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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

Amid ongoing supply constraint, buyers & sellers in Canadian wholesale market ‘trying to figure things out’

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Sarah Rubenoff, Correspondent
Although digital remarketing was on the rise before COVID, many in the industry still preferred the in-lane process and physical auction sales.  Then the pandemic hit. And the economic shutdown was soon to follow. With the closing of auctions’ physical ... [Read More]

HeyAuto, Privacy4Cars partner to help dealers remain compliant, amid growing consumer protection laws

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Sarah Rubenoff, Correspondent
Cars are becoming more connected. And with that comes challenges around how this new technology works. Plus, the need for effective and auditable solutions to meet growing regulatory requirements around connectivity technnology to protect consumers has never been higher. That’s why ... [Read More]

Most pressing trends in Canadian auto finance market for 2023

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Sarah Rubenoff, Correspondent
In the auto finance world, things are surely changing rapidly. Prices for new- and used-car inventory were finally coming down a bit in late 2022, perhaps bringing more buyers into buy or “just look” during the holiday season.  Axis Auto ... [Read More]

Dealer groups: AutoCanada amends credit facility; Lithia adds to Canadian footprint

Florida & Texas choose new dealer association leaders
Auto Remarketing Canada Staff
This dealer group roundup includes news from two retailers with footprints in both the U.S. and Canada. Starting with Edmonton-based AutoCanada, the company said Monday it has amended its credit facility, which has also been extended to April 15, 2026. ... [Read More]

Go Auto buys 1st US stores, acquiring Mercedes & Toyota dealerships in Washington state

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Auto Remarketing Canada Staff
Another Canadian dealer group is making moves in the United States. Canada’s Go Auto, a family-owned dealer group based in Edmonton, has made its first U.S. acquisition, announcing Wednesday it has purchased Washington state’s Mercedes-Benz of Bellingham and Toyota of Bellingham. ... [Read More]

Automotive Ventures adds Trader Canada executive as advisor

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Auto Remarketing Canada Staff
Automotive Ventures has added Trader Canada executive Paul Whitworth as an advisor, the company said Monday. Whitworth’s experience also includes helping to develop the Retail Solutions business unit at Cox Automotive as well as co-founding AutoPoint, working as an original ... [Read More]

Element Fleet Management announces CEO succession plan

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Auto Remarketing Canada Staff
Element Fleet Management president and CEO Jay Forbes will retire on May 10 when the company hosts its annual general meeting, and Laura Dottori-Attanasio will succeed him, Element said Monday. Dottori-Attanasio, who has been with the Canadian Imperial Bank of ... [Read More]

Canadian wholesale vehicle prices continue downturn to start 2023

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Auto Remarketing Canada Staff
Though not as significant as the prior week’s decline, wholesale vehicle prices in Canada continued their downturn in the second week of 2023. According to the latest Market Insights report from Canadian Black Book, wholesale prices fell 0.41% for the ... [Read More]

First year-over-year drop in Canadian used-car values in 29 months

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Auto Remarketing Canada Staff
29 months. That’s the last time there was a year-over-year decline in Canadian Black Book’s Used Vehicle Retention Index. That is, until last month. The index reading of 157.6 was off 0.7% from November and down 0.6% from December 2021, ... [Read More]

Sym-Tech completes acquisition of SSQ, expanding Quebec footprint

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Auto Remarketing Canada Staff
Sym-Tech Dealers Services announced Friday that it has completed its purchase of SSQ Dealer Services. The deal to acquire SSQ from Beneva Group was initially announced in November. SSQ provides vehicle protection products and services to dealers in Quebec, giving ... [Read More]

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