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 used wholesale values post first weekly gain in 3 years
Auto Remarketing Canada Staff
For the first time in three years, Canadian used-car wholesale values rose during the week ending March 29 – though just barely. Canadian Black Book’s weekly Market Insights report showed the overall market inched up 0.01% for the week, its ... [Read More]
Tariffs leave majority of BC consumers worried about used-car prices, options
Auto Remarketing Canada Staff
The threat of tariffs isn’t just about new cars. A survey conducted in March by Vancouver-based Autozen found consumers in British Columbia are worried about the price of used vehicles due to tariffs. The consumer-to-business auto sales platform’s The Road ... [Read More]
Canada’s used-car industry braces for tariff war
Andrew Friedlander, Associate Editor
Canada is at war. A trade war. And cars are among the primary weapons.
Following U.S. President Donald Trump’s announcement Thursday that a 25% tariff will be placed on all vehicles and auto parts imported into the U.S., to take effect April 2, Prime Minister Mark Carney called the tariff “a direct attack” on Canada.
“It feels like a sword hanging over our heads ... [Read More]
Holand doubles down on Romania with acquisition of Aston Martin Bucharest
Auto Remarketing Canada Staff
With a foothold in Romania, Holand Automotive Group is doubling down on that country’s premium automotive market. The Montreal-based dealership group announced it has acquired Aston Martin Bucharest in Romania’s capital city, adding to its holdings in the Eastern European ... [Read More]
Vans are outliers in otherwise stable week for Canadian wholesale vehicle values
Auto Remarketing Canada Staff
Canadian wholesale vehicle values were as strong as they’ve been all year in the week ending March 22 — with a couple of notable exceptions. Canadian Black Book’s weekly Market Insights report showed seven vehicle segments gaining value, the most ... [Read More]
AutoCanada’s ‘transformation’ includes sale of its U.S. dealerships
Andrew Friedlander, Associate Editor
AutoCanada’s “transformation plan” is transforming it into a Canadian-only company. Executive chairman Paul Antony this week said the Edmonton-based dealership group plans to sell its U.S. stores, saying its 10 locations in Illinois have been classified as a “discontinued operation” ... [Read More]
Used-car supply down, but ‘factory’ poised to fill the gap, CBB report finds
Auto Remarketing Canada Staff
Used-car supply is trending downward — but reinforcements are on the way. In its March Residual Value Newsletter, Canadian Black Book provided data and projections showing the supply of used vehicles dwindling over the past three years — and expected ... [Read More]
CARFAX Canada unveils new tools to inform and retain service customers
Auto Remarketing Canada Staff
CARFAX Canada aims to make it easier for vehicle service providers to communicate with customers — and for customers to pay attention to what they’re saying. The provider of vehicle history reports has launched its Service Suite, an all-in-one customer ... [Read More]
Dealer group up for awards recognizing innovation in technology, investment
Auto Remarketing Canada Staff
HGreg is in the running for awards honoring innovations in technology and international investment. The Québec-based dealership group is among the finalists in both the TELUS Technological Innovation and EDC International Market Development categories of the 2025 Mercuriades Awards, organized ... [Read More]
Hyundai Canada promotes Flamand to succeed Romano as president and CEO
Auto Remarketing Canada Staff
There’s a new boss at Hyundai Auto Canada. Executive director of sales and digital strategy Steve Flamand has been promoted to president and CEO, overseeing the Hyundai and Genesis brands in Canada. The veteran Canadian automotive executive, who joined the ... [Read More]
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