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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

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]

Wholesale vehicle prices in Canada continue downturn as 2022 closes

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Auto Remarketing Canada Staff
Wholesale vehicle prices in Canada finished 2022 with a steeper decline than what’s typical for the final week of the year, according to the Market Insights report released Tuesday by Canadian Black Book. Specifically, there was a 0.44% decline in ... [Read More]

CDK partners with Hyundai Canada on digital retailing, DMS

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Auto Remarketing Canada Staff
CDK Global announced last month that it was chosen to be the exclusive digital retailer partner for Hyundai Auto Canada and a preferred technology partner for DMS at the company’s 200-plus Canadian stores. Implementation of the partnership began in November. ... [Read More]

DriveItAway mobility platform expands footprint to Canada

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Auto Remarketing Canada Staff
DriveItAway, a U.S.-based mobility platform that offers vehicle subscription-to-purchase services, is expanding to Canada. The company has partnered with Ontario-based Legacy Auto Credit, a dealership offering in-house leasing and auto financing to credit- and debt-challenged customers. “For decades Legacy Auto Credit ... [Read More]

How Canadian wholesale vehicle values fared in November, early December

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Joe Overby, Senior Editor
Good news for the Canadian used-vehicle market: Prices are considerably steadier, according to Canadian Black Book, which released its Used Vehicle Retention Index for November on Friday. Specifically, the index came in at 158.7 for the month, relatively steady with ... [Read More]

AutoVerify, Global Warranty partner to help drive F&I profits for dealers

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Auto Remarketing Canada Staff
AutoVerify has teamed up with Global Warranty, an independent warranty provider in Canada, to help dealers drive F&I profitability. The company has integrated Global Warranty products into its AutoVerify Spotlight digital merchandising solution. “This partnership with AutoVerify is a win ... [Read More]

More Canadian shoppers consider used cars, largely for supply issues

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Auto Remarketing Canada Staff
While Canadian car shoppers say they’ll hold steady on their decisions around new-versus-used and budgeting regardless of where the economy goes, recent research from AutoTrader.ca also shows they were more willing to consider pre-owned this year. Pushed by microchip shortage-driven ... [Read More]

AutoCanada buys Hamilton, Ontario dealership

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Auto Remarketing Canada Staff
AutoCanada continued its growth last week with the acquisition of Sterling Honda in Hamilton, Ontario. The retailer said the purchase will bring in annual revenues of more than $65 million. AutoCanada will fund the transaction from a drawdown of its credit ... [Read More]

PAVE now provides digital inspections for online retailer CarDoor

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Auto Remarketing Canada Staff
PAVE, which is an automated vehicle inspection platform, announced earlier this week that online auto retailer CarDoor is now using the company’s platform to promote  greater transparency in consumers’ at-home vehicle inspections. PAVE’s digital inspection technology allows consumers to take ... [Read More]

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