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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

OpenRoad buzzing about its new rooftop beehive

OpenRoad buzzing about its new rooftop beehive
Auto Remarketing Canada Staff
OpenRoad Group is generating plenty of buzz these days. In honor of World Bee Day, May 20, the British Columbia-based dealership group established a rooftop beehive at its BMW Langley location in the Vancouver area. OpenRoad said the hive, which ... [Read More]

Another week, another decline for Canadian wholesale values

Another week, another decline for Canadian wholesale values
Auto Remarketing Canada Staff
The fall continues for wholesale vehicle values. Canadian Black Book’s weekly Market Insights report for the week ending May 18 showed another decrease in Canadian wholesale prices, with an overall drop of 0.38%. Two segments fell more than 1% in ... [Read More]

Nissan Canada partners with Canada’s national cricket teams

Nissan Canada partners with Canada’s national cricket teams
Auto Remarketing Canada Staff
Nissan Canada has entered into a strategic partnership with Cricket Canada that makes Nissan the official automotive partner of the sport’s Canadian governing body and its men’s and women’s national teams. The organizations said the alliance “merges automotive innovation with ... [Read More]

Dealership groups continue their runs as Canada’s Best Managed Companies

Dealership groups dominate Canada's Best Managed
Auto Remarketing Canada Staff
Two dealership groups were among the 2024 honorees in the Canada’s Best Managed Companies awards — and not for the first time. British Columbia-based OpenRoad Auto Group was named for the 12th consecutive year, placing it firmly in the award’s ... [Read More]

Canadian wholesale values continue downward trend

downward slide of Canadian wholesale vehicle price
Auto Remarketing Canada Staff
The downward slide of Canadian wholesale vehicle prices continues but the pace slowed, according to Canadian Black Book’s weekly Market Insights report for the week ending May 11. Overall, values declined 0.28% — significantly less than the 0.44% tumble the ... [Read More]

6 HGreg dealerships earn recognition in AutoTrader’s Best Priced Dealer Awards

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Auto Remarketing Canada Staff
Six of HGreg’s Canadian dealerships were among those selected by AutoTrader for its 2024 Best Priced Dealer Awards, the dealership group said. The awards recognize “the country’s top dealerships for consistently reaching our statistically backed best price benchmark year-round.” AutoTrader ... [Read More]

AutoCanada weathers ‘rough road’ as net earnings drop 128% in Q1

AutoCanada plunges 128% in Q1
Auto Remarketing Canada Staff
The first quarter of 2024 is one AutoCanada might like to forget. A combination of challenging market conditions — and weather conditions — made it a rough go for the Edmonton-based dealership group, which in its Q1 earnings call last ... [Read More]

JD Power financing study reinforces value of dealer-lender relationships

J.D. Power study: Strong dealer-lender ties boost sales
Auto Remarketing Canada Staff
It might be a cliché, but findings from the J.D. Power 2024 Canada Dealer Financing Satisfaction Study reinforced it. Relationships matter. Study orchestrators said this week lenders that are looking to capture a bigger piece of the market should focus ... [Read More]

Hyundai Canada named one of Canada’s top workplaces for 7th consecutive year

Hyundai Canada: 7 years in a row as a Canadian top workplace
Auto Remarketing Canada Staff
For the seventh consecutive year, Great Place to Work has selected Hyundai Canada was selected as one of the Best Workplaces in Canada, and for the fifth year in a row, it has included Hyundai Canada on its list of ... [Read More]

CDK offers a new Xperience to Canadian dealers

CDK upgrades Canada: New Dealership Xperience
Auto Remarketing Canada Staff
CDK is bringing a whole new experience to Canada. The automotive retail software provider announced the Canadian launch of the CDK Dealership Xperience, an open and integrated platform that the company said “transforms how dealers sell and service cars and ... [Read More]

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