfinco Financial Group Inc. revealed this week it is expanding into the U.S. market with a new acquisition. The company has purchased Massachusetts-based Persian Acceptance Corp. (PAC), an indirect lender in the subprime retail automotive industry, from Peter ... [Read More]
Free Vehicle Syndication Network for Canadian Dealership Inventory
Sarah Rubenoff, Auto Remarketing Canada Editor
Automotive digital marketing company Strathcom Media recently promoted a new way for Canadian dealerships to increase their online exposure. With its new syndicated data service, the company says dealers can “increase the online exposure of their inventory without increasing their ... [Read More]
Toyota Canada Reveals Settlement of Economic Loss Litigation for Unintended Acceleration Lawsuits
Auto Remarketing Canada Staff
Toyota Canada recently announced it has come to an agreement to settle economic loss litigation in Canada related to Toyota recalls in 2009 and 2010 regarding unintended acceleration. The company said “turning the page on this legacy legal issue is ... [Read More]
AIA of Canada Hires New Director of Collision Programs
Sarah Rubenoff
The Automotive Industries Association of Canada recently announced it has a new director of collision programs. Appointed to the position is Leanne Jefferies, who brings experience in the operation of a collision repair facility, collision media editing and publication,youth programming ... [Read More]
On Credit Group to Offer Dealer Wholesale Program on National Level
Sarah Rubenoff, Auto Remarketing Canada Editor
On Credit Group recently announced its dealer wholesale program has expanded to reach across Canada. In support of its national presence, the company hired a new vice president of Inventory on Credit. Tapped for the position is Rick Wilson, who ... [Read More]
AutoCanada Adds Chrysler Dealership; Partners With Pentastar Store for Red Cross Donation
Auto Remarketing Canada Staff
AutoCanada Inc. announced this week it has obtained approval from Chrysler Canada to purchase the operating assets and real estate of Eastern Chrysler Plymouth Inc., which owns and operates a Chrysler Dodge Jeep Ram dealership in Winnipeg, Manitoba. The 66-year-old ... [Read More]
A Buy-Here, Pay-Here Resurgence
Sarah Rubenoff, Auto Remarketing Canada Editor
With what has become a slow economic recovery for Canada as many consumers continue to suffer financial setbacks, the buy-here, pay-here automotive market is experiencing a resurgence of sorts. Mark Dubois, director and moderator of Buy Here Pay Here ... [Read More]
Maritz Research Helps Hyundai Dealers Pinpoint Customer Satisfaction Factors
Sarah Rubenoff, Auto Remarketing Canada Editor
In any sales environment — dealerships included — some botched leads will leave a salesperson scratching his or her head and pondering: What went wrong? In a recent partnership with Hyundai Auto Canada Corp., Martiz Research tried to solve this very ... [Read More]
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