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
Full-size pickups buck Canadian wholesale market’s downward trend
Auto Remarketing Staff
Every segment of the Canadian used wholesale vehicle market was down for the week ending Nov. 2. Except one. And that one went through the roof. Canadian Black Book’s weekly Market Insights showed the average wholesale price of full-size pickup ... [Read More]
CarGurus brings Digital Deal digital retailing platform to Canada
Auto Remarketing Staff
CarGurus announced it has introduced a new digital retail platform designed to power more efficient connections between dealers and purchase-ready shoppers in Canada. The company said Digital Deal enables consumers to start their financing application online for eligible new and ... [Read More]
Data shows auto theft claims surging in Atlantic Canada
Auto Remarketing Canada Staff
Atlantic Canada has become a preferred destination for car thieves. According to data from Insurance Bureau of Canada, auto theft claims have shown an alarming rise in the Atlantic provinces, spiking 12.5% in the first half of 2024 — the ... [Read More]
Toyota leads the way in CBB Best Retained Value Awards
Auto Remarketing Canada Staff
Toyota, led by its wildly popular Tacoma small pickup, was again the big winner in Canadian Black Book’s annual Best Retained Value Awards. The Japanese automaker claimed a total of seven of the 2024 awards, the most of any brand, ... [Read More]
Dealer group becomes car wash franchisee with aggressive expansion plans
Alysha Webb, Correspondent
OpenRoad Dealership Group is going into the car wash business through its OpenShine division. And while OpenShine is starting as a franchisee of an American car wash brand, you may see OpenShine-brand car washes in Canada one day, Christian Tjia, ... [Read More]
Dealership basking in pre-owned luxury
Daryl Lubinsky, Correspondent
Azar Allasvandi said her brother, Sia Allasvandi, started a luxury used-car dealership because of the variety involved. “He wanted to be able to get his hands on different cars, BMW, Volkswagen … he didn’t want to do just one,” Azar ... [Read More]
Mississauga dealer is driven to educate women about career opportunities in automotive
Arlena Sawyers, Correspondent
When Susan Gubasta’s dad first urged her to join the family-owned dealership business more than 30 years ago, she just wasn’t interested.
After all, she reasoned, retail automotive was dominated by men who either sold cars or repaired cars and there was no career path there for her.
Since she “wasn’t a math person,” working in the dealership’s accounting office wasn’t appealing either.
Turns out that not only was Gubasta mistaken about joining the family business, it was ... [Read More]
Canadian Black Book adds industry veterans Khan, Bonneau as sales directors
Auto Remarketing Canada Staff
Canadian Black Book announced two significant additions to its sales staff. The automotive data and analytics provider has hired industry veterans Waqas Khan and Geneviève Bonneau, both of whom will carry the title of director of sales, data licensing. “Their ... [Read More]
EDealer launches new Cars.ca online vehicle listings marketplace
Auto Remarketing Canada Staff
The team behind EDealer and EBlock has launched a third leg to that online automotive stool: Cars.ca, an online car listings marketplace for dealers to reach consumers. In a LinkedIn post Monday, EDealer said the site currently has more than ... [Read More]
Go Auto looks to continue its expansion in Canada and south of border
Alysha Webb, Correspondent
Go Auto plans to continue to grow and the dealership group is interested in acquiring franchises in Western Canada, the dealership group’s president Phil Abram told Auto Remarketing Canada. But it is also eying further expansion in the United States, ... [Read More]
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