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
LendingArch continues to expand presence in Canadian auto finance market
Auto Remarketing Canada Staff
Auto finance application platform LendingArch is growing its presence in the Canadian market, expanding its network of auto dealerships through its Carsfast.ca platform. In a news release, LendingArch president Paul Hadzoglou said: “We are thrilled to announce our continued success ... [Read More]
Dilawri furthers investment in Audi brand with new, CPO facilities in Thornhill, Richmond Hill
Auto Remarketing Canada Staff
Audi Thornhill’s new-vehicle sales and service facility located at 7064 Yonge Street has opened, leaving the store’s temporary facility open for certified pre-owned to sweep in. The temporary Audi Thornhill new dealership location at 7079 Yonge Street has been transformed ... [Read More]
TD Bank brings donation total to $1M in response to Middle East conflict
Auto Remarketing Canada Staff
TD Bank is taking a stand against discrimination and hate throughout communities in Canada and the U.S. through another $250,000 donation in response to the ongoing conflict in the Middle East. So far, TD has donated a total of $1 ... [Read More]
Cars Commerce expands in Canada through purchase of D2C Media
Auto Remarketing Canada Staff
Roughly two weeks after rebranding to its current name, Cars Commerce is expanding its platform into Canada, giving the company a much larger presence in the country. The company announced Thursday morning that it has acquired D2C Media Inc., an ... [Read More]
Unifor, Stellantis reach tentative agreement, ending all strike action
Auto Remarketing Canada Staff
After a contentious negotiation process culminating in a strike that only lasted hours, Canadian union Unifor has reached a tentative agreement with the last of the Detroit 3 in negotiations, Stellantis. This follows ratifying pattern agreements with both Ford Canada ... [Read More]
OpenRoad campaign furthers EV education in Canada
Auto Remarketing Canada Staff
OpenRoad Auto Group, British Columbia’s largest dealer group, has launched a new campaign that aims to create a “hub” where car shoppers can learn more about electric vehicles. The “Electrified” campaign launched in conjunction with Zero Emissions Day in September. ... [Read More]
Canadian Black Book debuts new retail market data insight tool
Auto Remarketing Canada Staff
Canadian Black Book has launched a new product that aims to make it easier for automotive professionals to drill down and benefit from retail market data. CBB said Pulse is a visualization tool whose capabilities can help dealers, fleet managers ... [Read More]
WEINS Auto Group recognizes 50th anniversary with celebration, donations to community
Sarah Rubenoff, Correspondent
WEINS Auto Group recently held a celebration to recognize the dealer group’s 50th anniversary in the Markham, Ontario community. Don Valley North Toyota, the dealer group’s flagship store, posted a video on YouTube highlighting the event and showcasing highlights from ... [Read More]
EVs gaining momentum in Canada; still face infrastructure, adoption concerns
Sarah Rubenoff, Correspondent
Canada is positioning itself as not only an electric vehicle supplier, but also a supplier of the materials needed to make the batteries that power these vehicles. Canada and Ontario governments are working in partnership with Umicore Rechargeable Battery Materials ... [Read More]
NBA, Clutch team up for marketing partnership to tip off new basketball season
Auto Remarketing Editor Joe Overby
Clutch is now the official online car retailer of the National Basketball Association in Canada, with the 2023-24 NBA season beginning Tuesday. The two announced this week a multiyear marketing partnership, and the collaboration began with an “interactive fan event” ... [Read More]
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