Additional insight into FTC’s move involving disparate impact from Hudson Cook
The Federal Trade Commission recently announced it will not pursue claims based on disparate-impact or “unfair discrimination” theories. In this episode of the Auto Remarketing Podcast, Hudson Cook partners Erica Kramer and Rob Tilley offered some historical perspectives and a ... Listen Here
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
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
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]
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
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
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
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
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
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
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
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]
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