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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

Go Auto buys Audi store in Calgary

Auto Remarketing Canada Staff
Go Auto has expanded its presence in Alberta. The dealer group said Tuesday it has acquired Audi Royal Oak in Calgary. With the purchase, Go Auto now has four locations in Calgary and two Audi stores in Western Canada. The ... [Read More]

BCAA launches peer-to-peer used-car marketplace

Auto Remarketing Canada Staff
Consumers are no strangers to using peer-to-peer marketplaces but are a bit leery when it comes to using those platforms to buy cars, according to a survey from the British Columbia Automobile Association. With that in mind, the group has ... [Read More]

OpenRoad Group comes clean to bring Tommy’s Express Car Wash to Canada

Auto Remarketing Canada Staff
OpenRoad wants to clean up your act. Or at least your car. The dealership group, which operates 36 locations in the Vancouver metro area, Ontario and Washington state in the U.S. has created a new division: OpenShine, which is bringing ... [Read More]

Auto Remarketing Canada’s 2024 Remarketing’s Under 40 honorees

Auto Remarketing Canada Staff
The Canadian auto industry, be it retail, remarketing or finance, is full of young leaders who have achieved massive success at an early age. Cherokee Media Group is excited to honor many of those individuals in this year’s Remarketing’s Under 40 ... [Read More]

Canadian wholesale vehicle values at lowest level since 2021

Auto Remarketing Canada Staff
The decline of Canadian wholesale used-vehicle values continues to accelerate. The latest evidence is in Canadian Black Book’s Used Vehicle Retention Index for May, released this week. CBB’s data showed the index at 137.6, down 2.0% from the previous month ... [Read More]

CADA partnership offers theft recovery system to dealerships

Ottawa hosts National Summit to combat auto theft.
Auto Remarketing Canada Staff
The Canadian Automobile Dealers Association is taking a step toward helping dealers battle the rising threat of vehicle theft. CADA is teaming with Kudelski IoT to provide a comprehensive solution powered by RecovR under the newly launched CADA 360 Security ... [Read More]

Biggest vehicles take hardest fall in Canadian wholesale values

Auto Remarketing Canada Staff
As the old saying goes, the bigger they are, the harder they fall. That was the case last week in the Canadian wholesale used vehicle market, as the largest vehicles took the biggest tumble in value. Prices for the overall ... [Read More]

AutoCanada to transition to new CFO

AutoCanada to transition to new CFO
Auto Remarketing Canada Staff
Azim Lalani has resigned as chief financial officer of AutoCanada, effective June 30, the company announced. Lalani, who joined the Edmonton-based dealer group in March 2023, cited personal reasons for leaving, and will be relocating to Vancouver. AutoCanada said he ... [Read More]

What to expect at expos: Canada’s Used Car Week

What to expect at expos: Canada’s Used Car Week
Jennifer Sanford, Sanford Marketing Group
Canada. Land of Canuks, mickeys, double doubles and a 25-piece patio set (IYKYK). It’s also the home of one of the continent’s finest industry events, Canada’s Used Car Week (CUCW). Held in Toronto, this year’s conference will take place June ... [Read More]

Canadian wholesale values show slower decline

Canadian wholesale values show slower decline
Auto Remarketing Canada Staff
Canadian Black Book’s weekly Market Insights report for the week ending May 25 showed a slower rate of decline than recent weeks, as Canadian wholesale prices fell by 0.23% following a 0.38% drop the week before. Only one segment recorded ... [Read More]

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